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    600 40th St Seattle, WA 98107-5027
    Property profile & analytics

    600 40th St Seattle, WA 98107-5027


    • Manufacturing properties
    • 16,000 SF
    • 0.83 lot acres
    Off-Market
    Last Sale May 29, 2025
    $8,500,000
    Property ID
    US90-0177988
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $7,115,000
    Show details
    Cap Rate Potential
    2.2%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Glass Eye Studio / Factory / Production Facility
    • Seattle Creative Brands / Big Box & Wholesale Store
    • Celebration Ashes / Factory / Industrial Manufacturer
    • Iyarin Market / (Bike/Boat/Book/etc) Store / Grocery & Convenience Store
    • Renzo Gracie Jiu-Jitsu Seattle / Training Center / Sports School

    Property Details for 600 40th St

    Year built
    1987
    Construction
    STEEL FRAME
    Lot size
    0.83 lot acres
    Property size
    16,000 SF
    Zone code
    IG2 U/65
    Property type
    Manufacturing properties
    APN
    744200-0222
    APU
    7442000222

    Description

    This exceptional Seattle industrial property, known as Emerald Yard, offers 16,129 square feet of versatile flex and warehouse space in a single building. Located at 600 NW 40th Street, just one block from Leary Way, in the vibrant area between Fremont and Ballard, this property boasts a prime location with easy access to major transportation routes. The building features a 16'-24' ceiling height, providing ample vertical space for various uses. Loading and unloading are facilitated by two loading docks and one dock-high door. The property also includes 17 free on-site parking stalls for employees and visitors. The interior offers a blend of open warehouse space and private offices, ideal for a variety of businesses. The electrical service is robust, with 400-amp, 120/208 volt, 3-phase power. The entire 16,129 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building. The property sits on a sizable 36,200 square foot lot, zoned MML/U65 in King County, Washington (APN: 744200-0222). This is a rare opportunity to secure a substantial, well-equipped industrial space in a highly desirable Seattle neighborhood. The property's size, features, and location make it an ideal choice for businesses seeking a functional and strategically located space to expand or establish their operations. The ample parking and convenient access further enhance its appeal.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,470,000
      ML approach
      $6,575,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,535,000
      Market price range: $3.06M - $6.37M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,520,000
      Current use
      RESTAURANT
      $8,395,000
      Change: +86% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $8,095,000
      Change: +79% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $6,585,000
      Change: +46% Conversion: Easy
      RETAIL STORES
      $6,415,000
      Change: +42% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $5,675,000
      Change: +26% Conversion: Difficult
      OFFICE BUILDING
      $5,655,000
      Change: +25% Conversion: Difficult
      MEDICAL BUILDING
      $5,500,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.364
    Latitude
    47.6565
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $50,927
    $5,430,000
    $1,000
    $5,431,000
    -
    $5,430,000
    $1,000
    $5,431,000
    More about this property
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