Warehouse with Dock
17300 W Valley Hwy Tukwila, WA 98188
For Sale
Contact for pricing
Updated warehouse includes a dock platform and outside storage on a large land parcel with major highway access.
Property Size21,025 SF
Lot Size1.61 Acres
Price / SF$423.31
Days on Market53
Property Features for 17300 W Valley Hwy
General Information
Standard status
Active
Size
21,025 SF
Lot size
1.61 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Newmark
(425) 362-1410
Listed By:
Thad Mallory, SIOR
(425) 362-1410
Source:
Moodyscre
Added: Jun 8
Changed: Jul 26
Last Checked: Jul 29 at 2:45PM
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 Newmark
Investment Insights
Based on property information with market context.
This updated warehouse totals 21,025 square feet within a 70,132 square foot land parcel. The building includes a dock platform loading area and outside storage, supporting flexible logistics and distribution operations.
The property provides exposure to West Valley Highway and offers immediate access to I-405, I-5, and SR-167, making it convenient for regional connectivity.
The site configuration combines indoor warehouse space with dedicated outside storage to accommodate time-sensitive staging and material handling needs.
The property provides exposure to West Valley Highway and offers immediate access to I-405, I-5, and SR-167, making it convenient for regional connectivity.
The site configuration combines indoor warehouse space with dedicated outside storage to accommodate time-sensitive staging and material handling needs.
Key Highlights
- 21,025 SF building on 70,132 SF of land
- Updated warehouse with dock platform loading
- Outside storage included
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 | $328.0k | $15.60 |
| − Vacancy | −$25.9k | −$1.23 |
| EGI | $302.1k | $14.37 |
| − OpEx | −$45.3k | −$2.16 |
| NOI | $256.8k | $12.21 |
21,025 SF · lease $15.60/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.67M
$3.21M – $4.28M
NOI $256,767 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.42M
$7.37M – $9.82M
NOI $589,474 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Public Storage — 7421 S 180th St, Kent, WA 98032
- Bounce Luggage Storage - Sea-Tac — 515 industry dr, seattle, wa 98188
- Bounce Luggage Storage - Sea-Tac Airport — 515 Industry Dr, Seattle, WA 98188
- All Service Moving Tukwila — 551 Strander Blvd, Seattle, WA 98188
- All My Sons Moving & Storage — 565 Andover Park W # 101, Tukwila, WA 98188
Frequently Asked Questions
What type of property is this?
Warehouse - Updated warehouse includes a dock platform and outside storage on a large land parcel with major highway access.
Where is this warehouse located?
The property is located at 17300 W Valley Hwy Tukwila, WA.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: 21,025 SF building on 70,132 SF of land; Updated warehouse with dock platform loading; Outside storage included