Property profile

18901 Welch Rd Snohomish, WA 98296

OFF-MARKET
Land
Property ID
US90-2592894
6.44 ac lot
Individually Owned 7-yr Hold
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Property summary

AI-generated overview

This exceptional 6.44-acre parcel in Snohomish County, Washington, presents a unique opportunity for residential development. Located at 18901 Welch Rd, Snohomish, WA 98296 (APN 27061600302800), this property is zoned for residential use and offers significant potential. Preliminary work for a two-lot subdivision has already been completed, including a septic feasibility study for two lots, a critical area study, a survey, a preliminary site plan, a drainage report, and permitting for land disturbance activity, including driveway access. This extensive groundwork significantly streamlines the development process, saving time and resources for the buyer. The property's serene and tranquil setting provides a peaceful escape while remaining conveniently located. Buyers are encouraged to conduct their own due diligence and investigations to ensure the property meets their specific needs and requirements. The property is currently listed at $700,000. Please refrain from disturbing existing survey stakes and ribbon. Walk the land and experience the tranquility firsthand. This is an exceptional opportunity to build a custom dream home or two homes on this expansive lot.

Property profile

Verified
Property type Land
Lot 6.44 ac (280,526 SF)
UPID US90-2592894

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18901 Welch Rd Snohomish, WA 98296
Snohomish metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2019
1 recorded transaction
2019
$200,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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