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    Property profile & analytics
    OFF-MARKET Estimated value $5,525,000
    Industrial properties

    950 Andover E Park, Tukwila, WA 98188-7624

    41,286 SF 1.84 ac lot Built 1975
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US90-1645919
    Property summary
    AI-generated overview

    This exceptional 41,286-square-foot flex space presents a unique opportunity for owner-users or investors. Situated on a 1.86-acre lot in Tukwila, Washington's thriving Tukwila Urban Center-Work Place (TUC-WP) zone, this single-story, 1975-built building underwent renovations in 1990. Boasting an open floor plan, it offers remarkable versatility for a wide array of uses. The property enjoys a highly visible corner location at the signalized intersection of Minkler Boulevard and Andover Park East, providing exceptional street frontage and exposure. Features include eight loading docks, one dock-high door, and ceiling heights ranging from 18 to 23 feet. Ample parking is available with 40 spaces. The building is currently vacant, presenting a clean slate for the next occupant. The property's full roof was replaced in 2018. With a King County APN of 262304-9105, this asset offers a compelling combination of location, size, and functionality in a submarket with only 3.9% vacancy. The property's zoning allows for a variety of uses, making it an ideal choice for businesses seeking a flexible and prominent location. This is a rare opportunity to acquire a well-located, versatile industrial, office, and retail space in a high-demand area.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1975
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 41,286 SF
    Lot 1.84 ac (80,349 SF)
    Zoning code TUC-WP
    APN 262304-9105
    UPID US90-1645919
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $6.39M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.53M
    Owner & transaction history
    Amp Holdings LLC · 13 yrs held
    Amp Holdings LLC
    since 2013
    7 recorded transactions
    2013
    2013
    $1.5M
    2012
    $3.0M
    2005
    1996
    $1.9M
    1993
    1969
    Zoning & alternative use
    TUC-WP · Tukwila, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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