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    12469 Reservation Rd Anacortes, WA 98221
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    Property profile & analytics

    12469 Reservation Rd, Anacortes, WA 98221

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    • Industrial properties
    • 3,044 SF
    • 3.17 lot acres
    Skagit County Business Opportunity For Sale
    $3,850,000
    3.89 Acres

    Skagit County Business Opportunity

    Profitable business on prime commercial/industrial land for sale.

    12469 Reservation Rd, Anacortes, WA 98221
    View Listing
    Property ID
    US90-1620632
    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.

    Value Estimations
    Cap Rate Potential
    8.3%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Sunland Bark & Topsoil / Agricultural Supply / Garden Center

    Property Details for 12469 Reservation Rd

    Year built
    1980
    Lot size
    3.17 lot acres
    Property type
    Industrial properties
    APN
    340203-0-032-0007
    APU
    34020300320007

    Description

    Sunland Bark & Topsoil, a thriving Skagit County business, is available for purchase for the first time in its 50-year history. This exceptional offering encompasses nearly four acres of prime commercial/industrial land strategically situated at the controlled intersection of Highway 20 and Reservation Road in Anacortes, Washington. The sale includes the established business, its substantial inventory of equipment (too extensive to list comprehensively), and the land itself. This presents a unique opportunity for a buyer to acquire a profitable, long-standing enterprise with significant growth potential. The property's flexible light industrial zoning allows for diverse uses and expansion possibilities, beyond the current business operations. Furthermore, the seller owns an additional five contiguous parcels, totaling approximately 13 acres of light industrial land. These parcels are available for purchase alongside the core property, providing significant expansion opportunities to suit the buyer's specific needs and vision. Detailed financial information is available upon request to qualified buyers who can demonstrate their financial capacity to complete the transaction. This is a rare chance to acquire a well-established business with substantial land holdings in a desirable location, offering both immediate profitability and long-term development potential. The asking price for the core property is $3,850,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $430,000
      6.5%
      $395,000
      7%
      $365,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $785,000
      Market price range: $184k - $785k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $435,000
      Current use
      COMMERCIAL (GENERAL)
      $830,000
      Change: +92% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $735,000
      Change: +69% Conversion: Easy
      RETAIL STORES
      $735,000
      Change: +69% Conversion: Moderate
      OFFICE BUILDING
      $700,000
      Change: +61% Conversion: Difficult
      WAREHOUSE, STORAGE
      $400,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Anacortes
    County
    Skagit
    State
    Washington
    Longitude
    -122.542
    Latitude
    48.4624
    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
    2022
    $6,870
    $781,200
    $17,100
    $798,300
    -
    $781,200
    $17,100
    $798,300
    View Listing
    More about this property
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