Financial
Distress signals
Property profile

1001 Andover Park East Tukwila, WA 98188

FOR LEASE
Distribution centers
Property ID
US90-0940750
75,600 SF 7.2 ac lot Built 1975
Last sale Sep 2023 · $30,000,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
1001 Andover Park East, Tukwila, WA 98188 For Lease
$30,770,000 16,800 SF available
1001 Andover Park East, Tukwila, WA 98188
View Listing

Property summary

AI-generated overview

The property is a flex industrial site comprising two buildings that combine warehouse, showroom, and office space. Building A includes dock-high, high-bay warehouse areas with multiple individual spaces ranging from approximately 4,800 to 19,200 square feet and provides about 24-foot clear height. Building B provides showroom and office areas with grade-level loading and offers approximately 18-foot clear height. The site fronts Andover Park East at 1001–1061 Andover Park East in Tukwila, with

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$246k
Tax billed · 2022
Assessed value$22.35M
Assessed land$12.54M
Assessed improvement$9.81M
Effective rate1.10%

Value estimate

· Sep 2026
$30.77M
$27.69M – $33.85M
Sales comparison$34.48M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$295/SF
Submarket average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$181 – $456
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TUC-WP
The large southern portion of the plan area will continue to provide a wide range of distribution, warehousing, light industrial, big box...
General categoryINDUSTRIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop8.6
Tanning Salon7.8
Acupuncture7.6

Location

1001 Andover Park East Tukwila, WA 98188
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

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 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message