600 40th St Seattle, WA 98107-5027
Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Factory Production Facility
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Big Box & Wholesale Store
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Factory Industrial Manufacturer
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(Bike/Boat/Book/etc) Store Grocery & Convenience Store
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Training Center Sports School
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
IG2 U/65 · Seattle, WAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for IG2 U/65 in Seattle, WA.
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