Property profile

8427 1st S Ave Seattle, WA 98108

OFF-MARKET
Office buildings
Property ID
US90-1791849
380 SF 2.58 ac lot Built 1994
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Construction FRAME
Total area 380 SF
Lot 2.58 ac (112,349 SF)
Zoning code NR2
APN 312404-9125
UPID US90-1791849

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
  • Park

Location

8427 1st S Ave Seattle, WA 98108-4203
Seattle metro Census 11300 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k

Owner & transaction history

since 2024
Last sale
$630,000
7 recorded transactions
2024
$630,000
2005
Price N/A
2005
Price N/A
2002
$160,000
1998
$129,000
1990
Price N/A
1969
Price N/A

Zoning & alternative use

NR2 · 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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