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 Paperhouses 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
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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