203 Blakeley StMonroe, WA 98272

  • Office properties
  • 5,550 SF
For Lease
$16/SF/YR View listing

Property Details for 203 Blakeley St

Year built
2002
Construction
WOOD
Lot size
0.12 AC
Property size (Sq ft)
5,550 SF
Zone code
DC
Property type
Office properties
Property subtype
Office buildings
APN
27060100105600
APU
27060100105600

Description

This exceptional executive office space, located at 203 N Blakeley St in Monroe, Washington, offers a total of 1,300 square feet currently available for lease. The property, situated in the Sylvan Learning Center building, is categorized as an office building with a multiple tenancy structure. Two individual suites are available, each measuring 650 square feet. This provides flexibility for businesses seeking either a single, spacious suite or the option to lease both for a larger footprint. The minimum leasable space is 650 square feet, and the maximum contiguous space available is also 650 square feet. The entire 1,300 square feet is currently vacant and ready for immediate occupancy. The building is located in Snohomish County, Washington, offering convenient access to local amenities and transportation networks. This presents a unique opportunity for businesses seeking high-quality, readily available office space in a desirable Monroe location. The property's address is 203 N Blakeley St, Monroe, WA 98272. This listing provides a fantastic opportunity to establish or expand your business in a well-maintained and conveniently located building. The space is ideal for businesses requiring a professional and efficient workspace.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,497,028
    6.5%
    $1,381,872
    7%
    $1,283,167
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,687,052
    Geo Method
    $1,068,819
  • Alternative Use

    Use
    Valuation
    Residential
    $1,713,522
    Hospitality
    $1,569,576
    Educational
    $1,305,869
    Medical
    $1,350,780
    Retail
    $2,031,352
203 Blakeley St, Monroe, Washington

Location Insight

City
Monroe
County
Snohomish
State
Washington
Latitude
47.857
Longitude
-121.972
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,010
$250,000
$960,000
$1,210,000
-
$250,000
$960,000
$1,210,000

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