Financial
Distress signals
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 Aug 2021
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

The property at 101–107 S 1st Street in La Conner, Washington is a mixed-use building constructed in 1979 with ground-floor retail space and a residential apartment above. It includes two retail spaces at street level and a two-bedroom, two-bath apartment on the upper level, supporting a combined commercial and residential configuration at a commercial address. The building is associated with Business, Commercial, Office, and Retail zoning designations, with additional details referenced in the zoning remarks.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 2026
$365k
$329k – $402k
AI approach$365k
Sales comparison$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 3 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 comparables3

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 3 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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