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    Tjerne Pl Monroe, WA 98272

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    For Sale
    Contact for pricing

    Commercial and residential development opportunity in Monroe, Washington.

    Property size:
    11 SF
    Lot size:
    11.04 Acres

    Property Features for Tjerne Pl

    General Information

    Size
    11 SF
    Lot size
    11.04 Acres

    Source: Chris Peterson, SIOR, CCIM Agent Chris Peterson, SIOR, CCIM

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

    Overview

    Monroe Land Development Opportunity

    Tjerne Place is a development opportunity suitable for commercial and residential uses. It is located in a well-established commercial district in Monroe, Washington, with direct access to US Highway 2. The City has revisited its past development plans and has remade and re-envisioned Tjerne Place in an effort to further stimulate development on the last remaining sector for commercial development within the North Kelsey area. The property size is 11 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Monroe
    County
    Snohomish
    State
    Washington
    Longitude
    -121.974968
    Latitude
    47.862589

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    FAQs

    What type of property is this?
    Land - Commercial and residential development opportunity in Monroe, Washington.
    Where is this land located?
    The property is located at Tjerne Pl Monroe, WA.
    What are key features of this property?
    This property features: - Excellent development opportunity for commercial and residential uses.; - Located in the heart of a well-established commercial district in Monroe, Washington.; - Direct access to the development off of US Highway 2.
    (425) 417-7983
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    Tjerne Pl Monroe, WA 98272
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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
    Tjerne Pl Monroe, WA 98272
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