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    499 NE Midway Blvd Oak Harbor, WA 98277

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    For Sale
    $1,400,000

    Office building with long-term leases, low maintenance, and great tenants.

    Property size:
    8,950 SF
    Lot size:
    0.28 Acres

    Property Features for 499 NE Midway Blvd

    General Information

    Size
    8,950 SF
    Lot size
    0.28 Acres

    Source: Windermere R.E./Whidbey Management Services Agent Jason McFadyen

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

    Overview

    Well-Maintained Office Building For Sale

    This is a well-maintained office building featuring long-term leases and a history of low maintenance. The property is currently occupied by quality tenants. The building includes two suites, each containing multiple offices. Private bathrooms are available, along with a locker room and showers. Conference and break rooms are also included. The property features a garage and ample parking. The building has a total size of 8,950 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Corrections-Probation & Parole Prison Valdez Construction, Inc General Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Harbor
    County
    Island
    State
    Washington
    Longitude
    -122.6439903
    Latitude
    48.3020049

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    FAQs

    What type of property is this?
    Office building - Office building with long-term leases, low maintenance, and great tenants.
    Where is this office building located?
    The property is located at 499 NE Midway Blvd Oak Harbor, WA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Long-term leases in place.; - Very low maintenance.; - Multiple offices in each suite.
    (360) 672-0695
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    499 NE Midway Blvd Oak Harbor, WA 98277
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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
    499 NE Midway Blvd Oak Harbor, WA 98277
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