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Property profile & analytics
FOR SALE
Warehouses

19320 Elderberry St SW Rochester, WA 98579

5,500 SF 1.19 ac lot Built 1979
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US90-0774836
Property summary
AI-generated overview

This exceptional 5,500-square-foot warehouse, located at 19320 Elderberry St SW in Rochester, Washington, presents a significant opportunity for businesses seeking a single-tenant industrial space. Situated on a 1.19-acre lot in Thurston County, this property boasts a 16-foot ceiling height, providing ample vertical storage capacity. The building features five convenient drive-in doors, ensuring efficient loading and unloading operations. Power is supplied by a robust 3-phase system with two separate panels, offering flexibility and reliability. The entire 5,500 square feet is currently vacant, allowing for immediate occupancy and customization to suit specific operational needs. The property's location in Rochester, WA, zip code 98579, offers convenient access to major transportation routes, making it an attractive option for businesses requiring seamless logistics. This warehouse is perfect for a variety of industrial uses and presents a rare opportunity to secure a substantial, well-equipped space in a desirable location. The property is available for lease.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Construction WOOD FRAME
Total area 5,500 SF
Lot 1.19 ac (51,836 SF)
APN 5570-04-00300
UPID US90-0774836
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
$835k
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k
Owner & transaction history
Wrk Group LLC · 2 yrs held
Wrk Group LLC
since 2024
Last sale
$650,000
7 recorded transactions
2024
$650,000
2015
$294,000
2015
$275,000
2006
Price N/A
2006
$125,000
2006
$340,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $920,000 +45.7%
Restaurant $780,000 +23.6%
Industrial (general) $740,000 +16.9%
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