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New Construction Warehouse Opportunity

8323 Maltby Rd Woodinville, WA

8323 Maltby Rd, Woodinville, WA, 00000
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New construction warehouse, shell completion expected December 2025.

Property Size76,346 SF
Lot Size4.89 Acres
Price / SF$295
AddedSep 26, 2025
Days on Market293
Last RefreshMay 19 at 9:58 pm

Property Features for 8323 Maltby Rd

General Information

Standard status
Active
Size
76,346 SF
Lot size
4.89 Acres
Property subtype
INDUSTRIAL

Listing office Kidder Mathews

Listing date Sep 26, 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 Kidder Mathews


Investment Insights

Based on property information with market context.

This new construction property, designed as a one- or two-tenant building with office build-to-suit options, is located on the Eastside. Shell completion is expected in December 2025. The property features heavy power, with 2000 amps at 480/277v. It includes six dock doors and two grade-level ramp doors. The building has a total size of 76,346 square feet. The property is suitable for warehouse, industrial, and distribution purposes.

Key Highlights

  • Rare new construction on the Eastside
  • Shell completion expected December 2025
  • Designed as a 1 or 2 tenant building with Office BTS

Local 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 $1.19M $15.60
− Vacancy −$94.1k −$1.23
EGI $1.10M $14.37
− OpEx −$164.5k −$2.16
NOI $932.4k $12.21
76,346 SF · lease $15.60/SF/yr · vacancy 7.90% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$13.32M
$11.65M – $15.54M (±1% cap)
NOI $932,372 @ 7.0% cap · market cap 4.14%
Second Best
Industrial
$10.97M
$9.60M – $12.80M (±1% cap)
NOI $767,836 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$30.58M
$26.76M – $35.67M (±1% cap)
NOI $2,140,498 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Real Estate Agency Restaurant Hair Salon Nail Salon Storage Facility Spa & Massage Center Pharmacy Grocery & Convenience Store Grocery & Convenience Store Accounting Firm

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

Similar Off Market Nearby

  • Sherlock Self Storage — 21601 W Bostian Rd, Woodinville, WA 98072

FAQs

What type of property is this?
Warehouse - New construction warehouse, shell completion expected December 2025.
Where is this warehouse located?
The property is located at 8323 Maltby Rd Woodinville, WA.
What is the asking price?
The asking price for this property is $22,522,070.
What are key features of this property?
This property features: Rare new construction on the Eastside; Shell completion expected December 2025; Designed as a 1 or 2 tenant building with Office BTS
Contact an agent
(425) 450-1159 Call to check price and availability
More about this property
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