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

    3000 Frontage Rd Everett, WA 98205

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $0.12 SF/Yr

    40 acres of commercial land for lease, divisible to 2.

    Property size:
    40 SF
    Lot size:
    40 SF

    Property Features for 3000 Frontage Rd

    General Information

    Standard status
    Active
    Size
    40 SF

    We can help!

    Listing Contact
    Erik Larson
    Erik Larson
    Source: Cbre

    Listing Agency: CBRE Listing Agent: Erik Larson

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

    Learn more

    Overview

    40 Acres of Commercial Land

    This commercial land listing features approximately 40.0 acres, divisible to 2.0 acres. The surface is graded and rolled, consisting of 12 inches of crushed concrete topped with 5/8 inch crushed rock. The property offers potential for direct access to the Osprey Logistics private port. Convenient access to I-5 and SR-529 is available. The asking rate is $0.15-$0.18 per square foot per month, on a gross lease basis, presenting a rare yard storage opportunity.
    Location Intelligence

    Current Use by Public Records

    Pacific Topsoils, Inc. Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Snohomish
    State
    Washington
    Longitude
    -122.10582
    Latitude
    48.00453

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      WA, Everett - Airport Rd

      Discover many ways to work your way in WA, Everett - Airport Rd
      11400 Airport Rd, Everett, WA 98204
      View Details
    • $2,812 /Mo
      1,467 SF

      Medical Office Space Available

      High-visibility medical office building near downtown Everett with ample parking.
      3327 Colby Ave, Everett, WA 98201
      View Details
    • $25,098,375
      15,810 SF

      Mixed-Use Building in Downtown Everett

      Standalone mixed-use building with warehouse, office, and showroom space.
      2812 Rucker Ave, Everett, WA 98201
      View Details
    • $33,422
      22,281 SF

      Secured Industrial Buildings with Yard

      Two industrial buildings with surplus yard, available immediately for lease.
      10910 Holly Dr, Everett, WA 98204
      View Details
    • $15,334 /Mo
      7,667 SF

      Everett Intermodal Transit Hub Space

      Four-story transit hub with offices, event spaces, and amenities.
      3201 Smith Ave, Everett, WA 98201
      View Details
    • Contact for pricing

      Everett Office and Retail Space

      Office and retail space available near Paine Field Airport.
      906 Southeast Everett Mall Way, Everett, WA 98208
      View Details
    • $18,217 /Mo
      10,974 SF

      Everett Flex Space with Office

      10,974 SF flex building with warehouse and office space.
      3727 Mcdougall Ave, Everett, WA 98201
      View Details
    • Contact for pricing

      Office Space Near Everett Mall

      Office space with excellent access and nearby amenities for lease.
      1000 Southeast Everett Mall Way, Everett, WA 98208
      View Details
    • $9,396 /Mo
      6,443 SF

      Everett Retail Space For Rent

      Large, renovated retail space in busy Everett location.
      5305 Evergreen Way, Everett, WA 98203
      View Details
    • Contact for pricing

      Everett Warehouse with Highway Access

      Warehouse with office space, loading docks, and highway access.
      11410 Beverly Park Rd, Everett, WA 98204
      View Details
    • $2,000 /Mo
      1,000 SF

      Retail Space Near Everett Mall

      Retail space available near the renovated Everett Mall.
      1201 Everett Mall Way, Everett, WA 98208
      View Details
    • $19,250 /Mo
      10,500 SF

      Retail Space Near Everett Mall

      Retail space available near the renovated Everett Mall.
      1201 Everett Mall Way, Everett, WA 98208
      View Details

    FAQs

    What type of property is this?
    Commercial land - 40 acres of commercial land for lease, divisible to 2.
    Where is this commercial land located?
    The property is located at 3000 Frontage Rd Everett, WA.
    What is the lease rate?
    The lease rate is $0.12 SF/Yr.
    What are key features of this property?
    This property features: - Rare yard storage opportunity; - Potential for direct access to Osprey Logistics private port; - Easy access to I-5 and SR-529
    (425) 462-6954
    Request Owner's contact information
    3000 Frontage Rd Everett, WA 98205
    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.
    3000 Frontage Rd
    Everett, WA 98205
    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
    3000 Frontage Rd Everett, WA 98205
    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
    Erik Larson
    Erik Larson
    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!