Industrial Warehouse with Heavy
21110 67th Ave NE Arlington, WA 98223
21110 67th Ave NE, Arlington, WA, 98223
$1,925,000
For Sale
$1,925,000
Light industrial warehouse with 20+/- clear height, 400-amp service, and 3-phase power for operations needing capacity.
Property Size7,200 SF
Lot Size0.58 Acres
Price / SF$267.36
Days on Market42
Property Features for 21110 67th Ave NE
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.58 Acres
- Property subtype
- Industrial
Listing Agency
NAI Puget Sound Properties
(425) 652-1722
Listed by
Blake Stedman · License #WA2495
(425) 652-1722
Source
Nai-psp
Added: Jun 9 Updated: Jul 10 at 1:55 pm Checked: Jul 19 at 4:32 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 NAI Puget Sound Properties
Investment Insights
Based on property information with market context.
Bolser Industrial Warehouse is an industrial facility well suited for light industrial uses. The building is configured with 20’+/- clear height and provides heavy electrical capacity including 400 amps and 3-phase power. The site includes 7 dedicated parking spaces, supporting daily employee and customer access. The property is located on a 0.58-acre lot.
Access and visibility are part of the property’s appeal, with good visibility and access called out in the available materials. The surrounding area is described as a mix of nearby major national retailers, essential service providers, and local small businesses, which can help support a variety of industrial and automotive-oriented operations.
For tenants or owner-users, the combination of practical warehouse height and heavy electrical service supports light industrial and related uses that require reliable power and straightforward on-site parking. Its configuration also makes it a workable option for an owner-operator looking for an industrial warehouse setup on a defined lot with dedicated parking.
Access and visibility are part of the property’s appeal, with good visibility and access called out in the available materials. The surrounding area is described as a mix of nearby major national retailers, essential service providers, and local small businesses, which can help support a variety of industrial and automotive-oriented operations.
For tenants or owner-users, the combination of practical warehouse height and heavy electrical service supports light industrial and related uses that require reliable power and straightforward on-site parking. Its configuration also makes it a workable option for an owner-operator looking for an industrial warehouse setup on a defined lot with dedicated parking.
Key Highlights
- 7,200 SF light industrial warehouse available on a 0.58 AC lot
- 20'+/- clear height for overhead storage or light industrial operations
- 400 amps and 3‑phase heavy power for higher‑capacity electrical needs
Local Financial Insights For Warehouse
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 | $114.9k | $15.96 |
| − Vacancy | −$7.8k | −$1.09 |
| EGI | $107.1k | $14.87 |
| − OpEx | −$16.1k | −$2.23 |
| NOI | $91.0k | $12.64 |
7,200 SF · lease $15.96/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,033 @ 7.0% cap · market cap 4.73%
Second Best
Industrial
$999.0K
$874.1K – $1.17M
NOI $69,930 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,557 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
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- North Star Cold Storage — 210 S W Ave, Arlington, WA 98223
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- Nannybag Luggage Storage — 103 E 3rd St, Arlington, WA 98223
- Money Saver Mini Storage — 20902 67th Ave NE, Arlington, WA 98223
FAQs
What type of property is this?
Warehouse - Light industrial warehouse with 20+/- clear height, 400-amp service, and 3-phase power for operations needing capacity.
Where is this warehouse located?
The property is located at 21110 67th Ave NE Arlington, WA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 7,200 SF light industrial warehouse available on a 0.58 AC lot; 20'+/- clear height for overhead storage or light industrial operations; 400 amps and 3‑phase heavy power for higher‑capacity electrical needs
