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Property profile & analytics
FOR SALE
Commercial land

1920 Railroad Ave Mount Vernon, WA 98273

0.3 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US90-0254462
No photos on file
For Sale
$750,000
1920 Railroad Ave, Mount Vernon, WA 98273
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.3 ac (13,199 SF)
APN 340429-0-343-0200
UPID US90-0254462
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jeffrey Crandall · 2 yrs held
Jeffrey Crandall
since 2024
Last sale
$350,000
4 recorded transactions
2024
$350,000
2002
Price N/A
2002
$290,850
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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