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Financial
Distress signals
Property profile

2821 Commercial Ave Anacortes, WA 98221

FOR SALE
Commercial land
Property ID
US90-0151498
17,142 SF 0.76 ac lot Built 1900
Last sale Aug 2023 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a level, cleared development site totaling approximately 0.78 acres located at the south end of downtown Anacortes. It was historically used as San Juan Lanes and is positioned within a federally designated Opportunity Zone. Preliminary plans envision a mixed-use development consisting of a modern residential complex with approximately 64 units. The concept includes planned ground-floor commercial space intended for a gym and a boutique coffee shop, along with live/work units,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2022$805k
Assessed land$805k
Effective rate0.74%

Value estimate

· Oct 2026
$1.60M
$1.44M – $1.76M
AI approach$1.60M
Submarket $/SF estimate$1.79M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$184 – $389

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSKAGIT

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.4
Electrical Service10.0
Smoke and Vape Shop10.0

Location

2821 Commercial Ave Anacortes, WA 98221
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Anacortes, WA 98221 $155,000 May 2025 No data
Anacortes, WA 98221 $1,100,000 Jul 2024 No data
Anacortes, WA 98221 $4,000,000 Jul 2024 No data
7607 State Rte 20, Anacortes, WA 98221-8311 $3,000,000 May 2024 No data
8214 March Pt, Anacortes, WA 98221-8684 $420,000 Oct 2019 884 SF
8216 March Pt, Anacortes, WA 98221-8684 $420,000 Oct 2019 408 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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