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    Agricultural Building with Rail Spur Title is generated by Realmo AI

    17413 Hwy 20, Burlington, WA

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    9,221 SF agricultural building on 2.97 acres with rail.

    Type:INDUSTRIAL
    Property size:
    9,221 SF
    Lot size:
    2.97 Acres
    Price / SF:
    $146/SF
    Added:
    Mar 25, 2025
    Days on Market:
    442
    Last Refresh:
    May 20 at 8:08 pm

    Property Features for 17413 Hwy 20

    General Information

    Standard status
    Active
    Size
    9,221 SF
    Lot size
    2.97 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Jarrod Ball
    Jarrod Ball

    Listing agent Jarrod Ball License #22026577

    Listing office Learned Commercial, Inc.

    Listing date Mar 25, 2025

    Source Moodyscre

    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 Learned Commercial, Inc.

    HighLights

    • 9,221 sf agricultural building on 2.97 AC with rail spur.
    • Truck grain receiving area and five grain storage tanks.
    • Includes truck scale and storage unit.
    • State Route 20 frontage.
    • Located 1.5 miles west of I‑5.
    • Zoned Ag‑NRL: Agricultural Natural Resource Lands.

    Overview

    The property features a 9,221 square foot agricultural building situated on approximately 2.97 acres. It includes a truck grain receiving area, five grain storage tanks, a truck scale, a storage unit, and a rail spur. The property has frontage on State Route 20 and is located 1.5 miles west of I-5. It is zoned Ag-NRL: Agricultural Natural Resource Lands and is located in an A7 flood zone.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $112.9k $12.24
    − Vacancy −$1.6k −$0.18
    EGI $111.2k $12.06
    − OpEx −$16.7k −$1.81
    NOI $94.5k $10.25
    9,221 SF · lease $12.24/SF/yr · vacancy 1.45% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.35M
    $1.18M – $1.58M (±1% cap)
    NOI $94,544 @ 7.0% cap · market cap 7.00%
    Second Best
    Industrial
    $1.11M
    $973.3K – $1.30M (±1% cap)
    NOI $77,860 @ 7.0% cap · market cap 5.77%
    Theoretical Best
    Office A
    $3.75M
    $3.28M – $4.38M (±1% cap)
    NOI $262,519 @ 7.0% cap · market cap 19.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Burlington
    County
    Skagit
    State
    Washington
    Longitude
    -122.325
    Latitude
    48.4757

    FAQs

    What type of property is this?
    Farm - 9,221 SF agricultural building on 2.97 acres with rail.
    Where is this farm located?
    The property is located at 17413 Hwy 20 Burlington, WA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 9,221 sf agricultural building on 2.97 AC with rail spur.; Truck grain receiving area and five grain storage tanks.; Includes truck scale and storage unit.
    (360) 855-8875 Call to check price and availability
    More about this property
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