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    16311 Smokey Point Blvd Arlington, WA 98271

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    For Sale
    $3,790,000

    Versatile industrial property with value-add potential in Marysville, WA.

    Property size:
    28,048 SF

    Property Features for 16311 Smokey Point Blvd

    General Information

    Standard status
    Active
    Size
    28,048 SF

    Building Details

    Year built
    1979

    Source: KIDDER MATHEWS Agent ERIK SWANSON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Smokey Point Light Industrial Investment

    Located at 16311 Smokey Point Boulevard, Marysville, WA 98271, Smokey Point Light Industrial offers an investment opportunity in a versatile industrial property. The site features approximately 28,048 square feet of gross leasable space distributed across seven buildings, situated on a parcel of approximately 4.31 acres. The property is currently 78% occupied by multiple tenants. There is potential for value-add opportunities through lease adjustments or re-tenanting. The building configuration is suitable for an owner-user seeking to defray operational expenses through existing cash flow.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1824208
    Latitude
    48.1450446

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    FAQs

    What type of property is this?
    Industrial property - Versatile industrial property with value-add potential in Marysville, WA.
    Where is this industrial property located?
    The property is located at 16311 Smokey Point Blvd Arlington, WA.
    What is the asking price?
    The asking price for this property is $3,790,000.
    What are key features of this property?
    This property features: - Value-add opportunity through lease adjustments or re-tenanting due to below-market rents.; - Versatile industrial property with approximately 28,048 square feet of gross leasable space.; - Strategically located in the path of progress at 16311 Smokey Point Boulevard, Marysville, WA 98271.
    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
    16311 Smokey Point Blvd Arlington, WA 98271
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