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    5625 48Th Dr Marysville, WA 98270

    Sponsored
    For Sale
    $3,550,000

    23,270 SF, Multi-Tenant Industrial, Great Value

    Property size:
    23,270 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional multi-tenant industrial property in Marysville, WA, presents a compelling owner-user opportunity. Located at 5625 48th Drive NE, this 23,270 square foot building sits on a 1.22-acre lot and offers a blend of executive office and warehouse space, ideal for a variety of businesses. The property features four units, currently housing two tenants with leases expiring in 2025, presenting a significant upside for potential rental income. Unit A (7,008 SF) and Unit D (9,686 SF) are currently vacant, providing ample space for an owner-occupier. These units boast high ceilings (18' - 22'), clear-span warehouse areas, and excellent loading capabilities with five loading docks and one dock-high door. Additional features include approximately 25 parking spaces, a fenced 7,500 square foot yard, and a 2-ton crane in Unit D. The building, constructed in 1991, is zoned General Industrial (GI) and benefits from convenient access to I-5. The asking price is $3,550,000, translating to $152.56 per square foot. The existing tenants are currently paying below market rent, offering a substantial opportunity for increased revenue upon lease renewal. This property is a rare find, combining significant space, excellent location, and strong potential for both occupancy and rental income. The property's features make it suitable for a wide range of industrial and manufacturing uses.

    Property Features for 5625 48Th Dr

    General Information

    Property type
    Manufacturing properties
    Square Feet
    23,270 SF
    Lot Size
    53,143 SF

    Building Details

    Year Built
    1991
    Stories
    2
    Units
    4

    HighLights

    • Owner‑user opportunity: Up to 16,694 SF available.
    • ±23,270 SF building on ±1.22 acres.
    • ±7,093 SF fenced yard.
    • Approx. 25 parking stalls.
    • Clear‑span warehouse, 18'-22' clear height, heavy 3‑phase power.
    • GI zoning (City of Marysville).
    Property Profile Location Intelligence

    Current Use by Public Records

    Fraser Bronze Foundry ... Manufacturer The Everett Clinic - Materials ... Association Or Organization Kinematics Marine Equipment, ... Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Marysville
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1651293
    Latitude
    48.0487255

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    FAQs

    What type of property is this?
    Manufacturing property - 23,270 SF, Multi-Tenant Industrial, Great Value
    Where is this manufacturing property located?
    The property is located at 5625 48Th Dr Marysville, WA.
    What is the asking price?
    The asking price for this property is $3,550,000.
    What are key features of this property?
    This property features: Owner-user opportunity: Up to 16,694 SF available.; ±23,270 SF building on ±1.22 acres.; ±7,093 SF fenced yard.
    Request Owner's contact information
    5625 48Th Dr Marysville, WA 98270
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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
    5625 48Th Dr Marysville, WA 98270
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