Flex/Industrial Development
12714 Aurora Ave N Seattle, WA 98133
12714 Aurora Ave N, Seattle, WA, 98133
Contact for pricing
For Sale
Contact for pricing
Pending
For-sale flex/industrial site with strong exposure along Aurora Ave N and titled easement access from N 128th.
Property Size7,456 SF
Days on Market400
Property Features for 12714 Aurora Ave N
General Information
- Standard status
- Pending
- Size
- 7,456 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1948
Listing agency
Sound Commercial Group, Inc.
(206) 579-8812
Listed by
Bud Kopp · License #WA SA032307000
Source
Crexi
Added: Jun 18, 2025 Updated: Jul 22 at 1:32AM Checked: Jul 22 at 11:40AM
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 Sound Commercial Group, Inc.
Investment Insights
Based on property information with market context.
This for-sale flex/industrial property is positioned as an owner-user, investment, or development site. The offering is noted as being presented by a motivated seller, with preliminary title information available from First American.
The property has great exposure along Aurora Ave N and access from N 128th via a titled easement. This configuration supports a practical approach for businesses or redevelopments that require dependable site ingress/egress.
While specific building or unit details are not provided in the public remarks, the asset is marketed as a versatile flex/industrial/commercial real estate site suitable for multiple acquisition objectives.
The property has great exposure along Aurora Ave N and access from N 128th via a titled easement. This configuration supports a practical approach for businesses or redevelopments that require dependable site ingress/egress.
While specific building or unit details are not provided in the public remarks, the asset is marketed as a versatile flex/industrial/commercial real estate site suitable for multiple acquisition objectives.
Key Highlights
- Year Built: 1948
- Flex/industrial site with strong exposure along Aurora Ave N
- Access from N 128th via a titled easement
Local Financial Insights For Retail
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 | $194.2k | $26.04 |
| − Vacancy | −$5.8k | −$0.78 |
| EGI | $188.3k | $25.26 |
| − OpEx | −$56.5k | −$7.58 |
| NOI | $131.8k | $17.68 |
7,456 SF · lease $26.04/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.88M
$1.65M – $2.20M
NOI $131,831 @ 7.0% cap · market cap 8.27%
Second Best
Flex RnD
$1.37M
$1.20M – $1.60M
NOI $95,784 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,598 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Anderson's Door Company
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- Jackiesue’s Catering & Event Planning Services — 14009 Greenwood Ave N, Seattle, WA 98133
- Kottu — 1310 N 131st St, Seattle, WA 98133
- Pacific Northwest Catering — 747 N 135th St, Seattle, WA 98133
FAQs
What type of property is this?
Flex space - For-sale flex/industrial site with strong exposure along Aurora Ave N and titled easement access from N 128th.
Where is this flex space located?
The property is located at 12714 Aurora Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Year Built: 1948; Flex/industrial site with strong exposure along Aurora Ave N; Access from N 128th via a titled easement
