Versatile Industrial Buildings with I-5
For Sale
$2,650,000
Pending
2810 34th St, Everett, WA 98201
Two-building industrial property with flexible space and convenient highway access.
Property Size8,958 SF
Lot Size1.35 Acres
Days on Market235
Property Features for 2810 34th St
General Information
Standard status
Pending
Size
8,958 SF
Lot size
1.35 Acres
Property subtype
Commercial
Building Details
Year Built
1958
Listing Agency:
THE ANDOVER COMPANY, INC.
(602) 708-6589
Listed By:
JOSHUA KLEIN · License ##20123086
Source:
Corcoran
Added: Dec 8, 2025
Changed: Jul 10
Last Checked: Jul 23 at 7:49AM
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 THE ANDOVER COMPANY, INC.
Investment Insights
Based on property information with market context.
This property features two buildings with a total size of 8,958 square feet, situated on a 1.35-acre lot. Building 1 encompasses 6,640 square feet, while Building 2 offers 2,318 square feet. The buildings have a clear height of 12 to 16 feet and include six grade-level doors. The property is zoned LI-MU (Light-Industrial | Mixed Use) and has great access to I-5 and US 2. The parcel number is 29052900101000.
Key Highlights
- Great access to I5 and US 2
- Zoning: LI‑MU (Light‑Industrial | Mixed Use)
- Total Building Size: 8,958 SF
Financial Insights For Flex RnD
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 | $225.7k | $25.20 |
| − Vacancy | −$18.1k | −$2.02 |
| EGI | $207.7k | $23.18 |
| − OpEx | −$72.7k | −$8.11 |
| NOI | $135.0k | $15.07 |
8,958 SF · lease $25.20/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.93M
$1.69M – $2.25M
NOI $134,993 @ 7.0% cap · market cap 5.09%
Second Best
Warehouse
$1.43M
$1.25M – $1.67M
NOI $100,251 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$2.97M
$2.59M – $3.46M
NOI $207,562 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,754
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98201, WA
30,421
Population
15,196
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
91%
High-School Grad
18.8 sq mi
ZIP Area
1,618
Density / Sq Mi
$73,822
Median Household Income
$48,830
Median Earnings
$1,443
Median Rent
$476,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Barry's Catering — 1606 Hewitt Ave, Everett, WA 98201
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Frequently Asked Questions
What type of property is this?
Flex space - Two-building industrial property with flexible space and convenient highway access.
Where is this flex space located?
The property is located at 2810 34th St Everett, WA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Great access to I5 and US 2; Zoning: LI‑MU (Light‑Industrial | Mixed Use); Total Building Size: 8,958 SF
