Realmo Analytics

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Property profile

101 N 1St St La Conner, WA 98257

FOR LEASE
Retail space
Property ID
US90-0602559
2,053 SF 0.06 ac lot Built 1995
Last sale Nov 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
101 N 1St St, La Conner, WA 98257 For Lease
Contact for pricing 1,092 SF available
101 N 1St St, La Conner, WA 98257
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Property summary

AI-generated overview

A mixed-use building constructed in 1979 located at 101–107 S 1st Street in La Conner, Washington. The structure includes two ground-floor retail spaces and an upstairs residential apartment. The apartment is configured with two bedrooms and two bathrooms. One of the retail units has historically been operated under a long-term lease, while the remaining retail space is part of the ground-floor commercial layout.

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?
$9k
Tax billed · 2022
Assessed value · 2021$905k
Assessed land$349k
Assessed improvement$556k
Effective rate0.97%

Value estimate

· Oct 2026
$365k
$329k – $402k
AI approach$365k
Submarket $/SF estimate$647k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 511.35% cap applied$10k

Realmo valuation models over county records and 4 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 comparables4

Cap rate analysis

How does the asset earn?
511.35%
$10k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.6
HVAC Service9.3
Wholesale Shop9.1

Location

101 N 1St St La Conner, WA 98257
County assessor Recorded deeds · 4 transfers 4 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
214 Maple, La Conner, WA 98257 $496,000 Jul 2024 1,556 SF
103 Morris, La Conner, WA 98257-7015 $450,000 Jul 2023 2,904 SF
619 1st, La Conner, WA 98257 $407,190 Jan 2023 1,302 SF
402 Morris, La Conner, WA 98257 $549,500 Sep 2020 2,500 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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