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Financial
Distress signals
Property profile

421 Midway Blvd Oak Harbor, WA 98277

OFF-MARKET
Commercial real estate
Property ID
US90-1232058
5,987 SF 1.03 ac lot Built 1987
Last sale Sep 2025 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,987 square foot retail property, located at 421 NE Midway Blvd in Oak Harbor, Washington, presents a unique investment opportunity. Situated on a 1.033-acre lot (45,002 square feet), this vacant building boasts ample parking for over 70 vehicles. Originally constructed in 1987, the property has undergone a complete renovation, including new windows, a new roof, and a new exterior, making it ready for immediate tenant build-out. The property is zoned for Business and…

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

What does the county charge?
Assessed value · 2023$1.19M
Assessed land$630k
Assessed improvement$561k

Value estimate

· Oct 2026
$1.11M
$999k – $1.22M
Submarket $/SF estimate$1.22M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$256/SF
ZIP average, outlier-cleaned · 150 recorded sales of this use type
Observed band · Q1–Q3$149 – $349
Qualifying comparables4

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

What can be built here?
OH
JurisdictionISLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.0
Laundry Service9.3
Computer & Electronic Repair9.2

Location

421 Midway Blvd Oak Harbor, WA 98277-2659
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31239 State Rte 20, Oak Harbor, WA 98277-3100 $2,300,000 Apr 2025 6,500 SF
682 Mobius, Oak Harbor, WA 98277-4863 $400,000 Mar 2025 4,000 SF
270 Pioneer, Oak Harbor, WA 98277-5714 $2,700,000 Sep 2024 9,744 SF
31600 State Rte 20, Oak Harbor, WA 98277-3153 $1,146,910 May 2024 5,930 SF
1751 Goldie, Oak Harbor, WA 98277-4865 $530,000 Mar 2023 5,688 SF
628 Oak, Oak Harbor, WA 98277-3552 $108,333 Feb 2023 7,840 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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