5602 2ndSeattle, WA 98108

  • Office buildings
  • 4,914 SF
Off market
$1,130,600 Estimated

Property Details for 5602 2nd

Year built
2008
Construction
WOOD
Lot size
0.02 AC
Property size (Sq ft)
4,914 SF
Zone code
IG2 U/85
Property type
Office buildings
APN
172280-1874
APU
1722801874

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,329,740
    6.5%
    $1,227,453
    7%
    $1,139,778
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,317,758
    Geo Method
    $946,338
  • Alternative Use

    Use
    Valuation
    Residential
    $1,522,041
    Hospitality
    $1,394,182
    Educational
    $1,159,943
    Medical
    $1,199,835
    Retail
    $1,804,356

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.5526
Longitude
-122.332
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
2022
$9,386
$50,100
$1,080,500
$1,130,600
-
$50,100
$1,080,500
$1,130,600

FAQs

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