1920 Railroad Ave Mount Vernon, WA 98273
This exceptional 0.84-acre parcel of land, located at 1920 Railroad Ave & 211/225 E Blackburn Rd in Mount Vernon, Washington, presents a unique investment opportunity. Situated in Skagit County, zip code 98273, this property boasts a high frontage-to-depth ratio, ensuring excellent visibility. Its strategic location near the intersection of Old Hwy 99 and Blackburn Rd provides convenient access to I-5 exits 225 and 226, enhancing its accessibility and appeal. The property is zoned M-1, designating it for Light Manufacturing and Commercial uses, opening up a wide range of development possibilities. Utilities are conveniently located at or near the property line, simplifying infrastructure connections. The seller may consider subdividing the parcel, subject to necessary approvals from the seller and the City of Mount Vernon. All information is believed to be accurate but should be independently verified. This property is priced at $750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.