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Property profile & analytics
OFF-MARKET Estimated value $1,925,000
Automotive properties

9620 State Ave Marysville, WA 98270-2278

34,162 SF 2.75 ac lot Built 1973
Entity Owned 23-yr Hold ~ Est. High Equity
Property ID
US90-3326898
Property summary
AI-generated overview

This exceptional 34,162 square foot retail property, situated on a 2.75-acre lot at 9620 State Avenue, Marysville, WA 98270, presents a compelling investment opportunity. Built in 1973, this single-story, one-building strip center currently features multiple tenants and offers 13,614 square feet of immediately available space. The property enjoys a prime location in the Arlington/Marysville/Stanwood submarket, boasting high visibility and easy access, situated conveniently near Interstate 5 and 94th Place. The property benefits from ample parking and is strategically located next to a Grocery Outlet, ensuring high foot traffic and exposure to a robust regional customer base. The property's location in a rapidly growing area north of 88th Street further enhances its appeal. Property taxes are $1.50 per square foot. This is an ideal opportunity for businesses seeking a well-established location in a thriving community. The available space is perfect for a junior anchor tenant or a business seeking high visibility and convenient access. The property's size and location make it an attractive option for a variety of retail uses.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1973
Construction TYPE NOT SPECIFIED
Total area 34,162 SF
Lot 2.75 ac (119,790 SF)
Zoning code M4
APN 30051600301200
UPID US90-3326898
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Costless Warehouse Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.93M
Owner & transaction history
Brik Associates LLC · 23 yrs held
Brik Associates LLC
since 2003
5 recorded transactions
2023
Price N/A
2018
Price N/A
2003
$2.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M4 · Marysville, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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