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Mount Vernon Industrial Portfolio Sale
For Sale
$30,971,000

13279 Farm to Market Rd, Mount Vernon, WA 98273

229,900 SF industrial buildings on 90.59 acres for sale.

Property SizeContact for details
Days on Market746

Property Features for 13279 Farm to Market Rd

General Information

Standard status Active
Listing Agency: KIDDER MATHEWS
Listed By: ERIK SWANSON · License #82677
Source: Corcoran
Added: Aug 29, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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 KIDDER MATHEWS

Investment Insights

Based on property information with market context.

This receivership sale features 229,900 square feet of industrial buildings situated on 90.59 acres. Zoned for heavy industrial uses within the Bayview Ridge Heavy Industrial (BR-HI) zoning district, the property is divided into 10 parcels, available for individual purchase or as a portfolio. The current tenant mix includes a diverse range of local, regional, and national tenants, including Waste Management, Republic Services, Lautenbach Recycling, Skagit Soils, Euclid Chemical, Gielow Pickles, Chemtrade Sulex, and Wilbur-Ellis. The southern portion of the property is serviced by a BNSF rail spur, featuring an intermodal truck-to-train transfer station currently leased by Republic Services. The railroad serves Island and Skagit counties for daily solid waste transfer to the Columbia River.

Key Highlights

  • Substantial Size: 229,900 square feet of industrial buildings on 90.59 acres.
  • Heavy Industrial Zoning: Zoned BR‑HI, allowing for heavy industrial uses.
  • BNSF rail spur with intermodal truck‑to‑train transfer station.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick HVAC Service Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 98273, WA

31,243
Population
11,991
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
87%
High-School Grad
83.9 sq mi
ZIP Area
372
Density / Sq Mi
$74,247
Median Household Income
$42,168
Median Earnings
$1,171
Median Rent
$448,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - 229,900 SF industrial buildings on 90.59 acres for sale.
Where is this industrial property located?
The property is located at 13279 Farm to Market Rd Mount Vernon, WA.
What is the asking price?
The asking price for this property is $30,971,000.
What are key features of this property?
This property features: Substantial Size: 229,900 square feet of industrial buildings on 90.59 acres.; Heavy Industrial Zoning: Zoned BR‑HI, allowing for heavy industrial uses.; BNSF rail spur with intermodal truck‑to‑train transfer station.
More about this property
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