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    17414 Wa-527 Mill Creek, WA 98012

    Sponsored
    For Sale
    $3,600,000

    3.6-Acre Development Site, WA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.6-acre commercial land parcel, located at 17414 WA-527 in Mill Creek, Washington (zip code 98012, APN 27050700401300), presents a compelling investment opportunity. Currently zoned for Business & Industrial Park use, this fully entitled and permit-ready site offers significant potential. Previously occupied by a nursery, the property boasts excellent visibility and convenient access from WA-527, featuring two access points. A proposed plan outlines a three-story storage facility, addressing the undersupply of modern, climate-controlled storage in the Mill Creek area. The site's zoning allows for a range of commercial uses, including manufacturing, product assembly, wholesale sales, professional and business offices, healthcare facilities, and public facilities. While limited retail may be permitted to serve on-site tenants, the primary focus is on larger-scale commercial development. The absence of existing buildings or current income streams allows for complete customization and development according to the buyer's vision. This prime location in desirable Mill Creek offers a unique chance to capitalize on the area's growth and demand for commercial space. The asking price for this exceptional property is $3,600,000.

    Property Features for 17414 Wa-527

    General Information

    Property type
    Land
    Lot Size
    156,816 SF

    HighLights

    • $3,600,000 asking price.
    • 3.6‑acre commercial land parcel in Mill Creek, WA.
    • Business & Industrial Park zoning.
    • Former Lil Sprout Nursery & Garden Center site; proposed self‑storage facility.
    • Excellent visibility and access from WA‑527.
    • Fully entitled and permit‑ready.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mill Creek
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2160011
    Latitude
    47.8396

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 3.6-Acre Development Site, WA
    Where is this land located?
    The property is located at 17414 Wa-527 Mill Creek, WA.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: $3,600,000 asking price.; 3.6-acre commercial land parcel in Mill Creek, WA.; Business & Industrial Park zoning.
    (425) 250-3285
    Request Owner's contact information
    17414 Wa-527 Mill Creek, WA 98012
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    Mill Creek, WA 98012
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    Realmo Value Estimation

    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.

    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.

    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
    17414 Wa-527 Mill Creek, WA 98012
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