Commercial Real Estate in Seattle
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Popular searches around Seattle
Reonomy attracts a large community of Seattle commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
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Seattle commercial real estate sold prices and values
| Values and sold prices (last 24 months) | United States | Colorado | Seattle |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $725,976 | $1,149,187 | -- |
| Median sold price | $133,815 | $344,837 | -- |
| Number of sales | 5,635,317 | 133,656 | -- |
| Number of sales over $250k | 2,061,167 | 77,449 | -- |
| Number of sales over $1m | 413,330 | 15,326 | -- |
| Number of sales over $10m | 57,503 | 2,195 | -- |
| Average total tax amount | $4,860 | $5,069 | $20,606 |
| Average assessed value | $506,147 | $58,819 | $572,000 |
| Average market value | $293,271 | $300,504 | $8,000,000 |
Seattle commercial real estate property averages
| Property averages | United States | Colorado | Seattle |
|---|---|---|---|
| Average lot size | 798,964 sf | 1,540,023 sf | 42,776 sf |
| Median lot size | 23,298 sf | 33,743 sf | 42,776 sf |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1972 | 1984 | -- |
| Average number of units | 18 | 59 | -- |
| Median number of units | 2 | 2 | -- |
Seattle commercial real estate total supply
| Supply | United States | Colorado | Seattle |
|---|---|---|---|
| Number of parcels | 137,754,563 | 952,170 | -- |
| Aggregate lot acerage | 787,778,005 | 23,937,581 | -- |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 108,534,071 | 4,917,500 | -- |
Seattle commercial real estate industrial mortgages
| Debt | United States | Colorado | Seattle |
|---|---|---|---|
| Number of mortgages | 44,618,478 | 832,336 | 2 |
| Average value of mortgages | $5,654,937 | $8,472,505 | $10,170,115 |
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