Technical
Financial
Distress signals
Property profile

1024 Andover E Park Tukwila, WA 98188

OFF-MARKET
Refrigerated & Cold Storage
Property ID
US90-1632764
10,258 SF 1.3 ac lot Built 1974
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Refrigerated & Cold Storage
Use group COLD STORAGE
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,258 SF
Lot 1.3 ac (56,659 SF)
Zoning code TUC-WP
APN 262304-9083
UPID US90-1632764

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Butcher Big Box & Wholesale Store

Location

1024 Andover E Park Tukwila, WA 98188-7616
Tukwila metro Census 26200 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.21M
CAP Approach CAP
$1.74M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.23M

Owner & transaction history

since 2022
Last sale
$2.5M
6 recorded transactions
2022
$2.5M
1995
$925,000
1993
$555,000
1990
$80,600
1988
$22,400
1988
$2,800

Zoning & alternative use

TUC-WP · Tukwila, WA
Zoning description

The large southern portion of the plan area will continue to provide a wide range of distribution, warehousing, light industrial, big box retail, and furniture outlets, with incremental infill by office and other complem…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $3.6M +20.1%
Office building $3.6M +19.6%
Medical building $3.5M +16.4%

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
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