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

    18026 Smokey Point Boulevard #1 Arlington, WA 98223

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $425,000

    Mixed-use property with frontage on Smokey Point Boulevard.

    Type:Land or Vacant Lot
    Lot size:
    0.41 Acres
    Added:
    Jan 15, 2026
    Days on Market:
    96
    Last Refresh:
    Apr 5 at 10:00 pm

    Property Features for 18026 Smokey Point Boulevard #1

    General Information

    Standard status
    Active
    Lot size
    0.41 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    EMMETT C. LANE

    Listing agent EMMETT C. LANE

    Listing office HOMES & EQUITY REAL ESTATE GRP

    Listing date Jan 15, 2026

    Source Corcoran

    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 HOMES & EQUITY REAL ESTATE GRP

    Overview

    Smokey Point Mixed-Use Property

    This mixed-use property features 85 feet of frontage on Smokey Point Boulevard. It includes a 207-foot easement on the north side of the property that can be used for access. The property is zoned for mixed-use; buyers should verify zoning details.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Snohomish
    State
    Washington
    Longitude
    -122.184
    Latitude
    48.1605

    Nearby Similar for Sale

    • $1,350,000
      2,740 SF

      Arlington Retail Space For Sale

      Profitable spa and stove shop in a fantastic corner location.
      131 W Division St, Arlington, WA
      View Details
    • $1,350,000
      2,740 SF

      Arlington Retail Space For Sale

      Profitable spa and stove shop in a fantastic corner location.
      131 W Division St, Arlington, WA
      View Details
    • $2,225,000
      8,450 SF

      Retail Property in Growing Area

      Well-maintained retail property with long-term tenants in a growing area.
      7705 204th St NE, Arlington, WA 98223
      View Details
    • $3,895,000
      17,000 SF

      Smokey Point Multi-Use Space

      17,000 SF multi-use space in busy Smokey Point area.
      18824 Smokey Point Blvd, Arlington, WA
      View Details
    • $3,895,000
      17,000 SF

      Smokey Point Multi-Use Space

      17,000 SF multi-use space in busy Smokey Point area.
      18824 Smokey Point Boulevard, Arlington, WA 98223
      View Details
    • $1,332,215
      1,344 SF

      NNN Retail Investment Opportunity

      Single-tenant Jiffy Lube with stable income in Arlington, WA.
      17317 Smokey Point Blvd, Arlington, WA 98223
      View Details
    • $3,895,000
      17,000 SF

      Smokey Point Multi-Use Space

      17,000 SF multi-use space in busy Smokey Point area.
      18824 Smokey Point Blvd, Arlington, WA 98223
      View Details
    • $50,000

      Arlington Airport Hangar and Business

      Hangar and adjacent building at Arlington Municipal Airport.
      18824 59th Drive NE #A1&A20, Arlington, WA 98223
      View Details
    • $75,000
      4,295 SF

      Arlington Airport Hangar and Business Space

      Hangar and business space at Arlington Municipal Airport.
      18824 59th Dr NE, Arlington, WA 98223
      View Details
    • $1,350,000
      2,740 SF

      Arlington Retail Space For Sale

      Profitable spa and stove shop in a fantastic corner location.
      131 W Division St, Arlington, WA
      View Details
    • Contact for pricing
      13,200 SF

      Industrial Campus with Secured Yard

      Two-building industrial campus with large, secured yard area.
      19321 63rd Ave NE, Arlington, WA
      View Details
    • Contact for pricing
      924,080 SF

      924,080 SF Industrial Park

      Five-building industrial park with manufacturing and distribution options.
      Airport Blvd. 51st Ave NE & 174th Street, Arlington, WA 98223
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with frontage on Smokey Point Boulevard.
    Where is this mixed-use property located?
    The property is located at 18026 Smokey Point Boulevard #1 Arlington, WA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Great location!; 85' of Smokey Point frontage; Mix‑Used zoning (buyer to verify)
    (206) 719-2694
    We can help!
    Listing Contact
    EMMETT C. LANE
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!