Property profile

1333 Riverside Dr Mount Vernon, WA 98273

FOR SALE
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US90-1510138
19,700 SF 1.8 ac Built 1939
Last sale Apr 2021·$1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This 19,700-square-foot commercial building at 1333 Riverside Dr in Mount Vernon, Washington is configured with an open interior layout suitable for a variety of commercial uses, including retail. The building includes a mezzanine-level office and restrooms located on the lower level. Loading and access are provided through both a grade-level door and a dock-high loading door. The property has historically been operated as a grocery store, and it received electrical upgrades completed in 2023.

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?
$18k
Tax billed · 2022
Assessed value · 2021$1.33M
Assessed land$907k
Assessed improvement$422k
Effective rate1.32%

Value estimate

· Nov 2026
$2.06M
$1.85M – $2.27M
AI approach$1.83M
Submarket $/SF estimate$1.72M
NOI build-up
Gross scheduled income$241k
Vacancy & credit loss−$3k
Operating expenses−$36k
NOI · 6.73% cap applied$202k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$158/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$83 – $231
Qualifying comparables3

Cap rate analysis

How does the asset earn?
6.73%
$202k 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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.6
Storage Facility9.6
Electrical Service9.5

Location

1333 Riverside Dr Mount Vernon, WA 98273
County assessor Recorded deeds · 2 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 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1101 Division, Mount Vernon, WA 98273-3229 $1,300,000 Nov 2024 16,021 SF
820 Cleveland, Mount Vernon, WA 98273-4234 $1,450,000 Jun 2023 12,390 SF
520 Pacific, Mount Vernon, WA 98273-5553 $1,100,000 Jul 2021 12,216 SF
101 Gates, Mount Vernon, WA 98273 $930,000 Jun 2021 20,010 SF
414 College, Mount Vernon, WA 98273-5516 $912,000 Mar 2021 14,639 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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