13527 Farm To Market Rd Mount Vernon, WA 98273
This exceptional 229,900 square-foot industrial portfolio in Mount Vernon, Washington, presents a unique investment opportunity. Comprising ten parcels totaling 90.59 acres, this property is zoned Bayview Ridge Heavy Industrial (BR-HI) and offers a diverse range of existing tenants, including Waste Management, Republic Services, and several other prominent regional and national businesses. The property's strategic location includes a BNSF rail spur with an intermodal truck-to-train transfer station, currently leased by Republic Services, providing daily solid waste transfer to Oregon. This rare offering, never before listed for sale, benefits from its location in a highly sought-after area with limited heavy industrial zoning – less than one-tenth of one percent of Skagit County's land is designated for this use. The intermodal transfer station is one of only three along the BNSF Anacortes-Burlington spur, further enhancing its logistical advantages. The portfolio is available for purchase as a whole or individually, presenting flexibility for various investment strategies. The asking price for the entire portfolio is $30,971,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.