Property summary
This exceptional Mukilteo, WA industrial park presents a compelling value-add investment opportunity. Encompassing 125,282 square feet across five buildings situated on 8.2 acres, the property boasts 100% occupancy with 36 tenants. The park features a diverse range of unit sizes, primarily between 1,200 and 4,000 square feet, catering to high demand for smaller industrial spaces. Built between 1976 and 2007, the buildings offer ceiling heights ranging from 14 to 20 feet, ample parking (254… spaces), and convenient access to major transportation arteries including Mukilteo Speedway, I-5, I-405, SR-526, and Hwy 99. The property benefits from a flexible LI (Light Industrial) zoning designation, allowing for a variety of uses. With a current NOI of $1,822,189 and an asking price of $26,000,000, this represents a 7.01% cap rate. The property includes approximately 70,000 square feet of paved yard with covered storage and is comprised of six tax parcels (APN: 00548700001600, 00441400004300, 00441400004400, 00441400004502, 00441400004600 & 00441400004700). Rent bumps are in place, further enhancing the investment potential. The location within a land-constrained market with rising construction costs ensures the property's long-term value and competitive advantage. Grade level and dock high loading doors are available. Two small units currently occupied by the seller will be vacated at closing.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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