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    502 State Ave Marysville, WA 98270

    For Sale
    $1,300,000

    High-traffic location, strong tenants, great investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional commercial property, located at 502 State Avenue in Marysville, WA, presents a unique investment opportunity. Boasting a highly visible location with an estimated 25,000 cars passing daily, this building benefits from a prominent monument sign featuring an electronic reader board – a rare feature on State Avenue. Its strategic placement, just one block from the main thoroughfare leading to I-5, ensures exceptional visibility and accessibility. The upcoming construction of a northbound I-5 off-ramp at the south end of State Avenue will further enhance its prominence and attract even more traffic. The building is situated directly across from the Marysville City Hall complex and Comford Park, providing a desirable and convenient location for businesses and employees. The property is well-maintained and currently houses stable tenants with strong leases that include annual rent increases, ensuring a consistent and reliable income stream. This makes it an attractive investment for those seeking a solid return on investment in a thriving community. The property's size is not specified, but its prime location and features make it a highly sought-after commercial asset. The asking price is $1,300,000.

    Property Features for 502 State Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1992
    Property Profile Location Intelligence

    Current Use by Public Records

    Center for Independence Disability Services And Support Organization Tax Street Tax Preparation Service Marysville Travel Travel Agency Eagle Country Construction ... Construction Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1765
    Latitude
    48.05302

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, strong tenants, great investment.
    Where is this commercial real estate located?
    The property is located at 502 State Ave Marysville, WA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (425) 637-7777
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 State Ave Marysville, WA 98270
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