7266 8th S Ave Seattle, WA 98108-3403
Property profile & analytics
7266 8th S Ave Seattle, WA 98108-3403
- Manufacturing properties
- 12,000 SF
- 1.31 lot acres
Property ID
US90-1367794
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
- Sentinel Maritime Safeguard & Inspection / Marine Surveyor
- Markey Machine LLC / Factory / Industrial Manufacturer
Property Details for 7266 8th S Ave
- Year built
- 1941
- Construction
- WOOD
- Lot size
- 1.31 lot acres
- Property size
- 12,000 SF
- Zone code
- IG1 U/85
- Property type
- Manufacturing properties
- APN
- 213620-0210
- APU
- 2136200210
Description
This exceptional investment opportunity presents a stabilized, single-tenant industrial flex property located at 7266 8th Ave S, Seattle, WA 98108, within the desirable Georgetown submarket. The property, built in 1941 and extensively renovated in 2010, boasts 33,365 square feet on a 1.31-acre lot. Currently 100% occupied by Markey Machinery under a 10-year lease commencing November 1, 2024, and expiring October 31, 2034, this asset offers significant long-term stability. The property features two loading docks, making it highly functional for industrial operations. With an asking price of $8,650,000 and a compelling 6.69% cap rate, this represents a strong return on investment. The property's location in the thriving Georgetown area provides excellent access to major transportation routes and a skilled workforce. This is a rare opportunity to acquire a high-performing, single-tenant industrial property with a substantial remaining lease term, offering both immediate income and long-term growth potential. The property's strong tenant and favorable lease terms make it an attractive investment for discerning buyers seeking a secure and profitable addition to their portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.322
- Latitude
- 47.5376
- 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
$73,354
$2,574,000
$5,132,400
$7,706,400
-
$2,574,000
$5,132,400
$7,706,400
