$2,000,000
Est. $11,078/mo14045 Midvale Avenue N, Shoreline, WA 98133
• Listed Aug 18, 2026•28 days active · 28 cumulative
Listing Broker: Paragon Real Estate Advisors; Brian D. Platt; 206-812-9130; brianp@paragonrea.com
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Listing Broker: Paragon Real Estate Advisors; Brian D. Platt; 206-812-9130; brianp@paragonrea.com
About this home
The offering consists of two freestanding industrial buildings totaling 8,000 square feet (4,000 square feet each) on a 17,850 square foot lot zoned C1-75. Both buildings are of prefabricated metal construction with 18 foot clear heights and metal roofs, and are both occupied on separate net leases. The buildings were constructed in 1987. The site’s C1-75 zoning carries a 75 foot height limit, giving a future owner optionality beyond the current industrial use. The two building configuration, secured entry gate, and separately metered utilities also make the property well suited to an owner/user who wants to occupy one building and hold income from the second. Twenty open surface parking stalls serve the site, which sits within easy access to public transportation and close to restaurants, grocery stores, and other North Seattle services. The Midvale Industrial Buildings represent a rare opportunity to acquire a large, high-rise-zoned parcel in a premier urban location with both current income and transformative redevelopment upside. The combination of scale, zoning, transit access, and visibility makes this offering well suited for investors, developers, or family offices seeking a strategic foothold in one of Seattle’s oldest and most established neighborhoods.
Listed by Brian D. Platt • Paragon Real Estate Advisors
Listing updated: September 22, 2026 at 06:41pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2570269
Around this home
How much should you offer?
14045 Midvale Avenue N, Shoreline, WA 98133
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Industrial
Flooring
- Concrete
Heating & cooling
- None cooling
Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Year built
- 1987
Parking & site
- Acres
- 0.41 acres
- Lot square feet
- 17,850 sq ft
- Zoning jurisdiction
- City
Income & lease
- Gross scheduled income
- $126,393
- Net operating income
- $100,166
- Cap rate
- 5.01%
- Total expenses
- $26,227
Taxes & terms
- Annual taxes
- $18,324
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
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Sales & Tax Records for 14045 Midvale Avenue N
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Aug 18, 2026ListedNWMLS via MLS Grid · #2570269$2,000,000
- Jun 8, 2017Recorded saleKing County recorder · Statutory warranty deed$900,000
- Oct 9, 1985Recorded saleKing County recorder · Warranty deed$95,000
Mortgage payment forecast
$13,105 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Paragon Real Estate Advisors; Brian D. Platt; 206-812-9130; brianp@paragonrea.com
Market pulse
Shoreline is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 61 days.
Recent sales nearby
Within 1 mile · last 6 months$875,000 Sold
4 days ago
4 bd•1.75 ba•~1,650 sq ft•Single Family
15520 Burke Avenue N, Shoreline, WA 98133
2%
Under list
23
Days on market
0.8 mi
Distance
$790,000 Sold
4 days ago
3 bd•2.5 ba•~1,820 sq ft•Single Family
14032 Wayne Place N, Seattle, WA 98133
1%
Over list
22
Days on market
0.4 mi
Distance
$829,000 Sold
1 week ago
3 bd•1.75 ba•~1,939 sq ft•Single Family
610 N 125th Street, Seattle, WA 98133
0%
Over list
89
Days on market
0.9 mi
Distance
$800,000 Sold
1 week ago
3 bd•1.75 ba•~1,830 sq ft•Single Family
2327 N 140th Street, Seattle, WA 98133
7%
Over list
26
Days on market
0.7 mi
Distance
$679,000 Sold
2 weeks ago
2 bd•1 ba•~980 sq ft•Single Family
14834 Interlake Avenue N, Shoreline, WA 98133
0%
Over list
16
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 20, 2026 at 4:42 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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