9243 Martin Luther King Jr Way S, Seattle, WA 98118
- Warehouses
- 6,110 SF
- 0.66 lot acres
Current Use by Public Records
- Universal Appliance & Refrigeration / Production Facility / Industrial Manufacturer
Property Details for 9243 Martin Luther King Jr Way S
- Year built
- 1948
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.66 lot acres
- Zone code
- C2-75 (M)
- Property type
- Warehouses
- APN
- 807200-0075
- APU
- 8072000075
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 31, 2022 | — | Universal Appliance & Com Refrigera | — | Deed · related | $1.9M · Us Bank NA |
| Jan 28, 2022 | $2,550,000 | Universal Appliance & Commercial Re | Keeling Investments LLC | Warranty Deed | — |
| May 28, 2008 | $1,150,000 | Keeling Investments LLC | Sather Palmer E Trust | Warranty Deed | $750k · Joseph A D & Palmer E Sather |
| Nov 10, 2004 | $13,700 | Central Puget Sound Regional T | Sather,palmer E | Grant Deed | — |
| Jan 27, 1993 | — | Palmer E Sather | Sather,j A&pauli | Quit Claim Deed · related | — |
| — | — | Pamela E Sather | — | Deed Of Trust · related | — |
| — | — | Keeling Investments LLC | — | Deed Of Trust · related | $200k · William C & Barbara G Nielsen |
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,070,000
- ML approach
- $2,040,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,495,000
- 6.5%
- $1,380,000
- 7%
- $1,280,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,942,000
Market price range: $1.11M - $2.79M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,805,000 Current use
- RESTAURANT
- $3,205,000 Change: +78% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,515,000 Change: +39% Conversion: Easy
- RETAIL STORES
- $2,450,000 Change: +36% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $2,165,000 Change: +20% Conversion: Difficult
- OFFICE BUILDING
- $2,160,000 Change: +20% Conversion: Difficult
- MEDICAL BUILDING
- $2,100,000 Change: +16% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,895,000 Change: +5% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.28
- Latitude
- 47.5194
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA