4406 36Th AveSeattle, WA 98126

  • Retail properties
  • 2,118 SF
For Lease
$12/SF/YR View listing

Property Details for 4406 36Th Ave

Year built
1930
Construction
WOOD
Lot size
0.84 AC
Property size (Sq ft)
2,118 SF
Zone code
NC3-75 (M)
Property type
Retail properties
Property subtype
Retail space
APN
095200-4355
APU
952004355

Description

This exceptional West Seattle property offers a rare combination of warehouse and secure yard space, ideal for various industrial uses. The single-tenant warehouse building encompasses 2,819 square feet, situated on a generous 18,607 square foot lot. Constructed in 1985, this one-story building provides ample space for storage, operations, or a combination thereof. The property boasts convenient access via a private driveway off 36th Ave SW, providing easy access to and from Fauntleroy Way. Its strategic location offers proximity to major port facilities and e-commerce corridors, making it an attractive option for businesses needing efficient logistics. The expansive yard area, approximately 20,000 square feet, provides additional space for equipment storage, material handling, or outdoor operations. The asking rate is $1 per square foot per month, and flexible lease terms are available. This property presents a unique opportunity for businesses seeking a well-located, functional, and secure industrial space in the thriving West Seattle market. The property is located in King County.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $842,510
    6.5%
    $777,702
    7%
    $722,151
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,431,288
    Geo Method
    $1,027,869
  • Alternative Use

    Use
    Valuation
    Residential
    $656,020
    Hospitality
    $600,911
    Educational
    $499,951
    Medical
    $517,145
    Retail
    $777,702
4406 36Th Ave, Seattle, Washington

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.5635
Longitude
-122.377
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
$74,179
$8,280,000
$1,000
$8,281,000
-
$8,280,000
$1,000
$8,281,000

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