17045 Tye St SE, Monroe, WA 98272
- Warehouses
- 42,000 SF
- 2.00 lot acres
Current Use by Public Records
- PPR Industry Corporation / Industrial Manufacturer / Production Facility
Property Details for 17045 Tye St SE
- Year built
- 2007
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 2.00 lot acres
- Zone code
- LI
- Property type
- Warehouses
- APN
- 28063500300800
- APU
- 28063500300800
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 9, 2024 | $8,250,000 | Tye Street Venture LLC | Kelemberg LLC | Bargain And Sale Deed | — |
| Jan 9, 2014 | — | Kelemberg LLC | Wegener Family LP | Quit Claim Deed · related | — |
| Feb 2, 2006 | $609,840 | Wegener Family | Burrows,john P JR | Warranty Deed | — |
| Jul 6, 2000 | $159,765 | John Langkow | Prendepgast,richard J & Sue R | Grant Deed | — |
| Jan 10, 2000 | $72,600 | Charles Reidt | Predergast,richard J & Sue R | Grant Deed | — |
| Aug 1, 1997 | $205,000 | John P Burrows | Prendergast,richard J & Sue R | Grant Deed | — |
Description
This exceptional 42,047-square-foot industrial warehouse, located at 17045 Tye St SE in Monroe, Washington, 98272, presents a compelling opportunity for businesses seeking efficient distribution space. The property is a single-tenant building, ideal for owner-occupiers or investors seeking a stable, long-term investment. The building boasts a highly functional layout designed to optimize workflow and maximize efficiency. Key features include six loading docks equipped with levelers, providing seamless loading and unloading capabilities. In addition to the dock-high doors, there is also one convenient drive-in door for added flexibility. The warehouse benefits from substantial power capacity, with 600 amps available to support various operational needs. Its classification as both a warehouse and distribution facility highlights its suitability for a wide range of logistics and storage applications. The property's strategic location in Monroe, Washington offers excellent access to major transportation arteries, facilitating efficient distribution throughout the region. This well-maintained building represents a rare opportunity to acquire a high-quality industrial property in a desirable location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,850,000
- 6.5%
- $8,170,000
- 7%
- $7,585,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,053,000
Market price range: $5.44M - $19.0M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $12,130,000 Current use
- COMMERCIAL (GENERAL)
- $12,730,000 Change: +5% Conversion: Difficult
- RETAIL STORES
- $12,230,000 Change: +1% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Snohomish
- State
- Washington
- Longitude
- -122.002
- Latitude
- 47.869
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
