27631 Covington Way Covington, WA 98042
This exceptional Covington, WA industrial property offers a substantial 93,600-square-foot building on a sprawling 19.74-acre lot. The building features 2,500 square feet of spec office space, plus an additional 2,500 square feet of mezzanine space, expandable up to 5,000 square feet. A significant 7.85-acre yard (342,146 square feet) provides ample space for operations. The property boasts impressive loading capabilities with 32 dock-high doors and 2 ground-level doors, and a 32-foot clear height. Parking is abundant, with 358 trailer stalls and 115 auto stalls. The site is strategically located with excellent visibility from Highway 18. Building features include a 6-inch concrete slab, an ESFR sprinkler system, and LEED certification. The property benefits from a 52' x 60' typical column spacing. The entire site can be fenced for enhanced security. No local B&O tax applies. Owner-user sale may be considered. This property is ideal for businesses seeking a large, well-equipped industrial space in a prime location. The property is zoned for industrial use and is located in King County, WA, zip code 98042, at 27631 Covington Way SE.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.