Property profile

553 1st S Ave Seattle, WA 98104

OFF-MARKET
Office Spaces
Property ID
US90-1260266
2,844 SF 0.02 ac lot Built 1910
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1910
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,844 SF
Lot 0.02 ac (731 SF)
Zoning code PSM-85-120
APN 766620-6935
UPID US90-1260266

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
  • Home Appliance Store

Location

553 1st S Ave Seattle, WA 98104-2803
Seattle metro Census 9300 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2017
1 recorded transaction
2017
$1.9M

Zoning & alternative use

PSM-85-120 · Seattle, WA
Zoning description

Uses at street level in the area designated on Map B for 23.66.130 require the approval of the Department of Neighborhoods Director after review and recommendation by the Preservation Board. 2. Street level uses in the P…

General category MIXED_USE

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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