631 96Th St Seattle, WA 98108
Property profile & analytics
631 96Th St Seattle, WA 98108
- Manufacturing properties
- 14,770 SF
- 1.44 lot acres
Property ID
US90-3312147
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.
Location Intelligence
Current Use by Public Records
- Warp Corporation / Industrial Manufacturer / Production Facility
Property Details for 631 96Th St
- Year built
- 1967
- Construction
- STEEL FRAME
- Lot size
- 1.44 lot acres
- Property size
- 14,770 SF
- Zone code
- I
- Property type
- Manufacturing properties
- APN
- 562420-0253
- APU
- 5624200253
Description
This exceptional value-add industrial property in Seattle, WA, presents a compelling investment opportunity. Located at 631 S 96th St, 98108, this 1.44-acre site features two buildings totaling 17,170 square feet of net rentable space. The main structure is a 14,700 square foot manufacturing warehouse with two drive-in loading docks, 20-24' ceilings, and substantial power (2,900 amps of 277/480 volt, 3-phase power). A secondary 2,400 square foot building currently serves as office/residential space. The property boasts a fully secured yard, offering enhanced security. Currently 100% occupied with a single tenant on a short-term lease, this presents a chance for immediate income and future value appreciation. The property's strategic location near SR-99, SR-512, I-5, and I-405 provides unparalleled access to major transportation arteries. Built in 1967 and renovated in 1979, this Class C property is zoned I (Seattle) and offers a low lot coverage (27%), leaving ample space for expansion or additional storage. The asking price is $5,700,000, with a pro-forma NOI of $431,533 and a pro-forma cap rate of 7.57%. The current NOI is $173,643. This property is a rare find in a land-constrained submarket, offering significant potential for long-term growth and return on investment. The property features a price per square foot of $331.97 and a price per unit of $2,850,000. The King County APN is 562420-0253.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.324
- Latitude
- 47.5164
- 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
$32,352
$1,878,400
$1,320,200
$3,198,600
-
$1,878,400
$1,320,200
$3,198,600
