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Financial
Distress signals
Property profile

1610 Laventure Rd Mount Vernon, WA 98273

FOR SALE
Turn key restaurants
Property ID
US90-3307097
1,760 SF 0.29 ac lot Built 1980
Last sale Jan 2022 · $425,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial building is located near a college and was historically used as a retail market with fast food options. The property is configured in an open-plan layout and includes paved parking. It was prepared for reuse by removing existing fixtures, allowing for a new tenant-specific floor plan. The space is suitable for uses such as retail, office, personal care/beauty stations, restaurant service, or a bakery; a bakery and retail mix design was previously initiated and would require a new building permit to be completed.

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 · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2022$312k
Assessed land$153k
Assessed improvement$158k
Effective rate1.04%

Value estimate

· Oct 2026
$370k
$333k – $407k
AI approach$415k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$211/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$125 – $315

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant29.7
Building Supply27.0
Law Firm25.5

Location

1610 Laventure Rd Mount Vernon, WA 98273
County assessor Recorded deeds · 8 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1225 Riverside, Mount Vernon, WA 98273-2437 $207,500 Nov 2024 1,496 SF
2001 College, Mount Vernon, WA 98273-2317 $445,000 Dec 2023 1,800 SF
320 1st, Mount Vernon, WA 98273-3805 $561,300 Sep 2023 1,856 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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