17924 140Th AveWoodinville, WA 98072

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 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.

• 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

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

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