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    Property profile & analytics

    9312 51st S Ave Seattle, WA 98118-5341

    • Residential income homes
    • 4,544 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $1,275,000
    Last Sale
    Aug 27, 2021
    $1,300,000
    Location Intelligence
    Property ID
    US90-1616073
    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.

    Current Use by Public Records

    • Residential income homes

    Property Details for 9312 51st S Ave

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.17 lot acres
    Property size
    4,544 SF
    Zone code
    LR2 (M)
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    806600-0046
    APU
    8066000046

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,290,000
      6.5%
      $1,255,000
      7%
      $1,165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,370,000
      Geo Method
      $1,160,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,035,000
      Retail
      $1,345,000
      Mixed-Use
      $1,150,000
      Hospitality
      $1,145,000
      Educational
      $1,045,000
      Residential Income
      $1,360,000
      Energy
      $1,195,000
      Income-Based Land
      $1,295,000
      Food Service
      $1,110,000

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.27
    Latitude
    47.5186
    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
    2024
    $11,970
    $337,500
    $945,500
    $1,283,000
    -
    $337,500
    $945,500
    $1,283,000

    Comparable in this City

    • Value Estimation
      $660,000
      2,615 SF

      4529 Rainier Ave Sa

      BOARDING/ROOMING HOUSE • 2,615 SF
      4529 Rainier Ave Sa, Seattle, WA 98118-1656
      View Details
    • Value Estimation by Request

      4803 Henderson St

      Multifamily properties
      4803 Henderson St, Seattle, WA 98118
      View Details
    • Value Estimation
      $1,275,000
      4,419 SF

      5500 Rainier S Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,419 SF
      5500 Rainier S Ave, Seattle, WA 98118-2441
      View Details
    • Value Estimation
      $315,000
      1,460 SF

      3709 Ferdinand St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,460 SF
      3709 Ferdinand St, Seattle, WA 98118-1735
      View Details
    • Value Estimation
      $575,000
      2,496 SF

      5315 Martin Luther King Jr S Way

      OFFICE/RESIDENTIAL (MIXED USE) • 2,496 SF
      5315 Martin Luther King Jr S Way, Seattle, WA 98118-6133
      View Details
    • Value Estimation by Request
      9,290 SF

      4820 Rainier S Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,290 SF
      4820 Rainier S Ave, Seattle, WA 98118-1718
      View Details

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    Similar Nearby for Lease

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      High-visibility retail building with parking and pylon signage.
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    • Contact for pricing

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      Renovated office or retail space with ample parking near light rail.
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      West Seattle Fitness Space Available

      Turn-key fitness space in a high-traffic West Seattle location.
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      View Details
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    Seattle, WA 98118-5341
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    Realmo Value Estimation

    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.

    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.

    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
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