Industrial Warehouse with Drive-In
5805 NE Minder Rd Poulsbo, WA 98370
For Sale
Contact for pricing
Built in 1992, the 8,000 SF warehouse includes four 8' x 10' drive-in doors and a 456 SF mezzanine.
Property Size8,000 SF
Lot Size0.78 Acres
Price / SF$150
Days on Market301
Property Features for 5805 NE Minder Rd
General Information
Standard status
Active
Size
8,000 SF
Lot size
0.78 Acres
Property subtype
INDUSTRIAL
Listing Agency:
KW Commercial Greater 360
(253) 606-6332
Listed By:
Joey Soller
(253) 606-6332
Source:
Moodyscre
Added: Oct 3, 2025
Changed: Jul 28
Last Checked: Jul 29 at 1:39PM
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 KW Commercial Greater 360
Investment Insights
Based on property information with market context.
This built-in-1992 industrial warehouse totals 8,000 square feet and sits on 0.78 acres. The facility offers 18’ clear height and includes four 8’W x 10’H drive-in doors to support straightforward loading and receiving. A 456 SF mezzanine provides additional built-in flexible space. A brand new septic system has been installed, and the site supports a 2.3/1,000 SF parking ratio.
The property is located along the Hwy 104 corridor with immediate access to Hwy 305, connecting the Poulsbo and Kingston area with ferry service to Seattle via Winslow. The surrounding trade and service-oriented regional access may support a wide range of business operations.
Zoning is Rural Employment Center (REC), which allows a broad array of employment uses including trades, fabrication, warehousing, assembly, and service-based businesses; buyers should verify details with Kitsap County DCD. Caretaker’s dwelling provisions may also apply.
The property is located along the Hwy 104 corridor with immediate access to Hwy 305, connecting the Poulsbo and Kingston area with ferry service to Seattle via Winslow. The surrounding trade and service-oriented regional access may support a wide range of business operations.
Zoning is Rural Employment Center (REC), which allows a broad array of employment uses including trades, fabrication, warehousing, assembly, and service-based businesses; buyers should verify details with Kitsap County DCD. Caretaker’s dwelling provisions may also apply.
Key Highlights
- 8,000 SF warehouse built in 1992 on 0.78 acres in Kitsap County
- 18’ clear height with four 8’W x 10’H drive‑in doors for warehouse access
- Includes a 456 SF mezzanine
Financial Insights For Flex RnD
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 | $144.0k | $18.00 |
| − Vacancy | −$2.6k | −$0.32 |
| EGI | $141.4k | $17.68 |
| − OpEx | −$49.5k | −$6.19 |
| NOI | $91.9k | $11.49 |
8,000 SF · lease $18.00/SF/yr · vacancy 1.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.31M
$1.15M – $1.53M
NOI $91,915 @ 7.0% cap · market cap 7.66%
Second Best
Warehouse
$858.5K
$751.2K – $1.00M
NOI $60,098 @ 7.0% cap · market cap 5.01%
Theoretical Best
Specialty Retail
$2.67M
$2.33M – $3.11M
NOI $186,732 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- United Business Park & Storage — 26139 United Rd NE, Kingston, WA 98346
- Kingston Vault Self Storage — 26909 WA-104 NE, Kingston, WA 98346
- Minder Storage — 6101 NE Minder Rd, Poulsbo, WA 98370
Frequently Asked Questions
What type of property is this?
Warehouse - Built in 1992, the 8,000 SF warehouse includes four 8' x 10' drive-in doors and a 456 SF mezzanine.
Where is this warehouse located?
The property is located at 5805 NE Minder Rd Poulsbo, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8,000 SF warehouse built in 1992 on 0.78 acres in Kitsap County; 18’ clear height with four 8’W x 10’H drive‑in doors for warehouse access; Includes a 456 SF mezzanine
