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Property profile & analytics
OFF-MARKET
Land

17414 Wa-527 Mill Creek, WA 98012

3.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.6-acre commercial land parcel, located at 17414 WA-527 in Mill Creek, Washington (zip code 98012, APN 27050700401300), presents a compelling investment opportunity. Currently zoned for Business & Industrial Park use, this fully entitled and permit-ready site offers significant potential. Previously occupied by a nursery, the property boasts excellent visibility and convenient access from WA-527, featuring two access points. A proposed plan outlines a three-story storage facility, addressing the undersupply of modern, climate-controlled storage in the Mill Creek area. The site's zoning allows for a range of commercial uses, including manufacturing, product assembly, wholesale sales, professional and business offices, healthcare facilities, and public facilities. While limited retail may be permitted to serve on-site tenants, the primary focus is on larger-scale commercial development. The absence of existing buildings or current income streams allows for complete customization and development according to the buyer's vision. This prime location in desirable Mill Creek offers a unique chance to capitalize on the area's growth and demand for commercial space. The asking price for this exceptional property is $3,600,000.

Property profile
Verified
Property type Land
Lot 3.6 ac (156,816 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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