534 5Th AveSequim, WA 98382

Property Details for 534 5Th Ave

Year built

2007

Property size (Sq ft)

1,228 SF

Property type

Office properties

Property subtype

Other office properties

APN

330196500603070

APU

330196500603070

Description

This exceptional 1,228-square-foot office space is located at 534 N 5th Ave, Unit 7, Sequim, WA 98382, within the 5th Avenue Professional Plaza. Built in 2007, this single-tenant space is situated in a vibrant Lifestyle District zoning area and offers a blend of functionality and convenience. The property features a shared lobby and bathrooms, multiple individual offices, a dedicated storage room, and a comfortable employee lounge complete with a sink and dishwasher. High-speed internet access is readily available. Ample parking is provided for tenants and clients, and the building allows for exterior signage. The two-story building is served by Clallam County PUD power and includes elevators. The property's location on a highly trafficked road ensures excellent visibility and accessibility. Its proximity to Olympic Medical Center (OMC) and Jamestown medical facilities makes it particularly attractive for medical practices. The property's APN is 0330196500603070. Cross street is Fir St. This versatile space is perfect for a variety of professional uses, offering a combination of modern amenities and a strategic location in the heart of Sequim.

• CAP approach

  CAP return

  Valuation

  6%

  $331,234

  6.5%

  $305,755

  7%

  $283,915

• Comparable approach

  Method

  Valuation

  Relative Method

  $373,279

  Geo Method

  $236,488

• Alternative Use

  Use

  Valuation

  Residential

  $379,136

  Hospitality

  $347,286

  Educational

  $288,938

  Medical

  $298,875

  Retail

  $449,460

Location Insight

City

Sequim

County

Clallam

State

Washington

Latitude

48.0839

Longitude

-123.112

CBSA code

38820

CBSA name

PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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