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9883 40th Avenue South

Off-Market

9883 40th Avenue South, Seattle, WA 98118

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 35,132 SF
  • Lot Size 2.52 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1979

Location

  • City Seattle, WA
  • Neighborhood South Beacon Hill
  • Zip Code 98118
  • Market Seattle

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 21 Jun, 2006
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Seattle

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Seattle Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $41.40
  • 2020 Office Vacancy Rate 10.70%
  • 2020 Office Completions (SF) 2,507,003

Seattle Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $848.55
  • 2020 Office Sales Volume $1.6B
  • 2020 Number of Transactions 12
View more Seattle market trends

Tax

  • Property Tax in 2022 $62,290
  • Market Value* $7,054,800
  • Assessed Value $7,054,800

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 9883 40th Avenue South?

9883 40th Avenue South totals 35,132 square feet.

When was this property built?

9883 40th Avenue South was built in 1979.

When was 9883 40th Avenue South last sold?

9883 40th Avenue South was last sold on 21 Jun, 2006.

What is the property tax for 9883 40th Avenue South?

The property tax for 9883 40th Avenue South in 2022 was $62,290.

What is the market value for 9883 40th Avenue South?

The market value* for 9883 40th Avenue South in 2022 was $7,054,800.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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