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    Property profile & analytics

    505 5th S Ave, Unit 1 Edmonds, WA 98020-3585

    • Commercial real estate
    • 6,329 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0352553
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Moon Sky Healing - Intuitive Energy Healing, Holistic LIfe Coaching, Meditation, Reiki Classes / Meditation Center / Life Coach
    • The Gregory / Condominium Complex
    • Jodee Israel, Berkshire Hathaway NWSRE / Real Estate Agent
    • Charlie Garage Door Repair / Garage Door Supplier
    • Berkshire Hathaway Home Services / Real Estate Agent / Real Estate Agency

    Property Details for 505 5th S Ave

    Year built
    2007
    Construction
    WOOD
    Property size
    6,329 SF
    Zone code
    E0
    Property type
    Commercial real estate
    APN
    1070900000100
    APU
    1070900000100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edmonds
    County
    Snohomish
    State
    Washington
    Longitude
    -122.377
    Latitude
    47.8069
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,575
    $208,400
    $1,477,400
    $1,685,800
    -
    $208,400
    $1,477,400
    $1,685,800

    Comparable in this City

    • Value Estimation by Request
      435 SF

      110 James St Ste, Unit 200

      COMMERCIAL CONDOMINUIM • 435 SF
      110 James St Ste, Edmonds, WA 98020-8431
      View Details
    • Value Estimation
      $345,000
      1,211 SF

      510 Bell St

      COMMERCIAL CONDOMINUIM • 1,211 SF
      510 Bell St, Edmonds, WA 98020-3147
      View Details
    • Value Estimation by Request
      2,867 SF

      504 Holly Dr, Unit 100

      COMMERCIAL CONDOMINUIM • 2,867 SF
      504 Holly Dr, Edmonds, WA 98020-3498
      View Details
    • Value Estimation
      $940,000
      2,173 SF

      128 4th Ave S Ste, Unit 100

      COMMERCIAL CONDOMINUIM • 2,173 SF
      128 4th Ave S Ste, Edmonds, WA 98020-8462
      View Details
    • Value Estimation by Request
      14,987 SF

      110 James St Ste, Unit 100

      COMMERCIAL CONDOMINUIM • 14,987 SF
      110 James St Ste, Edmonds, WA 98020-8430
      View Details
    • Value Estimation by Request
      7,302 SF

      120 3rd S Ave

      COMMERCIAL CONDOMINUIM • 7,302 SF
      120 3rd S Ave, Edmonds, WA 98020-8411
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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    • $35 SF/Yr
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      Edmonds Waterfront Office Space Available

      Office space in downtown Edmonds with waterfront views for rent.
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    • $27 SF/Yr
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      Edmonds Ground Floor Office Space

      823 SF office space available for immediate occupancy.
      610 5Th Ave S, Edmonds, WA 98020
      View Details

    Property Visit Statistics

    • Visits by month
      9.4k
    • Visitors by month
      6.2k
    • Avg Time on site
      16 min
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    Edmonds, WA 98020-3585
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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