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    3204 Pacific Ave Everett, WA 98201

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    For Sale
    $4,975,000

    Commercial development site near I-5 and future light rail.

    Property size:
    251,341 SF
    Lot size:
    5.77 Acres

    Property Features for 3204 Pacific Ave

    General Information

    Size
    251,341 SF
    Lot size
    5.77 Acres

    Source: Northland Real Estate Agent Sandra Pelan

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

    Overview

    5.77 Acres Development Site

    This 5.77-acre commercial development site is located near the I-5 Gateway to Everett, specifically at Exit 193 Pacific Avenue, and is situated six blocks from the future light rail. The property includes an existing shop and offices. Essential utilities such as sewer, water, and power are available on site. The site comprises five tax parcels with a combination of MU zoning and approximately 2.5 acres of L1 Light Industrial Zoning. The MU zoning permits business, commercial, and multifamily developments. The property offers riverfront and mountain views, with potential for maritime use and a barge facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -122.1879644
    Latitude
    47.9761846

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    FAQs

    What type of property is this?
    Land - Commercial development site near I-5 and future light rail.
    Where is this land 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.
    What are key features of this property?
    This property features: - 5.77 acre commercial development site with MU and L1 zoning.; - I-5 Gateway location (Exit 193) near future Light Rail.; - MU zoning allows Business, Commercial, and Multifamily development.
    (425) 397-0555
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    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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