2220 MarketSeattle, WA 98107

  • Retail properties
  • 21,951 SF
For Sale
$6,585,000 View listing

Property Details for 2220 Market

Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.23 AC
Property size (Sq ft)
21,951 SF
Zone code
NC3P-75 (M)
Property type
Retail properties
Property subtype
Retail space
APN
276770-1030
APU
2767701030

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,731,482
    6.5%
    $8,059,830
    7%
    $7,484,128
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,425,896
    Geo Method
    $10,652,855
  • Alternative Use

    Use
    Valuation
    Residential
    $6,798,768
    Hospitality
    $6,227,634
    Educational
    $5,181,319
    Medical
    $5,359,512
    Retail
    $8,059,830
2220 Market, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6691
Longitude
-122.386
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $596,600
  • Assessed land value
    $3,900,000
  • Assessed value
    $4,496,600
  • Tax year
    2022
  • Tax bill
    $38,408

FAQs

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