Property profile

851 Milwaukee N Ave Algona, WA 98001

OFF-MARKET
Distribution centers
Property ID
US90-0913267
270,739 SF 12.21 ac lot Built 1990
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 270,739 SF
Lot 12.21 ac (531,651 SF)
Zoning code M-1
APN 030151-0050
UPID US90-0913267

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
  • Industrial Manufacturer Production Facility

Location

851 Milwaukee N Ave Algona, WA 98001-4307
Algona metro Census 30901 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$30.35M

Owner & transaction history

since 2015
6 recorded transactions
2015
$28.3M
2005
$14,482
2005
Price N/A
1997
Price N/A
1997
$8.8M
1969
Price N/A

Zoning & alternative use

M-1 · Algona, WA
Zoning description

Light industrial zones are intended for light manufacturing, which will provide for the location and grouping of industrial activities and uses involving the processing, handling and creating of products, plus the resear…

General category INDUSTRIAL

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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