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Property profile & analytics
FOR SALE
Warehouses

4600 37Th Ave SW Seattle, WA 98126

49,383 SF 0.53 ac lot Built 1981
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US90-1636091
No photos on file
For Sale
$14,000,000 49,383 SF
4600 37Th Ave SW, Seattle, WA 98126
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Property summary
AI-generated overview

This exceptional King County property, the SK Center, offers 49,383 square feet of versatile industrial space, ideal for a variety of uses. Currently, 8,329 square feet is immediately available, with the potential to lease the entire building. Built in 1981 and extensively renovated in 2021, this single-building complex boasts a 24-foot ceiling height, three loading docks, and two dock-high doors, ensuring efficient operations. The property includes 55 parking spaces and features heavy power. Interior highlights include floor drains, a grease trap, USDA-compliant production space, and a climate-controlled chill space. The building also benefits from recently upgraded bathrooms and a parking garage. The property is zoned NC-75 and is situated in the vibrant West Seattle Junction, at the southeast corner of 37th Ave SE and SW Snoqualmie Street, across from the YMCA. This prime location offers excellent visibility and benefits from significant ongoing redevelopment in the area, including new residential units and retail establishments such as Trader Joe's and a forthcoming Whole Foods. The 23,000 square-foot lot provides extraordinary views of downtown Seattle. Minimum divisible space is 8,329 square feet, with a maximum contiguous space of 49,383 square feet. This is a rare opportunity to secure a well-maintained, strategically located industrial property in a rapidly growing area.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1981
Construction WOOD
Total area 49,383 SF
Lot 0.53 ac (23,000 SF)
Zoning code NC3-75 (M)
APN 095200-7920
UPID US90-1636091
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
  • S K Food Group Inc Grocery & Convenience Store Food Market
  • Seattle Food Tech Corporate Office
  • Trujillo Firm Law Firm Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.88M
Owner & transaction history
Peter Kirkman · 6 yrs held
Peter Kirkman
since 2019
7 recorded transactions
2019
Price N/A
2014
Price N/A
2011
Price N/A
2010
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
NC3-75 (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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