Insulated Workshop with Vehicle
3915 Silvana Terrace Road Stanwood, WA 98292
3915 Silvana Terrace Road, Stanwood, WA, 98292
$1,420,000
For Sale
$1,420,000
Insulated 52-foot bay shop with vehicle lift and 18-foot drive-through doors, plus a 13-stall barn on 5 flat acres.
Property Size3,564 SF
Lot Size5.00 Acres
Price / SF$398.43
Days on Market31
Property Features for 3915 Silvana Terrace Road
General Information
- Standard status
- Active
- Size
- 3,564 SF
- Lot size
- 5.00 Acres
- Property subtype
- Land or Vacant Lot
Building Details
- Year Built
- 1973
Listing agency
JOHN L. SCOTT, INC.
(425) 744-5300
Listed by
NICK KIEL
Source
Corcoran
Added: Jun 21 Updated: Jul 21 at 12:34AM Checked: Jul 21 at 5:48AM
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 JOHN L. SCOTT, INC.
Investment Insights
Based on property information with market context.
Refreshed and ready for use, this property includes a freshly painted rambler home with expansive windows and skylights, a spacious kitchen with a large island, and a private courtyard. Equestrian facilities feature a 13-stall barn. Outbuildings are anchored by an insulated and sheeted 4,300 SF shop with a vehicle lift and electric doors across 52-foot bays, including 18-foot drive-through doors.
The shop layout is designed for practical storage and hands-on work, with multiple drive-through points for moving vehicles, RVs, and equipment. The property is described as being located just minutes from I-5, and pre-inspection information for septic and well is available.
With 5 flat, usable acres, the site supports both the existing boarding-ready barn setup and flexible use of the insulated workshop for contractors, car enthusiasts, or home-based operations.
The shop layout is designed for practical storage and hands-on work, with multiple drive-through points for moving vehicles, RVs, and equipment. The property is described as being located just minutes from I-5, and pre-inspection information for septic and well is available.
With 5 flat, usable acres, the site supports both the existing boarding-ready barn setup and flexible use of the insulated workshop for contractors, car enthusiasts, or home-based operations.
Key Highlights
- 3,800 SF rambler built in 1973, freshly painted, on 5 flat, usable acres
- Insulated 52‑foot bay shop with a vehicle lift and electric doors, featuring 18‑foot drive‑through doors across the bays
- 4,300 SF shop includes 18‑foot drive‑through doors, ideal for RV storage, contractors, or a home‑based business
Local 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 | $56.9k | $15.96 |
| − Vacancy | −$3.9k | −$1.09 |
| EGI | $53.0k | $14.87 |
| − OpEx | −$8.0k | −$2.23 |
| NOI | $45.1k | $12.64 |
3,564 SF · lease $15.96/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$643.7K
$563.3K – $751.0K
NOI $45,061 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$993.9K
$869.7K – $1.16M
NOI $69,576 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Horse & equestrian properties
Similar For Sale Nearby
FAQs
What type of property is this?
Horse & equestrian property - Insulated 52-foot bay shop with vehicle lift and 18-foot drive-through doors, plus a 13-stall barn on 5 flat acres.
Where is this horse & equestrian property located?
The property is located at 3915 Silvana Terrace Road Stanwood, WA.
What is the asking price?
The asking price for this property is $1,420,000.
What are key features of this property?
This property features: 3,800 SF rambler built in 1973, freshly painted, on 5 flat, usable acres; Insulated 52‑foot bay shop with a vehicle lift and electric doors, featuring 18‑foot drive‑through doors across the bays; 4,300 SF shop includes 18‑foot drive‑through doors, ideal for RV storage, contractors, or a home‑based business
