Medical Office
For Sale
$650,000
1105 Dale Ln, Mount Vernon, WA 98274
Commercial building with a documented history as a veterinary practice.
Property Size1,456 SF
Price / SF$446.43
Days on Market47
Property Features for 1105 Dale Ln
General Information
Standard status
Active
Size
1,456 SF
Property subtype
Commercial
Building Details
Year Built
1992
Buildings
1
Listed By:
Moyer Real Estate
(206) 724-3810
Source:
Moyerrealestate
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 28 at 8:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moyer Real Estate
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Investment Insights
Based on property information with market context.
This 1,456-square-foot commercial building was constructed in 1992 and previously operated as a veterinary practice. The property is identified as medical office space and includes an established commercial layout within a manageable building footprint.
Located at 1105 Dale Ln in Mount Vernon, WA 98274, the property offers a documented former veterinary-use history for consideration by medical office or animal-care professionals. Its existing commercial configuration provides a defined starting point for evaluating the space.
Located at 1105 Dale Ln in Mount Vernon, WA 98274, the property offers a documented former veterinary-use history for consideration by medical office or animal-care professionals. Its existing commercial configuration provides a defined starting point for evaluating the space.
Key Highlights
- 1,456‑square‑foot commercial building
- Built in 1992
- Previously utilized as a veterinary practice
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,110
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,200
$622.2K
Cap Rate 7%
$444,429
$444.4K
Cap Rate 9%
$345,667
$345.7K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$52.2K $35.88/SF
− Vacancy
−$10.8K −$7.39/SF
EGI
$41.5K $28.49/SF
− OpEx
−$10.4K −$7.12/SF
NOI
$31.1K $21.37/SF
Area
Skagit County, WA
Vacancy
20.60%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$622,200
Cap Rate 7%
$444,429
Cap Rate 9%
$345,667
Alternative Uses
Best Use
Office B
$444.4K
$388.9K – $518.5K
NOI $31,110 @ 7.0% cap · market cap 4.79%
Second Best
Healthcare Medical
$150.5K
$131.7K – $175.6K
NOI $10,538 @ 7.0% cap · market cap 1.62%
Theoretical Best
Office A
$592.2K
$518.2K – $690.9K
NOI $41,452 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98274, WA
18,949
Population
7,868
Households
2.4
Avg Household Size
43
Median Age
33%
College-Educated
93%
High-School Grad
143.1 sq mi
ZIP Area
132
Density / Sq Mi
$93,762
Median Household Income
$46,724
Median Earnings
$1,716
Median Rent
$492,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Cedardale Veterinary Clinic — 1105 Dale Ln, Mount Vernon, WA 98274
Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial building with a documented history as a veterinary practice.
Where is this medical office space located?
The property is located at 1105 Dale Ln Mount Vernon, WA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1,456‑square‑foot commercial building; Built in 1992; Previously utilized as a veterinary practice
