4300 Roosevelt WaySeattle, WA 98105

  • Office properties
  • 220,649 SF
For Lease

Property Details for 4300 Roosevelt Way

Year built
2002
Construction
CONCRETE
Lot size
0.83 AC
Property size (Sq ft)
220,649 SF
Zone code
SM-U 95-320 (M1)
Property type
Office properties
Property subtype
Office buildings
APN
114200-0550
APU
1142000550

Description

This exceptional office property, Roosevelt Commons - West Building, presents a unique opportunity in Seattle's vibrant University District. Located at 4300 Roosevelt Way NE, zip code 98105, King County, Washington, this two-building complex offers a range of traditional, executive, and creative office spaces. Currently, six individual suites are available, ranging in size from 1,642 to 33,535 square feet, catering to businesses of all sizes. The property boasts modern architecture and state-of-the-art amenities, creating a collaborative and inspiring work environment. Its prime location provides easy access to public transportation, diverse dining options, and retail establishments, all within a lively neighborhood that blends urban energy with nearby green spaces. The proximity to the University of Washington further enhances its appeal, making it an ideal location for businesses seeking a dynamic and innovative setting. This is an excellent opportunity to establish or expand your business in a thriving Seattle community. The property's multiple tenancy structure offers flexibility and adaptability for various business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $59,708,164
    6.5%
    $55,115,228
    7%
    $51,178,424
  • Comparable approach

    Method
    Valuation
    Relative Method
    $59,170,108
    Geo Method
    $42,492,584
  • Alternative Use

    Use
    Valuation
    Residential
    $68,342,880
    Hospitality
    $62,601,712
    Educational
    $52,083,888
    Medical
    $53,875,136
    Retail
    $81,019,384
4300 Roosevelt Way, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6604
Longitude
-122.317
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
-
-
-
-
-
-
-
-

FAQs

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