Industrial Property for Sale in Seattle, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Seattle, WA 98134
  • Size: 4,920 SF

Description

Discover a prime investment opportunity in the heart of Seattle, WA. This impressive 4,920 SF industrial property, constructed in 2010, offers a strategic location for warehouse and distribution operations. Zoned MML-U/85, the premises provide ample flexibility for a range of industrial activities. With its modern construction and convenient access in the thriving Seattle area, the property is primed for future growth and success. Whether you're expanding your portfolio or seeking a new venture, this meticulously maintained facility presents an exceptional foundation for industrial investment in a dynamic and sought-after market.

Market Context

This industrial in Seattle, WA is listed for sale across 4,920 SF. It has been on the market for 21 days. Compare it against other industrial listings for sale in Seattle, WA — <a href="/search/sale/industrial/washington/seattle">view the full market</a>.

As of Q4 2024, the Seattle / Bellevue industrial market showed a 9.7% vacancy rate, average asking rents near $12.84/SF/yr, rents up 9.1% year over year, and cap rates around 5.2%. Source: Consensus Q4 2024 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Seattle / Bellevue?
About 5.2% as of Q4 2024, per Consensus.
Is the Seattle / Bellevue industrial market tightening or softening?
Vacancy is around 9.7%, with asking rents rising year over year (Q4 2024).

Unified Estimate

Medium Confidence

$10.91/SF – $14.77/SF

Mid: $12.84/SF

Total estimate for 4,920 SF: $63,173

Rate estimator only; cost-of-business estimate unavailable.

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