1126 Burlington Blvd Burlington, WA 98233
- Office buildings
- 4,298 SF
- 1.21 lot acres
Current Use by Public Records
- Warren Jewelers - Burlington / Jewelry Store / Jeweler
Property Details for 1126 Burlington Blvd
- Year built
- 1980
- Lot size
- 1.21 lot acres
- Property size
- 4,298 SF
- Property type
- Office buildings
- APN
- 340405-0-014-0005
- APU
- 34040500140005
Description
This exceptional retail storefront property, located at 1126 S Burlington Blvd in Burlington, WA, presents a compelling investment opportunity. The 4,298 square foot building sits on a 1.21-acre lot, offering ample parking and excellent visibility. Strategically positioned near the controlled intersection of the Cascade Mall entrance, this property enjoys high traffic counts and benefits from its proximity to major retailers such as Target and Fred Meyer. The building, constructed in 1980, features two units and is zoned MUC-2 (Mixed Use Commercial), allowing for a variety of potential uses. The asking price is $1,500,000, translating to $349 per square foot. Prominent Burlington Boulevard frontage provides significant signage opportunities. Please note that this property is being sold together with 112 Gilkey Rd. All information is deemed reliable but not guaranteed
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $810,000
- 6.5%
- $735,000
- 7%
- $805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $705,000
- Geo Method
- $820,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $625,000
- Retail
- $660,000
- Mixed-Use
- $735,000
- Hospitality
- $745,000
- Educational
- $635,000
- Residential Income
- $835,000
- Energy
- $850,000
- Income-Based Land
- $710,000
- Food Service
- $785,000
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Skagit
- State
- Washington
- Longitude
- -122.335
- Latitude
- 48.464
- CBSA code
- 34580
- CBSA name
- MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA