Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    12833 Newcastle Way Newcastle, WA 98056

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr ($3,283 /Mo)

    Street-level retail space with high visibility and parking.

    Property size:
    1,576 SF
    Lot size:
    0.94 Acres

    Property Features for 12833 Newcastle Way

    General Information

    Size
    1,576 SF
    Lot size
    0.94 Acres

    Source: Gibraltar, LLC Agent Laura Miller

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

    Overview

    Retail Space in Newport Hills

    This highly coveted retail space is located in the Coal Creek/Newport Hills area, situated on the street level of Tria Apartments, a 76-unit residential community. The space features high visibility, large storefront windows, and tall ceilings. There is an excellent signage opportunity available. The property includes 7 parking stalls designated for retail use. The space may be able to accommodate take-out food concepts that do not require seating, but it does not have a type 1 hood. The property has a size of 1576 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newcastle
    County
    King
    State
    Washington
    Longitude
    -122.16929
    Latitude
    47.53903

    Nearby Similar for Lease

    • $50 SF/Yr
      1,726 SF

      Newcastle Retail Space Available

      Retail space available for lease in Newcastle, Washington.
      6917-6985 Coal Creek Pkwy SE, Newcastle, WA 98059
      View Details

    FAQs

    What type of property is this?
    Retail space - Street-level retail space with high visibility and parking.
    Where is this retail space located?
    The property is located at 12833 Newcastle Way Newcastle, WA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location at street-level of Tria Apartments (76 units); - Excellent signage opportunity to draw in customers.; - Large storefront windows and tall ceilings create an inviting space.
    (206) 351-3573
    Request Owner's contact information
    12833 Newcastle Way Newcastle, WA 98056
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12833 Newcastle Way
    Newcastle, WA 98056
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12833 Newcastle Way Newcastle, WA 98056
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.