17924 140Th AveWoodinville, WA 98072

  • Office properties
  • 9,760 SF
For Lease
$32/SF/YR View listing

Property Details for 17924 140Th Ave

Year built
2000
Construction
WOOD
Lot size
0.62 AC
Property size (Sq ft)
9,760 SF
Zone code
CBD
Property type
Office properties
Property subtype
Office buildings
APN
102605-9091
APU
1026059091

Description

This exceptional two-story, 8,368 square foot Class B office building, situated on a 0.62-acre lot in King County, presents a unique leasing opportunity. Built in 2000 and extensively renovated in 2023, the property boasts a modern aesthetic and efficient layout, ideal for a variety of professional uses. Currently, 2,203 square feet of space is immediately available for lease, perfect for an executive office suite or medical practice. The building features a total of approximately 1,000 square feet of parking, with a ratio of approximately 4 parking spaces per 1,000 square feet of building space. The property's multiple tenancy structure allows for flexibility and potential for expansion. Its strategic location in King County offers convenient access to major transportation routes and a thriving business community. The recent renovations ensure modern amenities and systems are in place, minimizing upfront capital expenditures for the tenant. This is an excellent opportunity to secure high-quality office space in a desirable location with ample parking. The building's versatile design caters to both executive office and medical office needs, making it an attractive option for a range of businesses. Don't miss this chance to establish your presence in this well-maintained and updated property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,632,612
    6.5%
    $2,430,103
    7%
    $2,256,524
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,966,779
    Geo Method
    $1,879,581
  • Alternative Use

    Use
    Valuation
    Residential
    $3,013,328
    Hospitality
    $2,760,192
    Educational
    $2,296,448
    Medical
    $2,375,426
    Retail
    $3,572,252
17924 140Th Ave, Woodinville, Washington

Location Insight

City
Woodinville
County
King
State
Washington
Latitude
47.7579
Longitude
-122.152
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
$23,994
$945,200
$1,668,900
$2,614,100
-
$945,200
$1,668,900
$2,614,100

FAQs

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