Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    807 Roy St Seattle, WA 98102-4610
    Back to Search
    Property profile & analytics

    807 Roy St Seattle, WA 98102-4610

    View on Map
    • Office buildings
    • 20,128 SF
    • 0.17 lot acres
    Off-Market
    Property ID
    US90-1017276
    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.
    Value Estimations
    $2,930,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotel / Hotel & Motel
    • Consulado de México en Seattle / Foreign Consulate
    • EMI Consulting / Consultant / Engineering Consultant
    • Woman's Century Club / Charitable Organization / Social Service Agency
    • Consulado de mexico / Corporate Office

    Property Details for 807 Roy St

    Year built
    1925
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    20,128 SF
    Zone code
    NC3P-40
    Property type
    Office buildings
    APN
    685070-0245
    APU
    6850700245

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.322
    Latitude
    47.625
    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
    $1,405
    $1,988,500
    $2,849,800
    $4,838,300
    -
    $1,988,500
    $2,849,800
    $4,838,300

    Comparable in this City

    • Value Estimation
      $1,945,000
      14,192 SF

      1945 Yale E Pl

      OFFICE BUILDING • 14,192 SF
      1945 Yale E Pl, Seattle, WA 98102-3682
      View Details
    • Value Estimation
      $550,000
      2,464 SF

      2033 Minor E Ave

      OFFICE BUILDING • 2,464 SF
      2033 Minor E Ave, Seattle, WA 98102-3574
      View Details
    • Value Estimation
      $5,460,000
      25,750 SF

      1015 Republican St

      OFFICE BUILDING • 25,750 SF
      1015 Republican St, Seattle, WA 98102-5017
      View Details
    • Value Estimation
      $890,000
      4,050 SF

      226 Smt E Ave

      OFFICE BUILDING • 4,050 SF
      226 Smt E Ave, Seattle, WA 98102-5619
      View Details
    • Value Estimation by Request
      1,700 SF

      2925 Fairview E Ave

      OFFICE BUILDING • 1,700 SF
      2925 Fairview E Ave, Seattle, WA 98102-3054
      View Details
    • Value Estimation by Request
      1,392 SF

      2370 Fairview E Ave

      OFFICE BUILDING • 1,392 SF
      2370 Fairview E Ave, Seattle, WA 98102-3396
      View Details

    Similar Nearby for Sale

    • $1,600,000

      Eastlake Office Building Development Potential

      Eastlake office building with development potential, delivered vacant.
      207 Edgar St, Seattle, WA 98102
      View Details
    • $2,975,000
      6,510 SF

      Seattle Office Building For Sale

      6,510 SF office building in Seattle, WA for sale.
      614 Boylston Ave E, Seattle, WA 98102
      View Details
    • $675,000
      1,293 SF

      Eastlake Office/Retail Condo For Sale

      Office/Retail condo with parking, storage, and EV charger.
      3217 Eastlake Ave E, Seattle, WA 98102
      View Details
    • Contact for pricing
      1,027 SF

      Retail/Office Space in Seattle

      1,027 SqFt retail or office space for sale.
      2950 Eastlake Ave E, Seattle, WA 98102
      View Details
    • $2,825,000

      Capitol Hill Mixed-Use Opportunity

      Mixed-use building in Capitol Hill with office, retail, and housing.
      1718 Olive Way, Seattle, WA 98102
      View Details
    • Contact for pricing

      Versatile Mixed-Use Building in Seattle

      Flex-oriented mixed-use building in a dynamic, walkable Seattle neighborhood.
      150 12Th Ave, Seattle, WA 98102
      View Details

    Similar Nearby for Lease

    • $1,600 /Mo
      500 SF

      East Lake Union Office Space

      500 SF office space with parking and utilities included.
      3147 Fairview Ave E, Seattle, WA 98102
      View Details
    • $4,367 /Mo
      2,096 SF

      Seattle Office Space with Views

      Office space for rent with views of Lake Union.
      1500 Fairview Ave E, Seattle, WA 98102
      View Details
    • $13,563 /Mo
      6,510 SF

      Capitol Hill Renovated Office Space

      Recently renovated office space in north Capitol Hill location.
      614 Boylston Ave E, Seattle, WA 98102
      View Details
    • $15,085 /Mo
      6,465 SF

      Eastlake Area Office Space

      LEED Certified office space with easy access to amenities.
      1910 Fairview Ave E, Seattle, WA 98102
      View Details
    • Contact for pricing
      1,022 SF

      Eastlake Retail/Office Space Available

      Retail or office space available in Seattle's Eastlake neighborhood.
      1550 Eastlake Ave, Seattle, WA 98102
      View Details
    • $7,458 /Mo
      2,486 SF

      Eastlake Office Space with Views

      Office space in Eastlake with Lake Union views.
      3302 Fuhrman Ave E, Seattle, WA 98102
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    807 Roy St
    Seattle, WA 98102-4610
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    807 Roy St, Seattle, WA, 98102
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!