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    9308 Padilla Heights Rd Anacortes, WA 98221

    Sponsored
    For Sale
    $1,350,000

    Prime Hwy 20 location, 3+ acres, 2560 sq ft house

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Anacortes property offers a unique investment opportunity. The offering includes over three acres of prime commercial/industrial land strategically located near the controlled intersection of Highway 20 and Reservation Road. A 2560 square foot, three-bedroom house sits on the property, presenting immediate use or potential redevelopment options. The property benefits from flexible light industrial zoning, allowing for a variety of commercial and industrial uses. This high-growth area provides excellent access to the busy Highway 20 corridor, ensuring high visibility and convenient transportation links. The property's location offers significant potential for development and expansion. Furthermore, the seller owns an additional five contiguous parcels totaling approximately thirteen acres of light industrial land. These parcels are available for purchase, either individually or as a package, to accommodate larger-scale projects. This presents a rare chance to acquire a substantial land holding in a thriving commercial area, offering significant flexibility and growth potential. The combination of existing improvements and expansive land area makes this a truly exceptional opportunity.

    Property Features for 9308 Padilla Heights Rd

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1997
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Wholesale Shop Building Supply Clothing Store Hotel & Motel Auto Parts Store Food Market Auto Repair Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Anacortes
    County
    Skagit
    State
    Washington
    Longitude
    -122.5413
    Latitude
    48.4615

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hwy 20 location, 3+ acres, 2560 sq ft house
    Where is this commercial real estate located?
    The property is located at 9308 Padilla Heights Rd Anacortes, WA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    (360) 671-9640
    Request Owner's contact information
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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
    9308 Padilla Heights Rd Anacortes, WA 98221
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