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Property profile & analytics
OFF-MARKET Estimated value $45,520,000
Showrooms

18200 Andover W Park Seattle, WA 98188

306,678 SF 12.59 ac lot Built 1979
Individually Owned Absentee Owner Free & Clear
Property ID
US90-2885388
Property summary
AI-generated overview

This 3-acre industrial land parcel, located at 18200 Andover Park W, Tukwila, WA 98188 (APN 870021-0030), is situated within the Seattle South Business Park (formerly Segale Business Park) and zoned for Heavy Industrial use. The property is subject to Tukwila's Shoreline Master Program and Tukwila Municipal Code due to its proximity to the Green River. The first 200 feet bordering the Green River fall within the Shoreline environment, with usage restrictions varying between a 125-foot buffer zone (primarily water-dependent uses) and a non-buffer zone (subject to Shoreline use restrictions). Approximately 2.16 acres are usable outside the 125-foot buffer, with roughly 0.74 acres within the non-buffer zone subject to additional restrictions. An additional 1.42 acres are usable outside the 200-foot Shoreline boundary, completely unrestricted. The lot is paved. Potential buyers are responsible for independently verifying all information and consulting the relevant municipal codes and shoreline master program for complete details on permitted uses. This exceptional location offers significant potential for various industrial applications. The property is available for both lease and sale.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 306,678 SF
Lot 12.59 ac (548,392 SF)
Zoning code HI
APN 870021-0110
UPID US90-2885388
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
  • Seattle South Business Park - Parking Lot Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$62.28M
Comparable Approach Comparable
by Request
Blend (final) Blend
$45.52M
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
HI · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Municipal Code
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