15218 Josh Wilson Rd, Burlington, WA 98233
For Lease
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This exceptional industrial property, located at 15218 Josh Wilson Rd, Burlington, WA 98233, presents a significant investment opportunity. The property encompasses 58,220 square feet on a 5.9-acre lot, featuring two single-story buildings constructed in 2001. The space is currently vacant and zoned BR-LI (Bayview Ridge Light), offering flexibility for various uses. The buildings boast 10,620 square feet of modern office space and 47,600 square feet of industrial space, divided into two 23,800 square foot units. Office amenities include a large kitchen/lunchroom and restrooms. The warehouse features a combination of grade-level and dock-high loading doors, including a dedicated FedEx dock. Specific door dimensions include two 9x9 grade-level doors, three 16x16 grade-level doors, two 9x9 dock-high doors, and one 10x10 dock-high door. The property also includes 146 parking stalls, a sprinkler system, three-phase power, and a 21'10" clear height. Sanitary and sewer services are provided via a pump station. The property's location near Skagit Regional Airport and the inclusion of additional land provide potential for future expansion or development. The asking price is $7,600,000. All information is deemed reliable but not guaranteed; verification is recommended.
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JACQUARD INK & PAD (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.