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    Property profile & analytics
    OFF-MARKET Estimated value $695,000
    Auto shops

    1384 State Ave, Marysville, WA 98270-3605

    6,192 SF 0.24 ac lot Built 1971
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US90-0288635
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Daltons Midway North -- Auto Repair Auto Repair Shop
    • Daltons Midway North Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $725k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $463k
    Blend (final) Blend
    $695k
    Owner & transaction history
    Shawn Simmons · 5 yrs held
    Shawn Simmons
    since 2021
    Last sale
    $650,000
    3 recorded transactions
    2021
    $650,000
    2004
    $450,000
    2001
    $225,281
    Zoning & alternative use
    GC · Marysville, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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