Industrial Warehouse with Heavy
For Sale
$1,925,000
21110 67th Ave NE, Arlington, WA 98223
Light industrial warehouse with 20+/- clear height, 400-amp service, and 3-phase power for operations needing capacity.
Property Size7,200 SF
Lot Size0.58 Acres
Price / SF$267.36
Days on Market140
Property Features for 21110 67th Ave NE
General Information
Standard status
Active
Size
7,200 SF
Total Parking Spaces
7
Lot size
0.58 Acres
Property subtype
Industrial
Zoning
NC
Warehouse & Industrial
Clear Height
20 ft
Heavy Power
Yes
Listing Agency:
NAI Puget Sound Properties
Listed By:
Blake Stedman · License #WA2495
(425) 652-1722
Source:
Nai-psp
Added: Jun 9
Changed: Oct 25
Last Checked: Oct 26 at 1:03PM
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
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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.
Bolser Industrial Warehouse is an industrial facility well suited for light industrial uses. The building is configured with 20’+/- clear height and provides heavy electrical capacity including 400 amps and 3-phase power. The site includes 7 dedicated parking spaces, supporting daily employee and customer access. The property is located on a 0.58-acre lot.
Access and visibility are part of the property’s appeal, with good visibility and access called out in the available materials. The surrounding area is described as a mix of nearby major national retailers, essential service providers, and local small businesses, which can help support a variety of industrial and automotive-oriented operations.
For tenants or owner-users, the combination of practical warehouse height and heavy electrical service supports light industrial and related uses that require reliable power and straightforward on-site parking. Its configuration also makes it a workable option for an owner-operator looking for an industrial warehouse setup on a defined lot with dedicated parking.
Access and visibility are part of the property’s appeal, with good visibility and access called out in the available materials. The surrounding area is described as a mix of nearby major national retailers, essential service providers, and local small businesses, which can help support a variety of industrial and automotive-oriented operations.
For tenants or owner-users, the combination of practical warehouse height and heavy electrical service supports light industrial and related uses that require reliable power and straightforward on-site parking. Its configuration also makes it a workable option for an owner-operator looking for an industrial warehouse setup on a defined lot with dedicated parking.
Key Highlights
- 7,200 SF light industrial warehouse available on a 0.58 AC lot
- 20'+/- clear height for overhead storage or light industrial operations
- 400 amps and 3‑phase heavy power for higher‑capacity electrical needs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,033
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,820,660
$1.8M
Cap Rate 7%
$1,300,471
$1.3M
Cap Rate 9%
$1,011,478
$1.0M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$114.9K $15.96/SF
− Vacancy
−$7.8K −$1.09/SF
EGI
$107.1K $14.87/SF
− OpEx
−$16.1K −$2.23/SF
NOI
$91.0K $12.64/SF
Area
Snohomish County, WA
Vacancy
6.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,820,660
Cap Rate 7%
$1,300,471
Cap Rate 9%
$1,011,478
Alternative Uses
Best Use
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,033 @ 7.0% cap · market cap 4.73%
Second Best
Industrial
$999.0K
$874.1K – $1.17M
NOI $69,930 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,557 @ 7.0% cap · market cap 7.30%
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
Lease Details
20 ft
Clear height
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98223, WA
45,139
Population
18,224
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
316.2 sq mi
ZIP Area
143
Density / Sq Mi
$96,478
Median Household Income
$52,487
Median Earnings
$1,780
Median Rent
$556,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Arlington Self Storage — 20404 67th Ave NE C, Arlington, WA 98223
- Money Saver Mini Storage — 20902 67th Ave NE, Arlington, WA 98223
- North Star Cold Storage — 210 S W Ave, Arlington, WA 98223
- Nannybag Luggage Storage — 103 E 3rd St, Arlington, WA 98223
Frequently Asked Questions
What type of property is this?
Warehouse - Light industrial warehouse with 20+/- clear height, 400-amp service, and 3-phase power for operations needing capacity.
Where is this warehouse located?
The property is located at 21110 67th Ave NE Arlington, WA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 7,200 SF light industrial warehouse available on a 0.58 AC lot; 20'+/- clear height for overhead storage or light industrial operations; 400 amps and 3‑phase heavy power for higher‑capacity electrical needs
