1545 50thSeattle, WA 98107

  • Other commercial real estate
  • 8,380 SF
Off market
$12,192,928 Estimated

Property Details for 1545 50th

Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.40 AC
Property size (Sq ft)
8,380 SF
Zone code
IC-65 (M)
Property type
Other commercial real estate
Property subtype
Showrooms
APN
276770-1830
APU
2767701830

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,340,086
    6.5%
    $3,083,156
    7%
    $2,862,931
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,820,995
    Geo Method
    $4,066,828
  • Alternative Use

    Use
    Valuation
    Residential
    $2,600,758
    Hospitality
    $2,382,280
    Educational
    $1,982,029
    Medical
    $2,050,194
    Retail
    $3,083,156
1545 50th, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6648
Longitude
-122.377
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,000
  • Assessed land value
    $10,075,800
  • Assessed value
    $10,076,800
  • Tax year
    2022
  • Tax bill
    $93,327

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