Commercial Real Estate Market in Tukwila, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
95 active listings and 514 off-market properties in Tukwila, WA. Commercial property asks $245/SF to buy and $24.44/SF/Yr to lease.
Market Trends
Tukwila, WA spans 29.1 square miles in King County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Tukwila, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Tukwila, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Tukwila, WA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Tukwila, WA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 48.5%
- Residential 34.4%
- Commercial 13.1%
- Mixed use 4%
Largest Zones share of zoned land by district
Low Density Residential
Manufacturing Industrial Center Heavy
Commercial Light Industrial
Tukwila Urban Center Workplace
Tukwila Valley South
Tukwila, WA zones 4,880 acres across 20 districts. Commercial zoning covers 13.1% of zoned land, residential 34.4% and industrial 48.5%. The largest single district is Low Density Residential at 32.7%. For commercial buyers the practical constraint is that only 61.6% of land carries a commercial or industrial designation.
Low Density Residential (LDR)
It is intended to provide low density family residential areas together with a full range of urban infrastructure services in order to maintain stable residential neighborhoods, and to prevent intrusions by incompatible land uses
Market overview
Demographics & Economy
Tukwila, WA has 115,371 residents in 44,477 households. Density runs 3,965 people per square mile. Median household income here is $86,190 and median gross rent $1,673 a month.
115,371
Population
44,477
Households
2.6
Avg Household Size
38
Median Age
30%
College-Educated
84%
High-School Grad
29.1 sq mi
ZIP Area
3,965
Density / Sq Mi
$86,190
Median Household Income
$47,358
Median Earnings
$1,673
Median Rent
$559,791
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mercer Island | — | — |
| Seatac | — | — |
| Des Moines | — | — |
Commercial property in Tukwila, WA asks $245/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Tukwila?
Commercial property in Tukwila, WA asks an average of $245 per square foot. The 4 most recent recorded sales traded at a median of $221/SF, so asking sits 11% above the achieved median.
How much does it cost to lease commercial space in Tukwila?
Asking lease rates in Tukwila, WA average $24.44 per square foot per year.
What zoning applies to commercial property in Tukwila?
Tukwila, WA zones 4,880 acres across 20 districts, of which 13.1% is commercial and 48.5% industrial. The largest single district is Low Density Residential at 32.7% of zoned land. It is intended to provide low density family residential areas together with a full range of urban infrastructure services in order to maintain stable residential neighborhoods, and to prevent intrusions by incompatible land uses Residential zoning covers 34.4% and open space 0%.
Where does Realmo's Tukwila market data come from?
Realmo compiles Tukwila, WA figures from 6 recent recorded sales, 28 active sale listings, 67 active lease listings, 514 tracked off-market properties, the current Tukwila zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 67 active for-lease listings in Tukwila, WA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,880 zoned acres across 20 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
