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Property profile & analytics
OFF-MARKET Estimated value $1,700,000
Warehouses

16707 10th Ave 54 Ridgefield, WA 98642-5883

20,500 SF 2.82 ac lot Built 2017
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US90-1099913
Property summary
AI-generated overview

This exceptional 11,750-square-foot warehouse, situated on a 2.82-acre lot in Ridgefield, Washington, presents a compelling investment opportunity. Located conveniently off Interstate 5 near the fairgrounds, this property boasts excellent visibility and accessibility. Built in 2017, the building is in excellent condition and features a 30-foot ceiling height, three 12' x 14' automatic dock-high doors, and a recessed loading dock with an additional 8' x 8' automatic overhead door. The warehouse space itself is 8,750 square feet (70' x 125'), while a 3,000-square-foot (50' x 60') office area provides ample administrative space. Interior dividing walls can be removed to create a 70' x 125' clear span. The first bay (24' x 70') is climate-controlled, and the entire warehouse is insulated. The last bay offers potential for a separate 1,680-square-foot lease space. The property also includes a paved, security-fenced lot with an extra-wide gated entrance and a recently updated (2024) security system with cameras. The property is zoned for light industrial use and is fully ADA compliant. Asking price is $6,000,000. This property offers a unique blend of functionality, location, and modern amenities, making it ideal for a variety of industrial uses.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2017
Construction STEEL FRAME
Total area 20,500 SF
Lot 2.82 ac (122,839 SF)
Zoning code IL : CLK
APN 181946-000
UPID US90-1099913
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
  • Big Al's Specialty Movers Moving Company Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M
Owner & transaction history
Big Als Enterprises LLC · 9 yrs held
Big Als Enterprises LLC
since 2016
3 recorded transactions
2016
$488,000
2001
$67,806
1991
Price N/A
Zoning & alternative use
IL : CLK · Ridgefield, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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