5811 6thSeattle, WA 98108

  • Other commercial real estate
  • 25,500 SF
For Lease
$12/SF/YR View listing

Property Details for 5811 6th

Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.00 AC
Property size (Sq ft)
25,500 SF
Zone code
IG2 U/85
Property type
Other commercial real estate
Property subtype
Showrooms
APN
273810-0380
APU
2738100380

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,143,533
    6.5%
    $9,363,261
    7%
    $8,694,457
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,232,216
    Geo Method
    $12,375,191
  • Alternative Use

    Use
    Valuation
    Residential
    $7,898,262
    Hospitality
    $7,234,765
    Educational
    $6,019,240
    Medical
    $6,226,250
    Retail
    $9,363,261
5811 6th, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.5505
Longitude
-122.327
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,899,900
  • Assessed land value
    $2,177,800
  • Assessed value
    $5,077,700
  • Tax year
    2022
  • Tax bill
    $49,443

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