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    112 Gilkey Rd Burlington, WA 98233

    Sponsored
    For Sale
    $500,000

    1,579 sq ft office/residential space, prime location.

    Property size:
    1,579 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use commercial property, located at 112 Gilkey Rd, Burlington, WA 98233, presents a unique investment opportunity. The 1,579 square foot building sits on a sizable 10,018 square foot lot and is currently occupied. Built in 1955, this single-story structure offers a blend of office and residential space, ideal for a variety of uses. The property is zoned MUC-2 (Mixed Use Commercial), providing flexibility for future development or expansion. Its strategic location directly across from the Fred Meyer Shopping Center ensures high visibility and convenient access to a significant customer base. The property's asking price is $500,000, translating to $316.66 per square foot. Please note that this sale includes the property at 1126 S Burlington Blvd. All information is deemed reliable but not guaranteed

    Property Features for 112 Gilkey Rd

    General Information

    Property type
    Land
    Square Feet
    1,579 SF

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 1,579 SF mixed‑use building on a 10,018 SF lot.
    • Located across from Fred Meyer Shopping Center in Burlington, WA.
    • Currently occupied; showings by appointment only.
    • Zoned MUC‑2 (Mixed Use Commercial).
    • Asking price: $500,000 ($317/SF). Includes 1126 S Burlington Blvd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Skagit
    State
    Washington
    Longitude
    -122.334266
    Latitude
    48.4643769

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    FAQs

    What type of property is this?
    Land - 1,579 sq ft office/residential space, prime location.
    Where is this land located?
    The property is located at 112 Gilkey Rd Burlington, WA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 1,579 SF mixed-use building on a 10,018 SF lot.; Located across from Fred Meyer Shopping Center in Burlington, WA.; Currently occupied; showings by appointment only.
    Request Owner's contact information
    112 Gilkey Rd Burlington, WA 98233
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    Burlington, WA 98233
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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
    112 Gilkey Rd Burlington, WA 98233
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