Technical
Financial
Distress signals
Property profile

550 Broadway Seattle, WA 98122

OFF-MARKET
Investment properties
Property ID
US90-1955616
87,210 SF 0.16 ac lot Built 2016
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2016
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 87,210 SF
Lot 0.16 ac (7,080 SF)
Zoning code MIO-90-NC3-95 (M)
APN 219810-0015
UPID US90-1955616

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
  • Medical Clinic
  • Real Estate Agency
  • Apartment Building

Location

550 Broadway Seattle, WA 98122-5402
Seattle metro Census 8600 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$17.71M
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.82M

Owner & transaction history

since 2018
7 recorded transactions
2018
$68.3M
2015
Price N/A
2014
Price N/A
2014
$7.5M
2011
$3.3M
1998
$300,000
1969
Price N/A

Zoning & alternative use

MIO-90-NC3-95 (M) · Seattle, WA
Zoning description

The intent of this overlay is to regulate major educational and medical institutions. The intent of NC3-95 district is to promote neighborhood commercial activities to support or encourage a pedestrian-oriented shopping…

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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