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Financial
Distress signals
Property profile

1835 Riverside Dr Mount Vernon, WA 98273

OFF-MARKET
Commercial real estate
Property ID
US90-2473142
9,000 SF 0.3 ac lot
Last sale Jul 2012 · $600,000
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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Property summary

AI-generated overview

This exceptional 9,000 square foot commercial building, constructed in 2021, offers a prime retail and office opportunity in Mount Vernon, Washington. Located at 1835 Riverside Drive, the property boasts a highly visible location adjacent to a Safeway grocery store, ensuring significant foot traffic. The building is zoned C-2: General Commercial District, allowing for a variety of uses. Currently, there are six suites available, with a minimum divisible space of 1,125 square feet and a…

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?
$17k
Tax billed · 2023
Assessed value · 2022$1.44M
Assessed land$130k
Assessed improvement$1.31M
Effective rate1.17%

Value estimate

· Oct 2026
$1.34M
$1.20M – $1.47M
CAP approach$1.30M
Submarket $/SF estimate$1.57M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$164/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$89 – $271

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.8
HVAC Service10.0
Plumbing Service9.5

Location

1835 Riverside Dr Mount Vernon, WA 98273-5410
County assessor Recorded deeds · 13 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1600 College, Mount Vernon, WA 98273-4100 $2,600,000 Aug 2024 9,393 SF
2226 Market, Mount Vernon, WA 98273-5451 $825,000 Jun 2024 6,467 SF
1202 2nd, Mount Vernon, WA 98273-4858 $1,100,000 Feb 2022 5,784 SF
15093 Nookachamps, Mount Vernon, WA 98273 $130,000 May 2020 6,048 SF
1521 26th, Mount Vernon, WA 98273-2751 $1,775,000 Apr 2020 9,120 SF
620 College, Mount Vernon, WA 98273-5530 $5,130,000 Dec 2019 7,360 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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