Financial
Distress signals
Property profile

105 1St St Langley, WA 98260

FOR SALE
Commercial real estate
Property ID
US90-1308254
10,323 SF 0.32 ac lot Built 1982
Last sale Dec 2020 · $1,420,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial lease opportunity presents 4,450 square feet of unfinished space in the heart of historic downtown Langley, Washington, on Whidbey Island. Located at 105 1st Street, 98260, this second-story space offers stunning views of Saratoga Passage and the Cascade Mountains. The property is ideally suited for a variety of uses, including office space, medical/dental clinic, restaurant, retail establishment, or health center. The space features fire suppression sprinklers

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

What does the county charge?
Assessed value$1.81M
Assessed land$585k
Assessed improvement$1.23M

Value estimate

· Sep 2026
$1.24M
$1.11M – $1.36M
Sales comparison$1.12M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$314/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$204 – $446

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?
LG
JurisdictionISLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.7
Nail Salon8.7
Pharmacy8.9

Location

105 1St St Langley, WA 98260
County assessor Recorded deeds · 5 transfers Comp sales · not on file 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 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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