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    Property profile & analytics

    534 N 5Th Ave Sequim, WA 98382

    • Office Properties & Spaces
    • 1,228 SF
    For Lease
    View listing
    $1,850 /Mo
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US90-2865550
    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

    • Office Properties & Spaces

    Property Details for 534 N 5Th Ave

    Year built
    2007
    Property size
    1,228 SF
    Property type
    Office Properties & Spaces
    APN
    330196500603070
    APU
    330196500603070

    Description

    This exceptional 1,228-square-foot office space is located at 534 N 5th Ave, Unit 7, Sequim, WA 98382, within the 5th Avenue Professional Plaza. Built in 2007, this single-tenant space is situated in a vibrant Lifestyle District zoning area and offers a blend of functionality and convenience. The property features a shared lobby and bathrooms, multiple individual offices, a dedicated storage room, and a comfortable employee lounge complete with a sink and dishwasher. High-speed internet access is readily available. Ample parking is provided for tenants and clients, and the building allows for exterior signage. The two-story building is served by Clallam County PUD power and includes elevators. The property's location on a highly trafficked road ensures excellent visibility and accessibility. Its proximity to Olympic Medical Center (OMC) and Jamestown medical facilities makes it particularly attractive for medical practices. The property's APN is 0330196500603070. Cross street is Fir St. This versatile space is perfect for a variety of professional uses, offering a combination of modern amenities and a strategic location in the heart of Sequim.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sequim
    County
    Clallam
    State
    Washington
    Longitude
    -123.112
    Latitude
    48.0839
    CBSA code
    38820
    CBSA name
    PORT ANGELES, WA MICROPOLITAN 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
    $1,832
    $15,964
    $218,000
    $233,964
    -
    $15,964
    $218,000
    $233,964

    Comparable in this City

    • Value Estimation
      $870,000
      3,104 SF

      305 Sequim Ave

      OFFICE (GENERAL) • 3,104 SF
      305 Sequim Ave, Sequim, WA 98382-3807
      View Details
    • Value Estimation
      $2,005,000
      712 SF

      5th Ave

      OFFICE (GENERAL) • 712 SF
      5th Ave, Sequim, WA 98382
      View Details
    • Value Estimation
      $360,000
      3,600 SF

      433 5th Ave

      OFFICE (GENERAL) • 3,600 SF
      433 5th Ave, Sequim, WA 98382-3314
      View Details
    • Value Estimation
      $370,000
      1,078 SF

      261043 Hwy 101

      OFFICE (GENERAL) • 1,078 SF
      261043 Hwy 101, Sequim, WA 98382-6200
      View Details
    • Value Estimation
      $350,000
      1,463 SF

      120 Maple St

      OFFICE (GENERAL) • 1,463 SF
      120 Maple St, Sequim, WA 98382-3773
      View Details
    • Value Estimation
      $365,000
      4,368 SF

      495 Spruce St

      OFFICE (GENERAL) • 4,368 SF
      495 Spruce St, Sequim, WA 98382-3373
      View Details

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    Similar Nearby for Lease

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      Sequim Office Space: 1228 sq ft

      Prime Sequim office, ideal for medical, traditional, or coworking uses.
      534 5Th Ave, Sequim, WA 98382
      View Details
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    Sequim, WA 98382
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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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