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Manufacturing Facility with Paint Booth
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17000 W Valley Hwy, Tukwila, WA 98188

Industrial facility with operational paint booth, 16’ clearance, and a 1-grade-level door plus fenced, secured site.

Property Size9,800 SF
Price / SF$316.33
Days on Market117

Property Features for 17000 W Valley Hwy

General Information

Standard status Active
Size 9,800 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Fenced Yard Yes

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 1
Listing Agency: NAI Puget Sound Properties
Listed By: Jeff Forsberg, CCIM
Source: Moodyscre
Added: Jun 12 Changed: Oct 6 Last Checked: Oct 5 at 8:30PM

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.

This manufacturing/industrial facility offers approximately 9,800 square feet of industrial space with 1,200 square feet of office/showroom. The building includes one grade level door and 16’ clearance. A permitted paint booth is installed and operational, supporting paint-related operations on-site.

The site provides exposure off W. Valley Hwy and immediate freeway access. The property is fenced and secured.

The current configuration combines dedicated office/showroom space with functional industrial improvements, including the operational paint booth and the existing high-clearance interior for workflow flexibility.

Key Highlights

  • 9,800 SF industrial facility with 1,200 SF office/showroom
  • Permitted paint booth installed and operational
  • 16’ clearance in the industrial area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$98,562
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,971,240 $2.0M
Cap Rate 7%
$1,408,029 $1.4M
Cap Rate 9%
$1,095,133 $1.1M
Market Conditions
NOI Build-Up for 9,800 SF
Gross rent
$152.9K $15.60/SF
− Vacancy
−$12.1K −$1.23/SF
EGI
$140.8K $14.37/SF
− OpEx
−$42.2K −$4.31/SF
NOI
$98.6K $10.06/SF
Area
King County, WA
Vacancy
7.90%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,971,240
Cap Rate 7%
$1,408,029
Cap Rate 9%
$1,095,133

Alternative Uses

Best Use
Industrial
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,562 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.93M
$3.43M – $4.58M (±1% cap)
NOI $274,761 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Fish Market Acupuncture Pet 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.

Lease Details

16 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,120
Businesses Nearby

Demographics for 98188, WA

27,851
Population
12,025
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
3,438
Density / Sq Mi
$76,559
Median Household Income
$45,245
Median Earnings
$1,641
Median Rent
$452,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial facility with operational paint booth, 16’ clearance, and a 1-grade-level door plus fenced, secured site.
Where is this manufacturing property located?
The property is located at 17000 W Valley Hwy Tukwila, WA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 9,800 SF industrial facility with 1,200 SF office/showroom; Permitted paint booth installed and operational; 16’ clearance in the industrial area
(425) 586-5610 Call to check price and availability
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