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    26119-26135 Calvary Ln NE Kingston, WA 98346

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    For Sale
    $5,135,000

    Five light-industrial warehouses and three pre-approved development lots for sale.

    Property size:
    33,050 SF
    Lot size:
    5.17 Acres

    Property Features for 26119-26135 Calvary Ln NE

    General Information

    Size
    33,050 SF
    Lot size
    5.17 Acres

    Source: Windermere Commercial / ERES Agent Kelly Muldrow, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Light-Industrial Warehouses & Land Parcels

    This investment opportunity features five light-industrial warehouse buildings and three undeveloped lots located in the Arbor Business Park. The five buildings, encompassing 33,050 square feet, currently generate an NOI of $307,000 at a CAP rate of 6.88%. The three vacant lots are fully serviced and pre-approved for development. The project has received awards for its construction and environmentally-friendly building methods and materials. Arbor Business Park designates each building and lot with its own tax parcel, allowing a buyer to sell individual buildings or lots. This flexibility allows an owner/user to expand as needed and enables an investor to tailor new construction for a future long-term user. Situated approximately 12 minutes from both Kingston and Poulsbo, the property benefits from convenient access to major regional transportation routes in North Kitsap County. This location offers infrastructure to support investment goals.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath HVAC Service Storage Facility Garden Center

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

    Similar Places Nearby

    United Business Park & Storage, Kingston Vault Self Storage, Minder Storage

    Location Insight

    • Map
    • Local Demand
    City
    Kingston
    County
    Kitsap
    State
    Washington
    Longitude
    -122.5787399
    Latitude
    47.80147

    Nearby Similar for Sale

    • $875,000

      Kingston Commercial Building - Prime Location

      Updated Commercial Space in Downtown Kingston
      11212 State Highway 104, Kingston, WA 98346
      View Details

    FAQs

    What type of property is this?
    Warehouse - Five light-industrial warehouses and three pre-approved development lots for sale.
    Where is this warehouse located?
    The property is located at 26119-26135 Calvary Ln NE Kingston, WA.
    What is the asking price?
    The asking price for this property is $5,135,000.
    What are key features of this property?
    This property features: - Significant income potential with existing buildings producing an NOI of $307,000 at a 6.88% CAP rate.; - Three fully serviced and pre-approved vacant lots offer immediate development opportunities.; - Flexibility to sell buildings or lots individually due to the binding site plan.
    (206) 949-3420
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    26119-26135 Calvary Ln NE Kingston, WA 98346
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26119-26135 Calvary Ln NE Kingston, WA 98346
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