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    Property profile & analytics

    1812 Fwy Dr Mount Vernon, WA 98273-5437

    • Turn key restaurants
    • 3,752 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0471644
    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

    • Turn key restaurants

    Property Details for 1812 Fwy Dr

    Year built
    1979
    Lot size
    0.87 lot acres
    Property size
    3,752 SF
    Property type
    Turn key restaurants
    APN
    340418-1-008-0600
    APU
    34041810080600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Skagit
    State
    Washington
    Longitude
    -122.343
    Latitude
    48.4372
    CBSA code
    34580
    CBSA name
    MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,687
    $849,300
    $912,900
    $1,762,200
    -
    $849,300
    $912,900
    $1,762,200

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      2030 Riverside Dr

      RESTAURANT • 0.15 Acres
      2030 Riverside Dr, Mount Vernon, WA 98273-5408
      View Details
    • Value Estimation by Request
      6,740 SF

      College Way

      RESTAURANT • 6,740 SF
      College Way, Mount Vernon, WA 98273
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    • Value Estimation
      $410,000
      1,800 SF

      2001 College Way

      RESTAURANT • 1,800 SF
      2001 College Way, Mount Vernon, WA 98273-2317
      View Details
    • Value Estimation by Request
      1,632 SF

      2000 Riverside Dr

      RESTAURANT • 1,632 SF
      2000 Riverside Dr, Mount Vernon, WA 98273-5408
      View Details
    • Value Estimation
      $305,000
      4,634 SF

      521 2nd St

      RESTAURANT • 4,634 SF
      521 2nd St, Mount Vernon, WA 98273-3818
      View Details
    • Value Estimation
      $2,865,000
      6,432 SF

      100 College Way, Unit 101

      RESTAURANT • 6,432 SF
      100 College Way, Mount Vernon, WA 98273-5434
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      3,750 SF

      Retail Space with Drive-Thru Potential

      High-visibility retail space with drive-thru opportunity near I-5.
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      Mount Vernon Office/Retail Space

      600 SF space near Skagit Valley Hospital.
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    • Contact for pricing
      3,109 SF

      Former Drive-Thru Bank Available

      Former drive-thru bank, suitable for retail or office use.
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    • $8 SF/Yr
      15,124 SF

      Mount Vernon Retail Space Available

      Prime Skagit County Retail Strip Center
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      174,000 SF

      Skagit Valley Retail Space Available

      Mount Vernon retail space, multiple units.
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    • $4,950 /Mo
      5,097 SF

      Commercial Property on State Route

      High-visibility commercial property with garage and flexible outdoor space.
      17695 State Route 536, Mount Vernon, WA 98273
      View Details

    Property Visit Statistics

    • Visits by month
      16.0k
    • Visitors by month
      11.7k
    • Avg Time on site
      14 min
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    1812 Fwy Dr
    Mount Vernon, WA 98273-5437
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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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