Property profile

6517 35Th Ave SW Seattle, WA 98126

FOR SALE
Medical Office Space
Property ID
US90-1504319
1,576 SF 0.14 ac lot Built 1962
Individually Owned 37-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a real estate site totaling 6,043 square feet in the Gatewood/Highpoint neighborhood of West Seattle. It is zoned NC2P55 (M) and is configured to support redevelopment, including potential use for a multi-unit low-rise residential project and townhome development. The site is located near transportation routes and within an area that includes nearby parks, shops, cafes, and restaurants. The property was previously used as a medical clinic.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1962
Construction WOOD
Total area 1,576 SF
Lot 0.14 ac (6,043 SF)
Zoning code NC2P-55 (M)
APN 006500-0020
UPID US90-1504319

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6517 35Th Ave SW Seattle, WA 98126
Seattle metro Census 10601 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 1989
1 recorded transaction
1989
$90,000

Zoning & alternative use

NC2P-55 (M) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities, to support or encourage a pedestrian-oriented shopping area that provides a full range of household and personal goods and services, including…

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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More about this property
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