Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

623 Morris St A1 La Conner, WA 98257

FOR SALE
Retail space
Property ID
US90-2997620
1,463 SF 0.7 ac lot Built 2004
Last sale Apr 2021 · $300,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1,463-square-foot commercial condominium is located within a mixed-use development constructed in 2004. The unit features an open interior with ample natural light, allowing for multiple potential configurations such as retail display, reception, workstations, meeting areas, private offices, gallery, studio, or boutique service use. It is situated near La Conner’s downtown district and waterfront area, with proximity to shops, restaurants, art galleries, and waterfront attractions. State…

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 · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2021$318k
Assessed land$107k
Assessed improvement$211k
Effective rate0.97%

Value estimate

· Oct 2026
$385k
$347k – $424k
AI approach$395k
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$11k
Operating expenses−$10k
NOI · 5.25% cap applied$31k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$294/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$169 – $364
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.25%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Tailor Shop8.6
Auto Parts Store8.4

Location

623 Morris St, Unit A1 La Conner, WA 98257
County assessor Recorded deeds · not on file 5 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
623rd Morris, La Conner, WA 98257-7018 $375,000 Feb 2026 1,131 SF
623 Morris, La Conner, WA 98257-7041 $500,000 Sep 2024 1,270 SF
214 Maple, La Conner, WA 98257 $496,000 Jul 2024 1,556 SF
619 1st, La Conner, WA 98257 $407,190 Jan 2023 1,302 SF
509 1st, La Conner, WA 98257 $487,500 Aug 2020 1,702 SF
701 1st, La Conner, WA 98257-9475 $450,000 Nov 2019 1,878 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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