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    FOR LEASE
    Industrial properties

    15218 Josh Wilson Rd, Burlington, WA 98233

    58,220 SF 5.32 ac lot Built 2001
    Individually Owned Free & Clear
    Property ID
    US90-1064531
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Industrial properties
    Use group PRINTING, PUBLISHING (LIGHT INDUSTRIAL)
    Year built 2001
    Total area 58,220 SF
    Lot 5.32 ac (231,913 SF)
    APN 350334-0-007-0009
    UPID US90-1064531
    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
    Current use
    Occupant on record · Public records
    • JACQUARD INK & PAD (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $6.16M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.99M
    Owner & transaction history
    Asher Katz
    Asher Katz
    since 2025
    Last sale
    $5.9M
    7 recorded transactions
    2025
    2025
    2024
    $5.9M
    2021
    2021
    $5.5M
    2021
    2020
    $1.4M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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