Listing Agency: Newmark t***@nmrk.com Show Phone

Listed By: Thad Mallory, SIOR Show Phone

Source: Moodyscre

Added: Feb 2, 2023 Changed: Aug 8 Last Checked: Aug 16 at 9:02AM

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Investment Insights

Based on property information with market context.

Standalone warehouse on a 2.62-acre site with a new roof and recent cosmetic upgrades. The building features upgraded T5 lighting and perimeter lighting.

The property has 1st Avenue frontage and includes fenced and secured parking with abundant on-site parking, totaling 117 auto stalls.

Zoning is IG2-U85. The overall site is supported by on-site perimeter lighting to help define the secured yard area.

Key Highlights

• Standalone warehouse on a 2.62‑acre site
• IG2‑U85 zoning and 1st Avenue frontage
• Abundant parking with 117 auto stalls plus fenced, secured parking

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Nail Salon Grocery & Convenience Store Locksmith Pet Store Pet Store & Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,295

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 98108, WA

25,009

Population

9,096

Households

2.7

Avg Household Size

37

Median Age

37%

College-Educated

83%

High-School Grad

7.4 sq mi

ZIP Area

3,380

Density / Sq Mi

$90,806

Median Household Income

$48,703

Median Earnings

$1,463

Median Rent

$693,500

Median Home Value

Market

Vacancy Rate% for Industrial in Seattle, WA

3.6% 2019

5.2% 2020

4.3% 2021

2.9% 2022

5.3% 2023

7.4% 2024

9.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Standalone warehouse on a 2.62-acre site with fenced, secured parking and upgraded T5 lighting.

Where is this warehouse located?

The property is located at 5900 1st Ave S Seattle, WA.

What are key features of this property?

This property features: Standalone warehouse on a 2.62‑acre site; IG2‑U85 zoning and 1st Avenue frontage; Abundant parking with 117 auto stalls plus fenced, secured parking