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Harbour Pointe Industrial Building

10727 47th Pl W Mukilteo, WA 98275

10727 47th Pl W, Mukilteo, WA, 98275
$4,500,000
For Sale
$4,500,000

High-image industrial building with office space and loading docks.

Property Size16,182 SF
Price / SF$278.09
Days on Market186

Property Features for 10727 47th Pl W

General Information

Standard status
Active
Size
16,182 SF
Property subtype
Commercial

Building Details

Year Built
2007
Listing Agency KIDDER MATHEWS
Listed by MATTHEW HENN
Source Corcoran
Added: Jan 14 Checked: Jul 19 at 4:43 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KIDDER MATHEWS


Investment Insights

Based on property information with market context.

This high-image industrial building is located in Harbour Pointe and offers a total of 16,182 square feet, including 5,824 square feet of office space. The property features both dock and grade-level loading capabilities, a 24-foot clear height, and heavy power. This property is suitable for industrial and commercial real estate purposes.

Key Highlights

  • High image industrial building in Harbour Pointe
  • 16,182 total square feet
  • Features 5,824 square feet of office space

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $442.7k $27.36
− Vacancy −$58.4k −$3.61
EGI $384.3k $23.75
− OpEx −$96.1k −$5.94
NOI $288.2k $17.81
16,182 SF · lease $27.36/SF/yr · vacancy 13.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.12M
$3.60M – $4.80M (±1% cap)
NOI $288,223 @ 7.0% cap · market cap 6.40%
Second Best
Warehouse
$2.92M
$2.56M – $3.41M (±1% cap)
NOI $204,597 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$4.51M
$3.95M – $5.27M (±1% cap)
NOI $315,902 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Applied Aero Systems Corporate Office

Suggested Use

Law Firm Auto Parts Store Real Estate Agency Electrical Service Parking Lot & Garage Grocery & Convenience Store Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - High-image industrial building with office space and loading docks.
Where is this flex space located?
The property is located at 10727 47th Pl W Mukilteo, WA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: High image industrial building in Harbour Pointe; 16,182 total square feet; Features 5,824 square feet of office space
Contact an agent
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