1401 Jefferson StSeattle, WA 98122

  • Office properties
  • 72,613 SF
For Lease
$29/SF/YR View listing

Property Details for 1401 Jefferson St

Year built
1984
Construction
CONCRETE
Lot size
0.39 AC
Property size (Sq ft)
72,613 SF
Zone code
NC2-55 (M)
Property type
Office properties
Property subtype
Office buildings
APN
794260-0940
APU
7942600940

Description

The Jefferson Building, a five-story Class B office property located at 1401 E Jefferson St, Seattle, WA 98122, offers a variety of executive and traditional office spaces for lease. Situated in King County, this building boasts a total of 46,000 square feet, with multiple tenancy options available. Currently, there are 1,521 square feet of vacant space immediately available, representing a fantastic opportunity for businesses seeking a move-in ready solution. However, the building's flexible layout allows for spaces ranging from a minimum of 1,521 square feet to larger suites up to 5,179 square feet, catering to a wide range of business sizes and needs. The building's prime location in Seattle offers excellent access to transportation and amenities. This is an ideal opportunity to secure high-quality office space in a well-established building within a thriving urban environment. The building's classic design blends seamlessly with the modern conveniences expected by today's businesses. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this prestigious Seattle location. Don't miss this chance to secure your ideal workspace in the heart of Seattle.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,649,256
    6.5%
    $18,137,776
    7%
    $16,842,220
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,472,190
    Geo Method
    $13,983,812
  • Alternative Use

    Use
    Valuation
    Residential
    $22,490,842
    Hospitality
    $20,601,490
    Educational
    $17,140,198
    Medical
    $17,729,676
    Retail
    $26,662,530
1401 Jefferson St, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6059
Longitude
-122.314
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
2024
$130,634
$531,500
$670,200
$1,201,700
-
$531,500
$670,200
$1,201,700

FAQs

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