Property profile

6940 37th S Ave Seattle, WA 98118

OFF-MARKET
Assisted living facilities
Property ID
US90-1682781
46,956 SF 1.31 ac lot Built 2001
Entity Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 46,956 SF
Lot 1.31 ac (57,224 SF)
Zoning code LR3 (M)
APN 339506-0390
UPID US90-1682781

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
  • Charitable Organization Social Service Agency

Location

6940 37th S Ave Seattle, WA 98118-6417
Seattle metro Census 11001 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
$656k
Blend (final) Blend
$715k

Owner & transaction history

since 2000
3 recorded transactions
2000
$604,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LR3 (M) · Seattle, WA
Zoning description

This district promotes multi family uses, in a variety of multifamily housing types in multifamily neighborhoods of moderate scale and density. M is the mandatory housing affordability suffix applied to this zone.

General category RESIDENTIAL

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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