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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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