1300 MadisonSeattle, WA 98122

  • Retail properties
  • 6,122 SF
Off market
$13,900,480 Estimated

Property Details for 1300 Madison

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.61 AC
Property size (Sq ft)
6,122 SF
Zone code
NC3P-75 (M)
Property type
Retail properties
Property subtype
Banks
APN
600300-0100
APU
6003000100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,435,244
    6.5%
    $2,247,917
    7%
    $2,087,352
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,137,083
    Geo Method
    $2,971,016
  • Alternative Use

    Use
    Valuation
    Residential
    $1,896,202
    Hospitality
    $1,736,911
    Educational
    $1,445,090
    Medical
    $1,494,788
    Retail
    $2,247,917
1300 Madison, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6138
Longitude
-122.315
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,000
  • Assessed land value
    $11,487,000
  • Assessed value
    $11,488,000
  • Tax year
    2024
  • Tax bill
    $131,476

FAQs

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