Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    701 2Nd St Snohomish, WA 98290

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fuel station and convenience store in Snohomish, WA for sale.

    We can help!

    Listing Contact
    Stren Lea
    Stren Lea
    Source: Lee-associates

    Listing Agency: Lee & Associates Commercial Real Estate Services Listing Agent: Stren Lea

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

    Learn more

    Overview

    Texaco Fuel Station & ExtraMile

    The Texaco fuel station and ExtraMile convenience store is available for sale. The property is located at 701 2nd Street in Snohomish, WA 98290. Situated in the commercial center of Snohomish, WA, the site benefits from high visibility and traffic. The location captures commuter, family, and tourist traffic, ensuring customer flow and repeat visits. Fuel sales have been continuous since 1923. The site was rebuilt in 2020-2021 with a new fuel pad, double-wall fiberglass tanks, EMV-compliant, high-speed dispensers, and tap to pay system. The convenience store was renovated in 2021 with a layout and new coolers. There are opportunities for adding an espresso stand and propane. The site was inspected during the 2020 tank replacement, and no known environmental issues were found.
    Location Intelligence

    Current Use by Public Records

    Baker's Mini-Mart Grocery & Convenience Store Texaco Gas Station ATM Atm EM ExtraMile Grocery & Convenience Store

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Snohomish
    County
    Snohomish
    State
    Washington
    Longitude
    -122.0908818
    Latitude
    47.9125709

    Nearby Similar for Sale

    • $2,800,000

      Historic Snohomish NNN Investment Property

      100% leased, four-tenant NNN property in historic downtown Snohomish.
      1118 1St St, Snohomish, WA 98290
      View Details
    • Contact for pricing

      Commercial Building on Avenue D

      1580 SF commercial building with high visibility and parking.
      712 Avenue D, Snohomish, WA 98290
      View Details
    • $475,000
      620 SF

      Established Retail Space in Snohomish

      Retail space with potential for various business uses.
      603 2Nd St, Snohomish, WA 98290
      View Details
    • $1,150,000

      Snohomish Warehouse Near Downtown

      2,600 SF warehouse with great visibility near downtown Snohomish.
      121 Avenue, Snohomish, WA 98290
      View Details
    • $665,000
      1,185 SF

      Commercial Parcel in Historic Downtown

      Improved commercial parcel suitable for retail use in Snohomish.
      118 Avenue, Snohomish, WA 98290
      View Details
    • Contact for pricing

      Snohomish Specialty Property For Sale

      Specialty property available for purchase in Snohomish, Washington.
      620 2Nd St, Snohomish, WA 98290
      View Details
    • $475,000
      620 SF

      Established Retail Space in Snohomish

      Retail space with potential for office or service uses.
      603 2Nd St, Snohomish, WA 98290
      View Details
    • $1,200,000
      2,270 SF

      Historic Downtown Commercial Parcels Available

      Two commercial parcels available on primary commercial corridor in Snohomish.
      120 Avenue, Snohomish, WA 98290
      View Details
    • $6,750,000
      5,472 SF

      Snohomish Industrial Acreage Opportunity

      Large acreage near downtown Snohomish with industrial zoning and buildings.
      9525 99Th Ave SE, Snohomish, WA 98290
      View Details
    • Contact for pricing

      All-Age Community on 0.91 Acres

      9-space community near Pilchuck Park, offering investment opportunities.
      165 Cypress Ave, Snohomish, WA 98290
      View Details
    • $2,300,000
      1,580 SF

      Snohomish Retail Investment Opportunity

      Prime Avenue D location, high traffic, 1580 sq ft.
      712 Avenue D, Snohomish, WA 98290
      View Details
    • Contact for pricing

      All-Age Community on 0.91 Acres

      9-space community near Pilchuck Park, offering investment opportunities.
      165 Cypress Ave, Snohomish, WA 98290
      View Details

    FAQs

    What type of property is this?
    Gas station - Fuel station and convenience store in Snohomish, WA for sale.
    Where is this gas station located?
    The property is located at 701 2Nd St Snohomish, WA.
    What are key features of this property?
    This property features: - High-visibility, high-traffic location in the commercial center of Snohomish, WA.; - Proven location with continuous fuel sales since 1923, indicating a loyal and long-standing customer base.; - **Completely rebuilt in 2020-2021 with new fuel pad, double-wall fiberglass tanks, EMV-compliant, high-speed dispensers, & tap to pay system.**
    (215) 917-1742
    Request Owner's contact information
    701 2Nd St Snohomish, WA 98290
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 2Nd St
    Snohomish, WA 98290
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    701 2Nd St Snohomish, WA 98290
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Stren Lea
    Stren Lea
    Real Estate License ID: #121073
    (215) 917-1742 (206) 773-2672 (206) 826-5756
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!