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    Property profile & analytics

    108 Gilkey Rd Burlington, WA 98233-2820

    • Office Properties & Spaces
    • 1,824 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US90-0578703
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Learned Commercial Inc / Real Estate Agency

    Property Details for 108 Gilkey Rd

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    0.23 lot acres
    Property size
    1,824 SF
    Property type
    Office Properties & Spaces
    APN
    340405-0-017-0002
    APU
    34040500170002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $265,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $240,000
      Mixed-Use
      $315,000
      Hospitality
      $300,000
      Educational
      $260,000
      Residential Income
      $285,000
      Energy
      $300,000
      Income-Based Land
      $275,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Skagit
    State
    Washington
    Longitude
    -122.335
    Latitude
    48.4643
    CBSA code
    34580
    CBSA name
    MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,212
    $241,800
    $146,000
    $387,800
    -
    $241,800
    $146,000
    $387,800

    Comparable in this City

    • Value Estimation by Request
      1,579 SF

      112 Gilkey Rd

      Land • 1,579 SF
      112 Gilkey Rd, Burlington, WA 98233
      View Details
    • Value Estimation by Request
      5,923 SF

      1639 Lindamood Ln

      Office Properties & Spaces • 5,923 SF
      1639 Lindamood Ln, Burlington, WA 98233
      View Details
    • Value Estimation by Request
      185,230 SF

      200-496 Fashion Way

      Medical offices • 185,230 SF
      200-496 Fashion Way, Burlington, WA 98233
      View Details
    • Value Estimation by Request
      4,916 SF

      20291 Sr 20

      Coworking space • 4,916 SF
      20291 Sr 20, Burlington, WA 98233
      View Details
    • Value Estimation by Request
      2,752 SF

      310 Cascade Pl

      CONDOMINIUM OFFICES • 2,752 SF
      310 Cascade Pl, Burlington, WA 98233-3129
      View Details
    • Value Estimation by Request
      9,936 SF

      788 Burlington Blvd

      OFFICE (GENERAL) • 9,936 SF
      788 Burlington Blvd, Burlington, WA 98233
      View Details

    Similar Nearby for Sale

    • $500,000
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      Burlington Mixed-Use Commercial Property

      1,579 sq ft office/residential space, prime location.
      112 Gilkey Rd, Burlington, WA 98233
      View Details
    • $500,000
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      Office/Urban Residential Space For Sale

      1,579 +/- sf office/urban residential space on 10,018 +/- sf land.
      112 Gilkey Rd, Burlington, WA 98233
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    • $379,000
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      Burlington Office Space For Sale

      Office property in central business district with high visibility.
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    • $429,000
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      Class A Office Space Available

      Turn-key office space in Advantage Business Park, Burlington, WA.
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      Burlington Office Campus For Sale

      Former nonprofit office campus with multiple buildings and courtyard.
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    • $497,000
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      Mixed-Use Commercial Building on Burlington Blvd

      1,268 SF mixed-use building on a 6,110 SF lot.
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    Similar Nearby for Lease

    • $15 SF/Yr
      5,923 SF

      Burlington Office Space Available

      Prime Burlington office, 3,101 sq ft available.
      1639 Lindamood Ln, Burlington, WA 98233
      View Details
    • $14 SF/Yr
      3,900 SF

      Burlington Office Space Available

      3,900 SF Office, Downtown Burlington
      239 Burlington Blvd, Burlington, WA 98233
      View Details
    • $18 SF/Yr
      9,888 SF

      Burlington Blvd Executive Office Space

      Prime Burlington Office/Retail Opportunity
      815 Burlington Blvd, Burlington, WA 98233
      View Details
    • $18 SF/Yr
      3,490 SF

      Office/Retail Space Near Fred Meyer

      Office or retail space available near a shopping center.
      815-831 South Burlington Blvd, Burlington, WA 98233
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    • $14 SF/Yr
      185,230 SF

      Burlington Plaza: Office & Retail Space

      Prime Burlington location, flexible suites, ample parking.
      200-496 Fashion Way, Burlington, WA 98233
      View Details
    • $20 SF/Yr
      7,064 SF

      Burlington Office Space for Lease

      Office suites available for lease in Burlington, Washington.
      195-235 E George Hopper Rd, Burlington, WA 98233
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      3.2k
    • Avg Time on site
      22 min
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    108 Gilkey Rd
    Burlington, WA 98233-2820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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