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    Property profile & analytics

    10818 Myers Way Seattle, WA 98168

    • Warehouses
    • 2,726 SF
    • 0.29 lot acres
    For Sale
    View listing
    $4,000,000
    Value Estimation
    Last Sale
    Jun 19, 2020
    $1,040,000
    Location Intelligence
    Property ID
    US90-0591112
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Macadons (Headquarter) / Wholesale Bakery
    • Vinason Kitchen / Restaurant

    Property Details for 10818 Myers Way

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.29 lot acres
    Property size
    2,726 SF
    Zone code
    CBSO
    Property type
    Warehouses
    APN
    079500-0025
    APU
    795000025

    Description

    This exceptional Seattle industrial property, located at 10818 Myers Way S, offers a compelling investment opportunity. The property encompasses a substantial 10,833 square feet of warehouse and distribution space, spread across three single-story buildings situated on a 0.285-acre lot. Built in 1975, the property boasts a desirable location in King County, Washington, with the zip code 98168. The asking price is $4,000,000, translating to a price per square foot of $369.24. This represents a strong value proposition for investors seeking a well-located, established industrial asset in a thriving market. The property's size and configuration make it suitable for a variety of distribution and warehousing operations. Its strategic location within Seattle provides easy access to major transportation arteries, facilitating efficient logistics and distribution networks. The property's solid construction and established infrastructure offer immediate occupancy and operational readiness. Detailed property information and specifications are available upon request. This is an excellent opportunity to acquire a high-quality industrial property in a prime Seattle location. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,010,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,050,000
      6.5%
      $990,000
      7%
      $1,080,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,225,000
      Geo Method
      $1,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $935,000
      Mixed-Use
      $930,000
      Hospitality
      $1,135,000
      Educational
      $905,000
      Residential Income
      $1,155,000
      Energy
      $930,000
      Income-Based Land
      $1,020,000
      Food Service
      $895,000

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.332
    Latitude
    47.506
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $13,315
    $223,800
    $760,400
    $984,200
    -
    $223,800
    $760,400
    $984,200

    Comparable in this City

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      14460 Des Moines Memorial S Dr

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      79,540 SF

      12855 48th S Ave

      WAREHOUSE, STORAGE • 79,540 SF
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    • Value Estimation
      $355,000
      9,660 SF

      3425 146th St

      WAREHOUSE, STORAGE • 9,660 SF
      3425 146th St, Tukwila, WA 98168-4309
      View Details
    • Value Estimation by Request
      21,000 SF

      2922 112th St

      WAREHOUSE, STORAGE • 21,000 SF
      2922 112th St, Tukwila, WA 98168-1800
      View Details

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    Similar Nearby for Lease

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    10818 Myers Way
    Seattle, WA 98168
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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