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    32531 138Th St SE Sultan, WA 98294

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    For Sale
    $899,000

    Large lot in Sultan, WA, with existing house and development potential.

    Property size:
    103,673 SF

    Property Features for 32531 138Th St SE

    General Information

    Standard status
    Active
    Size
    103,673 SF

    Building Details

    Year built
    1990

    Source: COLDWELL BANKER COMMERCIAL DANFORTH Agent MICHAEL FEAR

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

    Overview

    Sultan Land with Development Potential

    This property, located in the City of Sultan, is zoned Neighborhood Commercial Overlay, which allows for the construction of up to 5 additional structures. The zoning permits various uses, including retail, office space, and single or multi-family housing. The property currently features an existing house with 3 bedrooms and 2 bathrooms. While the house is in generally good condition, it requires some renovation work. Essential utilities such as sewer, water, gas, and internet are available at the property. The property size is 103673 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mind Body Float Meditation Center

    Suggested Use

    Realty agency Restaurant Spa & Massage Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Wholesale Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Sultan
    County
    Snohomish
    State
    Washington
    Longitude
    -121.7948147
    Latitude
    47.8739611

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    FAQs

    What type of property is this?
    Commercial land - Large lot in Sultan, WA, with existing house and development potential.
    Where is this commercial land located?
    The property is located at 32531 138Th St SE Sultan, WA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Zoned Neighborhood Commercial Overlay: Allows for multiple uses.; - Potential for 5 Additional Structures: Significant development opportunity.; - Existing 3 BR, 2 Bath House: Provides immediate occupancy or rental income.
    Request Owner's contact information
    32531 138Th St SE Sultan, WA 98294
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    Sultan, WA 98294
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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
    32531 138Th St SE Sultan, WA 98294
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