2050 MarketSeattle, WA 98107

  • Retail properties
  • 5,329 SF
Off market
$2,298,153 Estimated

Property Details for 2050 Market

Year built
1932
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.11 AC
Property size (Sq ft)
5,329 SF
Zone code
NC3P-75 (M)
Property type
Retail properties
Property subtype
Retail space
APN
276770-0985
APU
2767700985

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,119,730
    6.5%
    $1,956,674
    7%
    $1,816,911
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,987,584
    Geo Method
    $2,586,172
  • Alternative Use

    Use
    Valuation
    Residential
    $1,650,528
    Hospitality
    $1,511,874
    Educational
    $1,257,862
    Medical
    $1,301,122
    Retail
    $1,956,674
2050 Market, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6689
Longitude
-122.384
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $46,800
  • Assessed land value
    $1,852,500
  • Assessed value
    $1,899,300
  • Tax year
    2022
  • Tax bill
    $16,333

FAQs

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