Financial
Distress signals
Property profile

199 Cascade Mall Dr Burlington, WA 98233

OFF-MARKET
Outlet malls
Property ID
US90-0612771
87,836 SF 7.12 ac lot Built 1992
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Cross Court Plaza, located at 199 Cascade Mall Dr in Burlington, Washington, presents a prime retail leasing opportunity. This multi-tenant commercial property, built in 1993, comprises two buildings totaling 70,260 square feet. Currently, a single, contiguous space of 2,900 square feet is available for lease, ideal for a variety of retail businesses. The property is situated in Skagit County, WA, zip code 98233, offering excellent visibility and accessibility. The property's location

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$98k
Tax billed · 2022
Assessed value · 2021$10.34M
Assessed land$3.77M
Assessed improvement$6.57M
Effective rate0.95%

Value estimate

· Sep 2026
$8.54M
$7.68M – $9.39M
CAP approach$11.41M
Sales comparison$5.28M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$241/SF
County average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$128 – $392

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.4
Carpet & Flooring Store9.3
Garden Center9.1

Location

199 Cascade Mall Dr Burlington, WA 98233-3251
County assessor Recorded deeds · not on file 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 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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