Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

596 Industry Dr Tukwila, WA 98188

FOR LEASE
Other warehouses
Property ID
US90-1567474
19,589 SF 3.72 ac lot Built 1973
Last sale Sep 2021 · $46,175,710
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
596 Industry Dr, Tukwila, WA 98188 For Lease
Contact for pricing 465 SF available
596 Industry Dr, Tukwila, WA 98188
View Listing

Property summary

AI-generated overview

A centrally located office-industrial flex space park comprising multiple units designed to accommodate both office use and industrial functionality, with configurations ranging from smaller footprints to larger layouts. The property includes space that underwent renovations under prior ownership and is supported by on-site management for day-to-day operations. It is located adjacent to Southcenter Mall and provides access to major regional roadways including I-5, I-405, Highways 167, 509, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$177k
Tax billed · 2022
Assessed value$16.36M
Assessed land$5.39M
Assessed improvement$10.96M
Effective rate1.08%

Value estimate

· Oct 2026
$1.57M
$1.41M – $1.72M
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 980,500.00% cap applied$10k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$295/SF
Submarket average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$181 – $456
Qualifying comparables10

Cap rate analysis

How does the asset earn?
980,500.00%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TUC-TOD
The area extending from the bus transit center on Andover Park West eastward towards the Sounder commuter rail or Amtrak station is inten...
General categoryCOMMERCIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Tanning Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tanning Salon7.7
Smoke and Vape Shop7.5
Laundry Service7.4

Location

596 Industry Dr Tukwila, WA 98188
County assessor Recorded deeds · 10 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
505 Strander, Tukwila, WA 98188-2920 $4,400,000 Jun 2024 16,136 SF
3400 150th, Tukwila, WA 98188-2109 $520,000 Dec 2022 17,828 SF
510 Strander, Tukwila, WA 98188-2921 $5,300,000 Apr 2022 23,600 SF
1228 Andover E, Tukwila, WA 98188-3905 $17,550,000 May 2021 18,932 SF
1230 Andover E, Tukwila, WA 98188-3905 $17,550,000 May 2021 20,775 SF
405 Evans Black, Tukwila, WA 98188-2912 $3,400,000 Apr 2021 16,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again