Property profile

5229 University NE Way Seattle, WA 98105

OFF-MARKET
Medical Office Space
Property ID
US90-0589169
2,274 SF 0.17 ac lot Built 1963
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1963
Construction WOOD
Total area 2,274 SF
Lot 0.17 ac (7,440 SF)
Zoning code NC3P-65
APN 881640-0755
UPID US90-0589169

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store
  • Dental Office
  • Auto Parts Store Discount Store
  • Travel Agency

Location

5229 University NE Way Seattle, WA 98105-3546
Seattle metro Census 4402 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2018
$3.4M
2018
Price N/A
1989
$285,000
1969
Price N/A

Zoning & alternative use

NC3P-65 · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping district that serves the surrounding neighborhood and a larger community, citywide, or r…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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