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Property profile & analytics
OFF-MARKET Estimated value $6,350,000
Warehouses

12 Meridian E Milton, WA 98354-9330

8,140 SF 3.12 ac lot Built 1988
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US90-1008026
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,140 SF
Lot 3.12 ac (135,907 SF)
Zoning code M-1
APN 420041043
UPID US90-1008026
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.97M
Blend (final) Blend
$6.35M
Owner & transaction history
Gw Edgewood North LLC · 3 yrs held
Gw Edgewood North LLC
since 2023
Last sale
$7.3M
7 recorded transactions
2026
Price N/A
2023
$7.3M
2022
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-1 · Milton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Prohibited. Barbed wire concertina wire and the like shall not be allowed in any district except the light manufacturing (M-1) and community facilities (CF) districts nor allowed along a shared property line with a residential zoning district or established residential use, including multifamily. 7. Electrified Fences. Where allowed, electrified fences, rega…

Zone name Light Manufacturing District
General category INDUSTRIAL
Zone area 134.81 ac
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