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Property profile & analytics
FOR LEASE
Warehouses

17045 Tye St SE Monroe, WA 98272

42,000 SF 2 ac lot Built 2007
Entity Owned 2-yr Hold Free & Clear
Property ID
US90-2381805
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 42,000 SF
Lot 2 ac (87,120 SF)
Zoning code LI
APN 28063500300800
UPID US90-2381805
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
  • PPR Industry Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.17M
Comparable Approach Comparable
$10.05M
Blend (final) Blend
$8.68M
Owner & transaction history
Tye Street Venture LLC · 2 yrs held
Tye Street Venture LLC
since 2024
Last sale
$8.3M
6 recorded transactions
2024
$8.3M
2014
Price N/A
2006
$609,840
2000
$159,765
2000
$72,600
1997
$205,000
Zoning & alternative use
LI · Monroe, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $12.7M +5.0%
Retail stores $12.2M +0.8%
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