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    28009 Covington Way SE Covington, WA 98042

    For Lease
    Contact for pricing

    247,409 SF industrial building with excellent highway access.

    Property size:
    247,409 SF
    Lot size:
    20.47 Acres

    Property Features for 28009 Covington Way SE

    General Information

    Size
    247,409 SF
    Lot size
    20.47 Acres

    Source: KBC Advisors WA. Agent Matt Wood

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

    Overview

    Class A Industrial Building

    This Class A industrial building offers approximately 247,409 square feet of total space with build-to-suit office options. The building features a 36-foot clear height, 41 dock-high doors, and 5 grade-level doors. It is equipped with 3,000 amps of 3-phase power and ESFR sprinklers. There are 255 car parking stalls and 200 trailer stalls available. The site offers the ability to be secured and provides excellent access to Highway 18 and the Kent Valley. The property is strategically located between the Port of Seattle and the Port of Tacoma.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Covington Mini Storage, Shady Park Boat & RV Storage, Aall Self Storage, Virtual Box Storage Facility, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    King
    State
    Washington
    Longitude
    -122.1267068
    Latitude
    47.3509706

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    FAQs

    What type of property is this?
    Warehouse - 247,409 SF industrial building with excellent highway access.
    Where is this warehouse located?
    The property is located at 28009 Covington Way SE Covington, WA.
    What are key features of this property?
    This property features: - Strategically located between Port of Seattle & Port of Tacoma; - Excellent access to Hwy 18/Kent Valley; - ±247,409 SF total with BTS office
    (206) 595-6814
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    28009 Covington Way SE Covington, WA 98042
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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
    28009 Covington Way SE Covington, WA 98042
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