4600 37Th AveSeattle, WA 98126

  • Industrial properties
  • 49,383 SF
For Lease

Property Details for 4600 37Th Ave

Year built
1981
Construction
WOOD
Lot size
0.53 AC
Property size (Sq ft)
49,383 SF
Zone code
NC3-75 (M)
Property type
Industrial properties
Property subtype
Other warehouses
APN
095200-7920
APU
952007920

Description

This exceptional King County property, the SK Center, offers 49,383 square feet of versatile industrial space, ideal for a variety of uses. Currently, 8,329 square feet is immediately available, with the potential to lease the entire building. Built in 1981 and extensively renovated in 2021, this single-building complex boasts a 24-foot ceiling height, three loading docks, and two dock-high doors, ensuring efficient operations. The property includes 55 parking spaces and features heavy power. Interior highlights include floor drains, a grease trap, USDA-compliant production space, and a climate-controlled chill space. The building also benefits from recently upgraded bathrooms and a parking garage. The property is zoned NC-75 and is situated in the vibrant West Seattle Junction, at the southeast corner of 37th Ave SE and SW Snoqualmie Street, across from the YMCA. This prime location offers excellent visibility and benefits from significant ongoing redevelopment in the area, including new residential units and retail establishments such as Trader Joe's and a forthcoming Whole Foods. The 23,000 square-foot lot provides extraordinary views of downtown Seattle. Minimum divisible space is 8,329 square feet, with a maximum contiguous space of 49,383 square feet. This is a rare opportunity to secure a well-maintained, strategically located industrial property in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,295,680
    Hospitality
    $14,010,761
    Educational
    $11,656,788
    Medical
    $12,057,683
    Retail
    $18,132,782
4600 37Th Ave, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.5617
Longitude
-122.378
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
$58,390
$5,175,000
$1,481,300
$6,656,300
-
$5,175,000
$1,481,300
$6,656,300

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