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Property profile

1881 S Burlington Blvd Burlington, WA 98233

FOR LEASE
Office buildings
Property ID
US90-1736241
2,925 SF 0.51 ac lot Built 1962
Last sale Feb 2025 · $615,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1881 S Burlington Blvd, Burlington, WA 98233 For Lease
Contact for pricing 2,925 SF available
1881 S Burlington Blvd, Burlington, WA 98233
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Property summary

AI-generated overview

The property is a mid-century modern medical office building constructed in 1962, located at a corner position on S Burlington Boulevard. The building sits on an approximately 1/2-acre site and has historically been used as a veterinary clinic since its original construction, with a configuration suited to medical and related professional uses including dental, therapy, chiropractic, veterinary, wellness, and general office. Interiors feature updated finishes with a light color palette. The…

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?
$6k
Tax billed · 2023
Assessed value · 2022$649k
Assessed land$520k
Assessed improvement$130k
Effective rate0.88%

Value estimate

· Oct 2026
$325k
$293k – $358k
Submarket $/SF estimate$826k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$519
Operating expenses−$14k
NOI · 105,850.00% cap applied$21k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$230/SF
County average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$141 – $351

Cap rate analysis

How does the asset earn?
105,850.00%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner8.3
Butcher8.2
Laundromat7.8

Location

1881 S Burlington Blvd Burlington, WA 98233
County assessor Recorded deeds · 4 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
530 Burlington, Burlington, WA 98233-2208 $763,430 Dec 2025 2,086 SF
1162 Burlington, Burlington, WA 98233-3314 $2,550,000 Apr 2025 3,956 SF
400 Fairhaven, Burlington, WA 98233-1819 $399,000 Apr 2025 2,760 SF
137 Hazel, Burlington, WA 98233-1119 $622,000 Aug 2024 2,080 SF
120 Fairhaven, Burlington, WA 98233-1082 $760,000 Jan 2023 2,304 SF
855 Alder, Burlington, WA 98233-2808 $785,000 Nov 2020 3,200 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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