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    1903 Freeway Dr Mount Vernon, WA 98273

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    1903 Freeway Dr Mount Vernon, WA 98273


    • Land
    • 2.40 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1903 Freeway Dr

    Lot size
    2.40 lot acres
    Property type
    Land

    Description

    This exceptional 2.4-acre commercial land parcel, located at 1903 Freeway Drive in Mount Vernon, WA 98273, presents a remarkable investment opportunity. Priced at $2,100,000 ($20/SF), this property boasts a highly desirable C-2 zoning designation, allowing for a wide array of commercial uses. The mostly flat topography simplifies development, while the strategic location offers exceptional visibility from Freeway Drive and convenient access to Interstate 5. Proximity to existing retail, restaurants, and hotels further enhances its appeal. The site includes three contiguous areas totaling approximately 2.4 acres (104,720 square feet, measuring 272' x 385'), with additional adjacent parcels of 1.03 acres (44,847 SF, 151' x 297') and 0.28 acres (12,181 SF) potentially available through a short plat subdivision. Stormwater management is facilitated by offsite retention on adjacent city property. Permitted uses under the C-2 zoning include retail stores, offices, banks, hotels, restaurants, entertainment venues, vehicle sales (excluding passenger cars and trucks due to an existing agreement), gas stations, and auto repair garages. Self-storage is permitted as an accessory use. Multifamily dwellings and auto-wrecking are explicitly prohibited. This property offers significant potential for developers and investors seeking a prime location with flexible zoning and excellent accessibility. The proposed parcels are subject to a short plat subdivision.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Skagit
    State
    Washington
    Longitude
    -122.344
    Latitude
    48.4379
    More about this property
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