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Clear-Span Concrete Tilt Warehouse
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19718 144TH AVE NE, Woodinville, WA 98072

Single-tenant concrete tilt, clear-span warehouse with covered outdoor storage and reported 480V electrical capacity.

Property Size16,965 SF
Price / SF$291.78
Days on Market131

Property Features for 19718 144TH AVE NE

General Information

Standard status Active
Size 16,965 SF
Property subtype Industrial

Additional Details

Outdoor Storage Yes
Heavy Power Yes

Building Details

Year Built 1988
Stories 1
Construction concrete tilt
Tenancy Single
Listing Agency: Kidder Mathews Bellevue
Listed By: James Leptich · License #WA
Source: Crexi
Added: Jun 29 Changed: Nov 5 Last Checked: Nov 4 at 1:45PM

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 Kidder Mathews Bellevue

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This single-tenant warehouse features a concrete tilt, clear-span building design. The property also includes approximately 1,700 SF of covered outdoor storage, providing additional space for goods that benefit from protection from the elements. An electrical report indicates the building has approximately 1,200 amps of 480V power (buyer to verify).

Located at 19718 144TH AVE NE in Woodinville, the offering is positioned in the North Woodinville market.

At a reported total size of approximately 16,965 SF, the facility is presented as a sub-20,000 SF opportunity for an owner-user or investor seeking a dedicated warehouse footprint.

Key Highlights

  • 1988‑built single‑tenant concrete tilt, clear‑span warehouse
  • Reported ~1,200 amps of 480V electrical capacity per electrical report (buyer to verify)
  • Includes ~1,700 SF of covered outdoor storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$207,184
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,143,680 $4.1M
Cap Rate 7%
$2,959,771 $3.0M
Cap Rate 9%
$2,302,044 $2.3M
Market Conditions
NOI Build-Up for 16,965 SF
Gross rent
$264.7K $15.60/SF
− Vacancy
−$20.9K −$1.23/SF
EGI
$243.7K $14.37/SF
− OpEx
−$36.6K −$2.16/SF
NOI
$207.2K $12.21/SF
Area
King County, WA
Vacancy
7.90%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,143,680
Cap Rate 7%
$2,959,771
Cap Rate 9%
$2,302,044

Alternative Uses

Best Use
Warehouse
$2.96M
$2.59M – $3.45M (±1% cap)
NOI $207,184 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.79M
$5.95M – $7.93M (±1% cap)
NOI $475,644 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Restaurant Dental Office Real Estate Agency Law Firm Auto Parts Store Hair Salon

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

Single-tenant
Tenancy
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98072, WA

24,939
Population
9,897
Households
2.5
Avg Household Size
41
Median Age
68%
College-Educated
98%
High-School Grad
18.0 sq mi
ZIP Area
1,386
Density / Sq Mi
$174,599
Median Household Income
$90,036
Median Earnings
$2,334
Median Rent
$1,067,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Warehouses in King County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Contract Furniture Services — 14102 NE 189th St, Woodinville, WA 98072
  • Woodinville Heated Storage — 14715 NE North Woodinville Way, Woodinville, WA 98072
  • Public Storage — 14525 NE North Woodinville Way, Woodinville, WA 98072
  • Money Saver Mini Storage — 19011 Woodinville Snohomish Rd, Woodinville, WA 98072
  • Woodinville RV and Boat Storage — 20013 142nd Ave NE, Woodinville, WA 98072

Frequently Asked Questions

What type of property is this?
Warehouse - Single-tenant concrete tilt, clear-span warehouse with covered outdoor storage and reported 480V electrical capacity.
Where is this warehouse located?
The property is located at 19718 144TH AVE NE Woodinville, WA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 1988‑built single‑tenant concrete tilt, clear‑span warehouse; Reported ~1,200 amps of 480V electrical capacity per electrical report (buyer to verify); Includes ~1,700 SF of covered outdoor storage
(253) 722-1400 · Office Call to check price and availability
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