Technical
Financial
Distress signals
Property profile

1384 State Ave Marysville, WA 98270

OFF-MARKET
Auto shops
Property ID
US90-0288635
6,192 SF 0.24 ac lot Built 1971
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.24-acre commercial lot, situated at 1384 State Avenue in the vibrant city of Marysville, Washington, presents a compelling investment opportunity. Priced at $2,500,000, this property offers significant potential for a wide range of commercial ventures. Its location on State Avenue provides excellent visibility and accessibility, ensuring high traffic flow and strong potential for customer engagement. The generous 0.24-acre parcel allows for ample development possibilities, accommodating a variety of building sizes and designs. The property is classified as General Commercial, offering flexibility in terms of permitted uses, subject to city zoning regulations. Marysville's thriving economy and strategic location within the Puget Sound region contribute to the property's long-term value and investment potential. This is an ideal opportunity for developers, investors, or businesses seeking a prominent location to establish or expand their operations. The property's size and location make it a rare find in the competitive Marysville commercial real estate market. Serious inquiries are encouraged to explore the possibilities and secure this exceptional investment opportunity. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1971
Construction TYPE NOT SPECIFIED
Total area 6,192 SF
Lot 0.24 ac (10,454 SF)
Zoning code GC
APN 30052100311300
UPID US90-0288635

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

1384 State Ave Marysville, WA 98270-3605
Marysville metro Census 52905 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
$463k
Blend (final) Blend
$755k

Owner & transaction history

since 2021
Last sale
$650,000
3 recorded transactions
2021
$650,000
2004
$450,000
2001
$225,281

Zoning & alternative use

GC · Marysville, WA
Zoning description

The purpose of the general commercial zone (GC) is to provide for the broadest mix of commercial, wholesale, service and recreation/cultural uses with compatible storage and fabrication uses, serving regional market area…

General category COMMERCIAL

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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