Seattle

Central Business District

  • 8,722 sf site, triangular in shape
  • 47 total stalls, 25 at surface and 22 underground

For City of Seattle

Westlake & Lenora Site
Surface Lot with Single Level of Underground Parking

Appraisal of parking lot, currently leased to rental car agency. Appraisal conducted to assist the City of Seattle in purchase negotiations.

Seattle

Central Business District

  • 8,722 sf site, triangular in shape
  • 47 total stalls, 25 at surface and 22 underground

For City of Seattle

Seattle

First Hill, near downtown Seattle

  • 119 stalls
  • 13,482 sf site

For Key Bank

Broadway Landings Parking Garage
Three-Story Parking Garage

Parking garage currently under contract to sell. Buyer plans to install electronic equipment and change configuration from a 136 stall garage with an attendant on main level to an unmanned 119 stall garage. Property was valued using the Sale Comparison and Income Approaches. Determination of Highest and Best Use for the site included zoning analysis; an examination of land sale comparisons; and a survey of recent development on similar sites in the neighborhood.

Seattle

First Hill, near downtown Seattle

  • 119 stalls
  • 13,482 sf site

For Key Bank

Seattle

Denny Triangle

  • 18,000 sf site
  • Zoned DMC 240/290-400

Appraised for Estate Settlement Purposes

 

Minor Avenue Parking Lot
Site in Permitting Process for Development

Appraisal of a mid-block lot encumbered by a long term ground lease. This property is currently in the permitting process for a 40-story residential tower with below-grade parking and ground level retail. The Income Approach was used to estimate the value of the Leased Fee Interest. The Fee Simple Interest was also estimated, and used as a component in a Discounted Cash Flow Analysis.

Seattle

Denny Triangle

  • 18,000 sf site
  • Zoned DMC 240/290-400

Appraised for Estate Settlement Purposes