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    3204 Pacific Ave Everett, WA 98201

    Sponsored
    For Sale
    $4,975,000

    I-5 Gateway, Multi-Use Zoned, 5.77 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 5.77-acre commercial development site presents a unique investment opportunity in Everett, WA. Strategically located at 3204 Pacific Avenue, this property boasts an enviable I-5 Gateway location (Exit 193), providing unparalleled visibility and accessibility. The site is just six blocks from the future light rail station, ensuring convenient transit options for employees and customers. Currently zoned MU, L1, this versatile property allows for a wide range of uses, including industrial, business, commercial, and multifamily developments. Existing shop and office buildings are on the site, offering potential for immediate income or redevelopment. All essential utilities—sewer, water, and power—are readily available. The property comprises five tax parcels and offers breathtaking riverfront and mountain views. Adding to its appeal is the availability of maritime use and a barge facility. For developers seeking flexibility, the property is divisible into two 2-acre parcels, allowing for tailored development plans. This prime location, combined with its diverse zoning and utility access, makes this an exceptional opportunity for significant commercial growth. The property's size and location make it ideal for a variety of large-scale projects.

    Property Features for 3204 Pacific Ave

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1879
    Latitude
    47.97641

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    FAQs

    What type of property is this?
    Commercial real estate - I-5 Gateway, Multi-Use Zoned, 5.77 Acres
    Where is this commercial real estate located?
    The property is located at 3204 Pacific Ave Everett, WA.
    What is the asking price?
    The asking price for this property is $4,975,000.
    (425) 397-0555
    Request Owner's contact information
    3204 Pacific Ave Everett, WA 98201
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    Everett, WA 98201
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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
    3204 Pacific Ave Everett, WA 98201
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