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    15500 51St Ave Marysville, WA 98271

    For Sale
    $4,000,000

    Prime Industrial Land, Light Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4-million-dollar industrial land parcel, located at 15500 51st Ave NE in Marysville, Washington (zip code 98271), presents a significant investment opportunity. Classified as Light Industrial ("LI") zoned property, this site offers a wide range of permitted uses, including manufacturing, contractor yards, trucking and courier services, warehousing, freight and cargo services, equipment rental, and heavy equipment and truck repair. Utilities are readily available, with water, sewer, gas, and electric services accessible at the street. The property's location in Snohomish County provides convenient access to major transportation routes, enhancing its logistical appeal for various industrial operations. While a pipeline easement runs diagonally across the eastern edge of the property, comprehensive geo-technical and winter water table studies have already been completed, providing valuable data for potential development plans. This detailed pre-planning significantly reduces the time and cost associated with future development. The property's size and zoning make it suitable for a variety of industrial uses, offering a strong foundation for a successful business venture. This is a rare opportunity to acquire a well-situated, fully-investigated industrial land parcel in a thriving Washington State market.

    Property Features for 15500 51St Ave

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1627521
    Latitude
    48.136751

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Light Industrial Zoning
    Where is this land located?
    The property is located at 15500 51St Ave Marysville, WA.
    What is the asking price?
    The asking price for this property is $4,000,000.
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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
    15500 51St Ave Marysville, WA 98271
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