Property profile

600 Michigan St Seattle, WA 98108

OFF-MARKET
Grocery and convenience stores
Property ID
US90-1004306
1,914 SF 0.47 ac lot Built 1968
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1968
Construction STEEL FRAME
Total area 1,914 SF
Lot 0.47 ac (20,563 SF)
Zoning code IG2 U/85
APN 536720-1160
UPID US90-1004306

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
  • Restaurant
  • Grocery & Convenience Store

Location

600 Michigan St Seattle, WA 98108-2633
Seattle metro Census 10900 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2018
7 recorded transactions
2023
Price N/A
2020
Price N/A
2018
$5.5M
2009
$593,698
1998
Price N/A
1988
$127,393
1969
Price N/A

Zoning & alternative use

IG2 U/85 · Seattle, WA

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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