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.
Contact
- Morgan Richey · 1425362-1409 · morgan.richey@nmrk.com
- Morgan Richey · 1425362-1409 · morgan.richey@nmrk.com
- Evan Lugar · 1425362-1403 · evan.lugar@nmrk.com
Explore this market
Similar Industrial Property for Sale in Seattle, WA
- 590 Merlot Dr — $1.3M · Prosser, WA · 6,133 SF
- 2520 Park View St NE, Olympia, WA — Contact for price · Olympia, WA
- 6035 S Adams St — Contact for price · Tacoma, WA
- 71 West Arlington Street — $3.4M · Yakima, WA · 30,640 SF
- 920 South Holgate Street — $850K · Seattle, WA · 1,500 SF
- 7226 South 262nd Street — Contact for price · Kent, WA · 18,231 SF