600 40th St, Seattle, WA 98107-5027
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IG2 U/65 · Seattle, WASeattle. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.