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    Property profile & analytics

    5607 Rainier S Ave Seattle, WA 98118-2442

    • Investment properties
    • 3,000 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 26, 2024
    $1,800,000
    Location Intelligence
    Property ID
    US90-0970196
    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

    • Archipelago / Pacific Northwest Restaurant (Us) / Fine Dining Restaurant
    • Velvet Curtain Seattle / Entertainment Agency

    Property Details for 5607 Rainier S Ave

    Year built
    1915
    Construction
    WOOD
    Lot size
    0.07 lot acres
    Property size
    3,000 SF
    Zone code
    NC2P-55 (M)
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    333050-1056
    APU
    3330501056

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.278
    Latitude
    47.5517
    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
    2022
    $6,752
    $371,200
    $392,000
    $763,200
    -
    $371,200
    $392,000
    $763,200

    Comparable in this City

    • Value Estimation
      $1,275,000
      4,419 SF

      5500 Rainier S Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,419 SF
      5500 Rainier S Ave, Seattle, WA 98118-2441
      View Details
    • Value Estimation
      $315,000
      1,460 SF

      3709 Ferdinand St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,460 SF
      3709 Ferdinand St, Seattle, WA 98118-1735
      View Details
    • Value Estimation
      $575,000
      2,496 SF

      5315 Martin Luther King Jr S Way

      OFFICE/RESIDENTIAL (MIXED USE) • 2,496 SF
      5315 Martin Luther King Jr S Way, Seattle, WA 98118-6133
      View Details
    • Value Estimation
      $505,000
      1,446 SF

      5501 Rainier S Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,446 SF
      5501 Rainier S Ave, Seattle, WA 98118-2440
      View Details
    • Value Estimation by Request
      9,320 SF

      8320 Rainier S Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,320 SF
      8320 Rainier S Ave, Seattle, WA 98118-4662
      View Details
    • Value Estimation
      $915,000
      2,420 SF

      9099 Seward Park S Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,420 SF
      9099 Seward Park S Ave, Seattle, WA 98118-6095
      View Details

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      High-potential Seattle commercial property, leased, great location.
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    Similar Nearby for Lease

    • $27 SF/Yr
      5,687 SF

      Standalone Retail Building in Rainier

      High-visibility retail building with parking and pylon signage.
      9416 Rainier Ave S, Seattle, WA 98118
      View Details
    • Contact for pricing

      Paved Land Parcel For Rent

      Large fenced and lit land parcel with I-5 access.
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    • $24 SF/Yr
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      Office Space with Multiple Offices

      Office space featuring six separate offices and ample natural light.
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      View Details
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      Energy-efficient office space with solar power and ample parking.
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      Renovated Rainier Beach Office/Retail Space

      Renovated office or retail space with ample parking near light rail.
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    • $45 SF/Yr
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      West Seattle Fitness Space Available

      Turn-key fitness space in a high-traffic West Seattle location.
      4505 42Nd Ave SW, Seattle, WA 98118
      View Details
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    Seattle, WA 98118-2442
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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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