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

    2431 State Route 530 Arlington, WA 98223

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    10 acres of commercial land with high traffic volume.

    Lot size:
    10.26 Acres

    Property Features for 2431 State Route 530

    General Information

    Standard status
    Active
    Lot size
    10.26 Acres

    We can help!

    Listing Contact
    Dave Nelson
    Dave Nelson
    Source: Corcoran

    Listing Agency: DAVE NELSON REAL ESTATE Listing Agent: Dave Nelson

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

    Learn more

    Overview

    Prime Commercial Land For Sale

    This property features 10 acres of prime commercial land situated on State Route 530 at Exit 208 in Arlington, Washington. Located east of Interstate 5 and across from the Pilot Truck stop, the site intersects with Smokey Point Boulevard. The location benefits from substantial traffic volume, with approximately 20,000+ cars per day on State Route 530 and approximately 70,000+ cars per day on Interstate 5. Currently, an espresso stand operates on the southeast corner, generating a rental income of $1,000 per month. The property benefits from easy permitting processes through the City of Arlington, making it suitable for various commercial developments.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Department Store Food Market Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1977579
    Latitude
    48.1892918

    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 98223
      View Details
    • Contact for pricing
      924,080 SF

      924,080 SF Industrial Park

      Five-building industrial park with manufacturing and distribution options.
      174Th Ave, Arlington, WA 98223
      View Details
    • $4,000,000
      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
    • 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 98223
      View Details
    • Contact for pricing
      3,826 SF

      Arlington Office Building For Sale

      Versatile office building near Cascade Valley Hospital.
      902 E Maple St, Arlington, WA 98223
      View Details
    • $4,900,000

      Arlington Airport Runway Access Facility

      28,750 SF facility with direct runway access.
      17922 59Th Dr NE, Arlington, WA 98223
      View Details
    • $4,000,000
      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
    • Contact for pricing
      Pending

      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
    • $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
    • Contact for pricing
      95 SF

      Arlington Industrial Manufacturing Space

      Industrial manufacturing space built in 2019 with quality improvements.
      6015 180Th St NE | Arlington, Arlington, WA 98223
      View Details
    • Contact for pricing

      Smokey Point Mixed-Use Property

      Mixed-use property with frontage on Smokey Point Boulevard.
      18026 Smokey Point Blvd, Arlington, WA 98223
      View Details
    • $3,500,000
      4,466 SF

      Arlington Estate with Wedding Venue

      30-acre estate featuring a wedding venue and agricultural land.
      21916 7Th Ave, Arlington, WA 98223
      View Details

    FAQs

    What type of property is this?
    Commercial land - 10 acres of commercial land with high traffic volume.
    Where is this commercial land located?
    The property is located at 2431 State Route 530 Arlington, WA.
    What are key features of this property?
    This property features: - Prime commercial land on State Route 530 at I-5 exit 208.; - High traffic volume: approx. 20,000+ cars per day on State Route 530 and 70,000+ cars per day on I-5.; - Easy permitting through the City of Arlington.
    (425) 319-3100
    Request Owner's contact information
    2431 State Route 530 Arlington, WA 98223
    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.
    2431 State Route 530
    Arlington, WA 98223
    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
    2431 State Route 530 Arlington, WA 98223
    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
    Dave Nelson
    Dave Nelson
    (425) 319-3100
    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!