17455 68Th AveKenmore, WA 98028

  • Office properties
  • 10,518 SF
For Lease
$24/SF/YR View listing

Property Details for 17455 68Th Ave

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.43 AC
Property size (Sq ft)
10,518 SF
Zone code
RB
Property type
Office properties
Property subtype
Office buildings
APN
112604-9114
APU
1126049114

Description

The Morrison Building offers a single, spacious executive office suite for lease in the desirable CBA Woodinville/Bothell/Kenmore submarket of King County. This exceptional property boasts a total of 1,735 square feet, currently featuring one available suite encompassing 1,014 square feet of well-appointed space, perfect for a variety of business needs. The building's single-suite configuration provides a unique opportunity for a company seeking a private and exclusive office environment. The ample square footage allows for flexible layout options to accommodate various team sizes and operational requirements. The property's location within the vibrant CBA Woodinville/Bothell/Kenmore submarket offers easy access to major transportation routes, amenities, and a thriving business community. This is an excellent opportunity for a business seeking a prestigious and functional office space in a highly sought-after area. The suite is immediately available, providing a quick and seamless transition for your business. Interested parties are encouraged to inquire promptly to secure this exceptional executive office space. The property is offered as a multiple tenancy, although currently only one suite is available. This presents a unique opportunity for a single tenant to occupy the entire available space. The building's size and layout offer a blend of privacy and functionality, ideal for businesses seeking a professional and efficient workspace.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,837,071
    6.5%
    $2,618,834
    7%
    $2,431,775
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,197,191
    Geo Method
    $2,025,556
  • Alternative Use

    Use
    Valuation
    Residential
    $3,247,355
    Hospitality
    $2,974,560
    Educational
    $2,474,798
    Medical
    $2,559,911
    Retail
    $3,849,686
17455 68Th Ave, Kenmore, Washington

Location Insight

City
Kenmore
County
King
State
Washington
Latitude
47.7574
Longitude
-122.25
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
$19,789
$651,700
$1,022,300
$1,674,000
-
$651,700
$1,022,300
$1,674,000

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