3623 6Th AveSeattle, WA 98134

  • Industrial properties
  • 73,335 SF
For Lease

Property Details for 3623 6Th Ave

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.26 AC
Property size (Sq ft)
73,335 SF
Zone code
IG1 U/85
Property type
Industrial properties
Property subtype
Distribution centers
APN
766620-4100
APU
7666204100

Description

This exceptional 50,000 square foot industrial property, located in Seattle's Georgetown/Duwamish North submarket, presents a unique investment opportunity. The single-tenant building, constructed in 1961 and classified as Class C, sits on a 50,000 square foot lot. Currently entirely vacant, this property offers immediate occupancy for a variety of manufacturing or distribution businesses. The property boasts a highly desirable IG1 zoning designation, providing flexibility for various industrial uses. Its strategic location, just six blocks from the Port of Seattle, offers unparalleled access to transportation and logistics networks. The site features a fully fenced and graveled lot, ensuring security and ease of operation. The building's substantial size and convenient location make it an ideal choice for businesses seeking a significant footprint in a prime South Seattle location. The property's Assessment Parcel Number (APN) is 766620-4100. Contact for lease rates and further details. This is a rare opportunity to secure a large, well-situated industrial property in a thriving Seattle submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $22,714,470
    Hospitality
    $20,806,332
    Educational
    $17,310,624
    Medical
    $17,905,964
    Retail
    $26,927,638
3623 6Th Ave, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.5702
Longitude
-122.327
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
$107,662
$5,898,000
$5,081,100
$10,979,100
-
$5,898,000
$5,081,100
$10,979,100

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