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    5506 1st S Ave Seattle, WA 98108-2401
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    Property profile & analytics

    5506 1st S Ave, Seattle, WA 98108-2401

    View on Map

    • Distribution centers
    • 13,416 SF
    • 0.28 lot acres
    Off-Market
    Last Sale Jun 15, 2025
    Property ID
    US90-0658517
    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.

    Value Estimations
    $2,820,000
    Show details
    Cap Rate Potential
    5.2%
    Distribution centers
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 5506 1st S Ave

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Zone code
    MML U/85
    Property type
    Distribution centers
    APN
    526330-0745
    APU
    5263300745

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 15, 2025 — Tall Stacks LLC Gck Properties LLC Warranty Deed $2.9M · First Citizens Bank & Trust Co
    Jun 11, 2024 — Gck Properties LLC Victors Action LLC Quit Claim Deed · related —
    Jun 11, 2024 $2,850,000 Tall Stacks LLC Gck Properties LLC Land Contract $2.5M · Gck Properties LLC
    Jun 12, 2006 — Victors Action LLC Victor,duane C Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,850,000
      ML approach
      $2,850,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,460,000
      6.5%
      $2,270,000
      7%
      $2,105,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,311,000
      Market price range: $2.58M - $5.81M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,090,000
      Current use
      MEDICAL BUILDING
      $4,615,000
      Change: +13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.334
    Latitude
    47.5532
    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
    2024
    $22,529
    $605,800
    $1,507,600
    $2,113,400
    -
    $605,800
    $1,507,600
    $2,113,400
    More about this property
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