Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    21520 30th Drive Southeast Bothell, WA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    38,411 SF warehouse space for rent in Bothell, WA.

    Type:INDUSTRIAL
    Property size:
    38,411 SF
    Lot size:
    13.89 Acres
    Added:
    Apr 1, 2025
    Days on Market:
    402
    Last Refresh:
    Apr 5 at 8:29 pm

    Property Features for 21520 30th Drive Southeast

    General Information

    Standard status
    Active
    Size
    38,411 SF
    Lot size
    13.89 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 21520 30th Drive Southeast Contact us

    We can help!

    Listing Contact
    Joe Lynch

    Listing agent Joe Lynch

    Listing office Newmark

    Listing date Apr 1, 2025

    Source Moodyscre

    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

    HighLights

    • 38,411 SF warehouse space available for rent.
    • Located in Bothell, WA.
    • Large square footage makes this commercial property ideal for various uses.
    • Warehouse space.

    Overview

    Bothell Warehouse Space Available

    This property offers 38,411 square feet of warehouse space and is located in Bothell, Washington.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ADP ES Tech ... Business Management Consultant SteelWave | Highlands Real Estate Agency Performance Software (Bike/Boat/Book/etc) Store Ella's Deli Food Market Seagen Building 7 Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • North Creek Self Storage — 1627 208th St SE, Bothell, WA 98012
    • StorQuest Self Storage — 21008 Bothell Everett Hwy, Bothell, WA 98021
    • Neighbor Monthly Parking — 21623 16th Dr SE, Bothell, WA 98021

    Location Insight

    • Map
    • Local Demand
    City
    Bothell
    County
    Snohomish
    State
    Washington
    Longitude
    -122.196
    Latitude
    47.8032

    Nearby Similar for Sale

    • $12,775,000
      37,978 SF

      Bothell Flex Space For Sale

      37,978 SF flex space with warehouse and office components.
      22214 20th Ave SE, Bothell, WA 98021
      View Details
    • $950,000

      Retail Building on Historic Main

      Two-tenant retail building in downtown Bothell's historic Main Street.
      10110 Main St, Bothell
      View Details
    • $4,199,900
      12,750 SF

      Multifamily Investment Opportunity in Bothell

      17-unit multifamily property in Bothell's Canyon Park area.
      303 Poppy Rd, Bothell, WA 98012
      View Details
    • Contact for pricing
      59,830 SF

      59,830 SF The Wright Group Flex Building For Sale in Bothell

      Flex building in Bothell with versatile zoning and prime access.
      19201 120th Ave NE, Bothell, WA 98011
      View Details
    • $10,770,000
      59,830 SF

      Bothell Flex Building For Sale

      Flex building in North Creek market, suitable for various uses.
      19201 120th Avenue NE, Bothell, WA 98011
      View Details
    • $899,000

      Bothell Townhome Development Opportunity

      Permitted four-unit townhome project in Bothell, Northshore School District.
      17533 Brickyard Road, Bothell, WA 98011
      View Details
    • $3,600,000
      7,913 SF

      Bothell Office and Warehouse Property

      Stand-alone office with warehouse and fenced yard in Bothell.
      810 240th St SE, Bothell, WA 98021
      View Details
    • $19,995

      Established Nail Salon For Sale

      Corner nail salon on major street, turn-key operation.
      212 W Winesap Rd Ste 100, Bothell, WA, 98012-9210
      View Details
    • $1,200,000
      2,500 SF

      Retail Building with Approved Drive-Thru

      Single-story retail building with approved drive-thru, excellent freeway exposure.
      18007 120th Ave NE, Bothell, WA 98011
      View Details

    FAQs

    What type of property is this?
    Warehouse - 38,411 SF warehouse space for rent in Bothell, WA.
    Where is this warehouse located?
    The property is located at 21520 30th Drive Southeast Bothell, WA.
    What are key features of this property?
    This property features: 38,411 SF warehouse space available for rent.; Located in Bothell, WA.; Large square footage makes this commercial property ideal for various uses.
    (425) 362-1399 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joe Lynch
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    21520 30th Drive Southeast, Bothell, WA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!