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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2821 Argonne Rd & 9012 Millwood, WA 99212

550 SF
Property ID
Property summary
AI-generated overview

This exceptional Millwood, WA property presents a unique investment opportunity. Located at the highly visible, lighted intersection of N Argonne Rd and E Grace, this offering encompasses two parcels totaling 22,000 square feet of land zoned C-2 (City of Millwood). The property includes two buildings: a main house at 2821 N Argonne Rd, featuring approximately 1,044 square feet on the main level and a 750-square-foot unfinished basement; and a second building at 9012 E Grace, comprising approximately 702 square feet of converted office space and a 550-square-foot finished lower-level office. Additionally, a detached garage offers approximately 625 square feet, and a metal shop building provides 1,340 square feet of space with an additional 560 square feet of upper-level storage and office area. The combined square footage of the buildings ranges from 550 to 1,340 square feet, with an asking price of $750,000 ($34.09 per square foot). The property is currently vacant, offering flexibility for immediate occupancy or redevelopment. Its strategic location, approximately two blocks south of Trent Avenue, benefits from a high traffic count of 34,300 vehicles at the Trent and Argonne intersection. This property is ideal for owner-occupancy, redevelopment, or as an income-generating investment. The property is offered AS-IS.

Property profile
Verified
Property type Retail properties & Spaces
Total area 550 SF
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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