Technical
Financial
Distress signals
Property profile

80 5th Ave Milton, WA 98354

OFF-MARKET
Warehouses
Property ID
US90-1894509
41.06 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A industrial property, Bridge Point I-5, offers 1,962,383 square feet of versatile space in four separate buildings, newly constructed in 2023. Located in Milton, Washington, at 80 5th Ave (98354), this King County site boasts a strategic location off I-5, bridging the gap between the Port of Seattle and the Port of Tacoma, providing unparalleled access to major transportation arteries. The property is ideal for a variety of uses, including refrigerated/cold storage, manufacturing, warehousing, and distribution. Space is available in sizes ranging from a minimum of 122,101 square feet up to a maximum contiguous space of 1,026,959 square feet, with the entire 1,962,383 square feet currently vacant. Ceiling heights range from 32 to 40 feet, providing ample vertical space for efficient operations. The property includes 1,709 parking spaces to accommodate employees and visitors. Power options are robust, with 4000 AMPS, 3000 AMPS, and 2000 AMPS available. The property's APN is 3221049152. This is a rare opportunity to secure a large, modern, and strategically located industrial facility in a thriving market. The multiple building configuration allows for flexibility in tenant occupancy and scalability. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot 41.06 ac (1,788,684 SF)
Zoning code PD
APN 322104-9137
UPID US90-1894509

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Agricultural Supply Garden Center

Location

80 5th Ave Milton, WA 98354-9743
Milton metro Census 30501 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PD · Milton, WA
Zoning description

PLANNED DEVELOPMENT (PD) DISTRICT Chapter 17.41 OPEN SPACE (OS) DISTRICT (§ 17.41.010 - § 17.41.020) Chapter 17.42 SPECIAL USES (§ 17.42.010 - § 17.42.090) Chapter 17.43 DESIGN STANDARDS AND GUIDELINES (§ 17.43.010 - § 1…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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