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Warehouse with Secured Paved Yard
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22601 76th Ave S, Kent, WA 98032

Available now warehouse with a fully secure fenced, paved yard plus dock-high and grade-level loading.

Property Size49,412 SF
Lot Size1.25 Acres
Price / SF$299.52
Days on Market69

Property Features for 22601 76th Ave S

General Information

Standard status Active
Size 49,412 SF
Lot size 1.25 Acres
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 24 ft
Office Build-Out 4,997 SF
Dock-High Doors 2
Drive-In Doors 4
Power 600 amps
Voltage 480 V
Three-Phase Power Yes

Additional Details

Asking Price $14,800,000

Building Details

Building Size 49,412 SF
Listing Agency: Newmark
Listed By: Taylor Hoff, SIOR
Source: Moodyscre
Added: May 26 Changed: Jul 31 Last Checked: Aug 1 at 2:12PM

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.

Warehouse property available now in Kent, WA, offering 49,412 SF total building area with 4,997 SF office space. The facility includes 24’ clear height and loading consisting of 2 dock high doors and 4 grade level doors.

Operational support includes 600 amps of 277/480 volt power (tenant to verify) and two (2) six-ton overhead cranes. The site is 1.25 acres, fully secure, fenced, and paved.

For access and routing, the property provides visibility on 228th Street with great access to SR 167 and West Valley Highway. Power and site layout should be verified during due diligence, including any tenant-specific requirements.

Key Highlights

  • 49,412 SF total building with 4,997 SF office space
  • 24’ clear height with 2 dock high doors and 4 grade level doors
  • 1.25‑acre fully secure, fenced, and paved site

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 $717.5k $14.52
− Vacancy −$44.5k −$0.90
EGI $673.0k $13.62
− OpEx −$100.9k −$2.04
NOI $572.0k $11.58
49,412 SF · lease $14.52/SF/yr · vacancy 6.20% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$8.17M
$7.15M – $9.53M (±1% cap)
NOI $572,033 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.52M
$16.20M – $21.60M (±1% cap)
NOI $1,296,195 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Easy Stone /Prizm ... Big Box & Wholesale Store Easy Stones Big Box & Wholesale Store Prizm Stone Corporation Big Box & Wholesale Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pharmacy Parking Lot & Garage Veterinary Clinic Wine and Liquor Store Garden Center

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

24 ft
Clear height
2
Dock-high doors
4
Drive-in doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

710
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98032, WA

38,744
Population
15,639
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
84%
High-School Grad
17.0 sq mi
ZIP Area
2,279
Density / Sq Mi
$77,413
Median Household Income
$46,105
Median Earnings
$1,782
Median Rent
$473,000
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Seattle Boat Company - Kent — 7260 S 224th St, Kent, WA 98032
  • U-Store Self Storage Kent — 301 Novak Ln, Kent, WA 98032
  • Public Storage — 6850 S 238th St, Kent, WA 98032
  • Bridge Storage Kent — 22915 86th Ave S, Kent, WA 98031

Frequently Asked Questions

What type of property is this?
Warehouse - Available now warehouse with a fully secure fenced, paved yard plus dock-high and grade-level loading.
Where is this warehouse located?
The property is located at 22601 76th Ave S Kent, WA.
What is the asking price?
The asking price for this property is $14,800,000.
What are key features of this property?
This property features: 49,412 SF total building with 4,997 SF office space; 24’ clear height with 2 dock high doors and 4 grade level doors; 1.25‑acre fully secure, fenced, and paved site
(425) 362-1388 Call to check price and availability
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