Light Industrial Flex
1101 Dale Ln Mount Vernon, WA 98274
For Sale
Contact for pricing
Commercial Light Industrial building features four 8-foot roll-up doors and office/reception areas.
Property Size5,400 SF
Lot Size0.36 Acres
Price / SF$166.48
Days on Market537
Property Features for 1101 Dale Ln
General Information
Standard status
Active
Size
5,400 SF
Lot size
0.36 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Skagit Tradition Realty, LLC
(360) 708-8294
Listed By:
Danya Wolf · License #01988
(360) 708-8294
Source:
Moodyscre
Added: Feb 6, 2025
Changed: Jul 25
Last Checked: Jul 27 at 12:42PM
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 Skagit Tradition Realty, LLC
Investment Insights
Based on property information with market context.
This Commercial Light Industrial flex building includes approximately 5,400 square feet of warehouse and shop space with light manufacturing as an option. The layout provides four reception areas and four 1/2 baths, with the remaining area configured for shop and warehouse use. Clear height is described as 10 feet throughout the building.
The property has four 8-foot roll-up doors and four entry (person) doors, supporting flexible access for operations. The location is described as near I-5 with easy access. Units C and D are currently under a one-year lease through December 31, 2026, at $3,000 per month plus utilities. A new steel roof is noted for 2026.
Zoned Commercial Light Industrial, the building offers a practical combination of customer-facing reception space and functional warehouse/shop capacity for businesses seeking light production flexibility.
The property has four 8-foot roll-up doors and four entry (person) doors, supporting flexible access for operations. The location is described as near I-5 with easy access. Units C and D are currently under a one-year lease through December 31, 2026, at $3,000 per month plus utilities. A new steel roof is noted for 2026.
Zoned Commercial Light Industrial, the building offers a practical combination of customer-facing reception space and functional warehouse/shop capacity for businesses seeking light production flexibility.
Key Highlights
- Zoned Commercial Light Industrial: 5,400 SF building on 0.3576 acres
- Four 8‑ft roll‑up doors plus four entry (person) doors for flexible access
- 10‑ft high ceilings throughout the building
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 | $66.1k | $12.24 |
| − Vacancy | −$958 | −$0.18 |
| EGI | $65.1k | $12.06 |
| − OpEx | −$9.8k | −$1.81 |
| NOI | $55.4k | $10.25 |
5,400 SF · lease $12.24/SF/yr · vacancy 1.45% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$791.0K
$692.1K – $922.8K
NOI $55,367 @ 7.0% cap · market cap 6.16%
Second Best
Industrial
$651.4K
$570.0K – $759.9K
NOI $45,596 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$2.20M
$1.92M – $2.56M
NOI $153,736 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Commercial Light Industrial building features four 8-foot roll-up doors and office/reception areas.
Where is this flex space located?
The property is located at 1101 Dale Ln Mount Vernon, WA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Zoned Commercial Light Industrial: 5,400 SF building on 0.3576 acres; Four 8‑ft roll‑up doors plus four entry (person) doors for flexible access; 10‑ft high ceilings throughout the building
