140 4Th AveSeattle, WA 98109

  • Office properties
  • 378,443 SF
For Lease
$25/SF/YR View listing

Property Details for 140 4Th Ave

Year built
2001
Construction
CONCRETE
Lot size
0.93 AC
Property size (Sq ft)
378,443 SF
Zone code
SM-UP 160 (M)
Property type
Office properties
Property subtype
Office buildings
APN
199120-0150
APU
1991200150

Description

Komo Plaza, located at 140 4th Ave N #145 in Seattle's CBA Queen Anne/Magnolia submarket (zip code 98109), offers exceptional office space for lease. This Class A property comprises two buildings totaling 294,000 square feet and features a variety of office configurations suitable for various business needs. The property is categorized as Retail, Office, and specifically offers Traditional Office, Executive Office, and Medical Office spaces. Multiple tenancies are available, with a minimum divisible space of 2,284 square feet and a maximum contiguous space of 7,992 square feet. Currently, 12,361 square feet of space is vacant and ready for immediate occupancy. The property's versatile design caters to businesses seeking flexible and adaptable work environments. Its central location within King County provides easy access to major transportation routes and amenities, making it an ideal location for businesses of all sizes. Three spaces are currently available, ranging from 2,085 to 7,992 square feet. This presents a unique opportunity to secure high-quality office space in a thriving Seattle neighborhood. Inquire today to learn more about leasing opportunities at this prestigious location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $102,407,608
    6.5%
    $94,530,096
    7%
    $87,777,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $101,484,776
    Geo Method
    $72,880,552
  • Alternative Use

    Use
    Valuation
    Residential
    $117,217,320
    Hospitality
    $107,370,440
    Educational
    $89,330,944
    Medical
    $92,403,168
    Retail
    $138,959,248
140 4Th Ave, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6192
Longitude
-122.348
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
$1,474,800
$28,476,000
$152,228,700
$180,704,700
-
$28,476,000
$152,228,700
$180,704,700

FAQs

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