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Property profile & analytics
FOR LEASE
Distribution centers

923 Bayview St Seattle, WA 98134

38,630 SF 0.59 ac lot Built 1936
Individually Owned 3-yr Hold Free & Clear
Property ID
US90-0744468
No photos on file
For Lease
$6,170,000 6,800 SF available
923 Bayview St, Seattle, WA 98134
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Property summary
AI-generated overview

This exceptional industrial warehouse property, located at 923 S Bayview St in King County's desirable SODO district, offers a total of 7,535 square feet of leasable space. Currently, the entire building is vacant and available for lease, providing a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to occupy individual suites. The property features two suites in total, with a minimum divisible space of 735 square feet and a maximum contiguous space of 6,800 square feet. Ceiling heights range from 12 to 16 feet, providing ample vertical space for storage or operations. The property boasts convenient access to major freeways, ensuring efficient transportation of goods and materials. Furthermore, its strategic location offers proximity to a variety of retail amenities and employee-friendly services, enhancing the overall appeal and functionality of the space. Loading and unloading is facilitated by one dock-high door and one drive-in door. This property is ideally suited for businesses seeking a well-located, versatile, and readily available warehouse space in the heart of SODO. The property's size and configuration offer flexibility for a range of industrial uses. Inquire today to learn more about leasing options.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1936
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 38,630 SF
Lot 0.59 ac (25,641 SF)
Zoning code IG2 U/85
APN 766620-2991
UPID US90-0744468
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Visionart Interior Design Home Decor Store
  • MainStem Corporate Office
  • The Potted Gardens (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.75M
CAP Approach CAP
$6.53M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.17M
Owner & transaction history
Henson Family Limited Liability Com · 3 yrs held
Henson Family Limited Liability Com
since 2023
Last sale
$6.6M
3 recorded transactions
2023
Price N/A
2022
$6.6M
1969
Price N/A
Zoning & alternative use
IG2 U/85 · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Municipal Code
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