2200 MadisonSeattle, WA 98112

  • Healthcare properties
  • 45,798 SF
Off market
$36,670,865 Estimated

Property Details for 2200 Madison

Year built
2013
Construction
CONCRETE
Lot size
0.58 AC
Property size (Sq ft)
45,798 SF
Zone code
NC3P-75 (M)
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
282504-9005
APU
2825049005

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,114,208
    6.5%
    $11,182,346
    7%
    $10,383,607
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,123,579
    Geo Method
    $10,142,746
  • Alternative Use

    Use
    Valuation
    Residential
    $14,185,277
    Hospitality
    $12,993,638
    Educational
    $10,810,554
    Medical
    $11,182,346
    Retail
    $16,816,418
2200 Madison, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6191
Longitude
-122.303
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $19,918,400
  • Assessed land value
    $10,388,100
  • Assessed value
    $30,306,500
  • Tax year
    2022
  • Tax bill
    $250,844

FAQs

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