506 2ndSeattle, WA 98119
- Office properties
- 6,720 SF
For Lease
$22.32/SF/YR
View listing
Property Details for 506 2nd
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 6,720 SF
- Zone code
- SM-UP 85 (M1)
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 199020-0410
- APU
- 1990200410
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,818,448
- 6.5%
- $1,678,568
- 7%
- $1,558,670
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,802,062
- Geo Method
- $1,294,138
-
Alternative Use
- Use
- Valuation
- Residential
- $2,081,424
- Hospitality
- $1,906,573
- Educational
- $1,586,247
- Medical
- $1,640,800
- Retail
- $2,467,495
506 2nd, Seattle, Washington
Location Insight
- City
- Seattle
- County
- King
- State
- Washington
- Latitude
- 47.6236
- Longitude
- -122.359
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
-
Assessed Improved Value$1,000
-
Assessed land value$3,600,000
-
Assessed value$3,601,000
-
Tax year2022
-
Tax bill$30,610
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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