2955 80thMercer Island, WA 98040

  • Office properties
  • 24,514 SF
Off market
$5,873,700 Estimated

Property Details for 2955 80th

Year built
1984
Construction
WOOD
Lot size
0.69 AC
Property size (Sq ft)
24,514 SF
Zone code
TC
Property type
Office properties
Property subtype
Office buildings
APN
545230-0420
APU
5452300420

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,516,543
    6.5%
    $5,092,194
    7%
    $4,728,466
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,377,622
    Geo Method
    $4,720,906
  • Alternative Use

    Use
    Valuation
    Residential
    $6,314,320
    Hospitality
    $5,783,883
    Educational
    $4,812,123
    Medical
    $4,977,619
    Retail
    $7,485,524
2955 80th, Mercer Island, Washington

Location Insight

City
Mercer Island
County
King
State
Washington
Latitude
47.5841
Longitude
-122.232
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
$36,019
$5,371,200
$502,500
$5,873,700
-
$5,371,200
$502,500
$5,873,700

Property Visit Statistics

  • Visits by month
    5.2k
  • Visitors by month
    4.2k
  • Avg Time on site
    14 min

FAQs

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