Warehouse Flex
117 S Scammel St Aberdeen, WA 98520
117 S Scammel St, Aberdeen, WA, 98520
$199,000
For Sale
$199,000
Flexibly zoned building featuring a warehouse unit plus an office, storage, and bathroom room.
Property Size2,750 SF
Price / SF$72.36
Days on Market68
Property Features for 117 S Scammel St
General Information
- Standard status
- Active
- Size
- 2,750 SF
Listing agency
Windermere RE/Aberdeen
(360) 533-6464
Listed by
Travis Jelovich
(360) 533-6464
Source
Exprealty
Added: May 16 Updated: Jul 22 at 10:36AM Checked: Jul 22 at 10:36AM
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 Windermere RE/Aberdeen
Investment Insights
Based on property information with market context.
This commercially zoned building totals over 2,750 square feet and is currently configured as two separate spaces. One portion functions as a warehouse, while the other includes a bathroom room along with office and storage areas.
Additional property on-site may allow for expansion of the building, as well as added parking or storage, depending on the project requirements.
Ideal for buyers seeking a warehouse-flex setup with space that can be used for back-office and storage alongside warehouse operations, with room to grow within the additional land area.
Additional property on-site may allow for expansion of the building, as well as added parking or storage, depending on the project requirements.
Ideal for buyers seeking a warehouse-flex setup with space that can be used for back-office and storage alongside warehouse operations, with room to grow within the additional land area.
Key Highlights
- Commercially zoned building with over 2,750 SF of space
- Currently configured as two spaces: a warehouse area plus an office, storage, and bathroom room
- Includes an additional property that may allow for expansion, parking, or storage
Local Financial Insights For Industrial
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 | $26.1k | $9.48 |
| − Vacancy | −$1.8k | −$0.64 |
| EGI | $24.3k | $8.84 |
| − OpEx | −$7.3k | −$2.65 |
| NOI | $17.0k | $6.18 |
2,750 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$551.6K
$482.6K – $643.5K
NOI $38,610 @ 7.0% cap · market cap 19.40%
Second Best
Flex RnD
$422.9K
$370.0K – $493.4K
NOI $29,601 @ 7.0% cap · market cap 14.87%
Theoretical Best
Office A
$758.1K
$663.3K – $884.4K
NOI $53,064 @ 7.0% cap · market cap 26.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flexibly zoned building featuring a warehouse unit plus an office, storage, and bathroom room.
Where is this flex space located?
The property is located at 117 S Scammel St Aberdeen, WA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Commercially zoned building with over 2,750 SF of space; Currently configured as two spaces: a warehouse area plus an office, storage, and bathroom room; Includes an additional property that may allow for expansion, parking, or storage
