2033 1st Ave, Seattle, WA 98121

Office · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: high-rise office, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 957 reachable office buildings in Seattle. Larger than 91% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 354,086 SF, King County Assessor
Lot size: 17,392 SF, King County Assessor
Year built: 1988, King County Assessor
Stories: 13, King County Assessor
Predominant use: Ofc Bldg, King County Assessor
Assessed value: $46,734,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $131.98/SF, derived from assessor records
Lot coverage: 2036%, derived from assessor records
Vintage: 1980s vintage
Zoning: PMM-85, King County
County use code: Office Building
Construction (observed): steel glass, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

2030 1st Ave, Seattle · 0 mi · 39,202 SF · built 1918 · assessed $273.10/SF
1932 1st Ave, Seattle · 0.1 mi · 102,846 SF · built 1923 · assessed $182.62/SF
2001 Western Ave, Seattle · 0.1 mi · 276,685 SF · built 1981 · assessed $162.76/SF
120 Lenora St, Seattle · 0.1 mi · 193,500 SF · built 1985 · assessed $173.52/SF
1931 2nd Ave, Seattle · 0.1 mi · 24,300 SF · built 1916 · assessed $186.47/SF
1917 1st Ave, Seattle · 0.1 mi · 36,160 SF · built 1910 · assessed $210.96/SF

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Sale history and market context

MakeMe Estimate: $46,764,755 (estimated market value), with a likely range of $42,263,747 to $60,932,262 (half of recent verified sales in this segment landed inside that range). Based on 12 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Current ownership dates to 2004 (about 22 years) per recorded transfers.

2009-06-22: transfer from Prisa Acquisition LLC to Prisa Market Place Tower Wa LLC % Prei Law Dept (part of a 2-parcel sale; price is the whole deal), rec. 20090622002162

2004-06-25: $44,000,000 from Connecticut General Life Insurance Company to Prisa Acquisition LLC (part of a 2-parcel sale; price is the whole deal), rec.

1995-08-25: $24,442,430 from Market Place Tower Associates to Connecticut Mutual Life Insurance CO (part of a 2-parcel sale; price is the whole deal), rec. 199509060857

1993-11-01: transfer from Market Place Tower Associates to Market Place Tower Associates (non-market transfer), rec. 199311021253

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $43,233,000 (2011) to $46,734,000 (2026), up 8% over 15 years, per county tax rolls. The 2026 roll splits $46,734,000 into $8,522,000 land and $38,212,000 improvements.

Zoning: PMM-85 (per King County)

Lot: 17,392 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Office Building 199,391 SF; Underground Parking Structure 149,326 SF; Retail Store 5,369 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2025-07-31: Remodel, declared value $50,000, permit 7099300-CN

2020-01-24: Remodel, declared value $300,000 (Complete), permit 6743649-CN

2018-07-31: Remodel, declared value $609,830 (Screened), permit 6627015-CN

2010-05-11: Remodel, declared value $250,000 (Complete), permit 6241363

2009-07-20: Remodel, declared value $1,453,590 (Complete), permit 6205231

2008-05-30: Remodel, declared value $50,000 (Complete), permit 6130001

2007-04-24: Remodel, declared value $40,000 (Complete), permit 6065709

2006-02-15: Remodel, declared value $100,000 (Complete), permit 6069647

2005-12-08: Remodel, declared value $325,034 (Complete), permit 6079333

2005-06-21: Remodel, declared value $80,000 (Complete), permit 751447

Source: King County permit records (newest first).