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    Property profile & analytics

    1424 Ridge Ave Snohomish, WA 98290

    • Commercial real estate
    • 2,259 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0779207
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1424 Ridge Ave

    Property size
    2,259 SF
    Property type
    Commercial real estate

    Description

    This exceptional mixed-use redevelopment opportunity in Snohomish, WA, presents a unique investment prospect. Located at 1424 Ridge Ave, 98290, this property boasts a 19,602 sq ft lot zoned Commercial Midtown, offering a multitude of potential uses. The existing 2-story, 2,259 sq ft building, constructed in 1980 and renovated in 1980, currently functions as office space with 100% occupancy. The asking price is $1,175,000, representing a 5.20% cap rate. The property's versatility allows for diverse development options, including townhomes, multifamily dwellings, daycare centers, senior living facilities, breweries, self-storage units, office spaces, industrial uses, medical facilities, or even a church. Its ideal location near thriving commercial areas makes it particularly attractive for owner-operators seeking a work/live arrangement. Pre-inspected for your convenience. This is a rare chance to acquire a property with significant upside in a desirable Snohomish County location. The property is currently owner-occupied.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Snohomish
    County
    Snohomish
    State
    Washington
    Longitude
    -122.1019367
    Latitude
    47.9303209

    Comparable in this City

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    Similar Nearby for Sale

    • Contact for pricing
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      All-Age Community on 0.91 Acres

      9-space community near Pilchuck Park, offering investment opportunities.
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    • $1,300,000

      All-Age Community on 0.91 Acres

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      View Details
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      Snohomish Retail Investment Opportunity

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      712 Avenue D, Snohomish, WA 98290
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      10-Acre Farm Near Snohomish

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      Snohomish Retail Space Available

      2,184 SF retail space for lease in Snohomish, WA.
      1205 Avenue D, Snohomish, WA 98290
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    1424 Ridge Ave
    Snohomish, WA 98290
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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