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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    502 State Ave, Marysville, WA 98270

    Built 1992
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 502 State Avenue in Marysville, WA, presents a unique investment opportunity. Boasting a highly visible location with an estimated 25,000 cars passing daily, this building benefits from a prominent monument sign featuring an electronic reader board – a rare feature on State Avenue. Its strategic placement, just one block from the main thoroughfare leading to I-5, ensures exceptional visibility and accessibility. The upcoming construction of a northbound I-5 off-ramp at the south end of State Avenue will further enhance its prominence and attract even more traffic. The building is situated directly across from the Marysville City Hall complex and Comford Park, providing a desirable and convenient location for businesses and employees. The property is well-maintained and currently houses stable tenants with strong leases that include annual rent increases, ensuring a consistent and reliable income stream. This makes it an attractive investment for those seeking a solid return on investment in a thriving community. The property's size is not specified, but its prime location and features make it a highly sought-after commercial asset. The asking price is $1,300,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1992
    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
    • Center for Independence Social Service Agency
    • Tax Street Tax Preparation
    • Marysville Travel Travel Agency
    • Eagle Country Construction Inc. Construction Company
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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