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    OFF-MARKET
    Distribution centers

    21006 Mountain Hwy, Spanaway, WA 98387

    20,600 SF Built 1972
    Property ID
    US90-0070085
    Property summary
    AI-generated overview

    This exceptional industrial property, situated on a 2.36-acre lot at 21006, 21222 Mountain Hwy E, Spanaway, WA 98387 (APN: 0318101010, 0318101015), presents a compelling investment or owner-user opportunity. The property boasts approximately 20,600 square feet of warehouse space, currently configured as a lumber mill, featuring open-sided structures and a 600 square foot office. Built in 1972, the site benefits from a CE zoning designation, allowing for diverse uses including retail, office, industrial services, contractor yards, truck maintenance/parking, warehouses, and distribution centers. The property's strategic location on Mountain Highway East (SR 7), between the Spanaway Walmart and Bethel Station, ensures high visibility and convenient access. Priced at $1,800,000 ($87.38/sq ft), this property offers significant potential for a variety of businesses. Detailed zoning information is available upon request. This is a rare opportunity to acquire a well-located, versatile industrial property in a thriving market.

    Property profile
    Verified
    Property type Distribution centers
    Year built 1972
    Total area 20,600 SF
    APN 0318101010, 0318101015
    UPID US90-0070085
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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