Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1550 S Burlington Blvd Burlington, WA 98233

FOR LEASE
Outlet malls
Property ID
US90-1679126
110,228 SF 8.22 ac lot Built 1989
Last sale Feb 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1550 S Burlington Blvd, Burlington, WA 98233 For Lease
$8,300,000 110,000 SF available
1550 S Burlington Blvd, Burlington, WA 98233
View Listing

Property summary

AI-generated overview

The property is a shopping center located along Burlington Boulevard. It includes an operating Kmart anchor building and an additional retail strip totaling 19,858 square feet that is partially occupied. There is also a vacant pad site fronting Burlington Boulevard, suitable for future development or for retenanting. The center is reported to have very limited use restrictions, which would generally support repositioning and tenanting plans.

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?
$70k
Tax billed · 2022
Assessed value · 2021$7.42M
Assessed land$4.35M
Assessed improvement$3.06M
Effective rate0.95%

Value estimate

· Oct 2026
$8.30M
$7.47M – $9.13M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$241/SF
County average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$128 – $392

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.5
Tailor Shop9.1
Realty agency8.9

Location

1550 S Burlington Blvd Burlington, WA 98233
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file 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

2 recorded sales · 17 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Sharon, Burlington, WA 98233 $375,000 Apr 2025 4,008 SF
Sharon, Burlington, WA 98233 $1,125,000 Apr 2025 10,600 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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