Industrial Property for Sale in Seattle, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Seattle, WA 98107
  • Size: 6,540 SF

Description

Introducing a prime opportunity for Industrial/Manufacturing investors: 653 NW 41st St, Seattle, WA, 98107. This 6,540 SF building is perfectly positioned in the Seattle area, offering ample space for industrial and manufacturing operations. The property boasts a strategic location and versatile layout, ideal for businesses seeking a state-of-the-art facility. With robust infrastructure and room for expansion, this property presents a compelling opportunity for investors looking to capitalize on the thriving industrial sector in the Seattle area.

Market Context

This industrial in Seattle, WA is listed for sale across 6,540 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 6,540 SF: $83,974

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

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