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    201 E College Way Mount Vernon, WA 98273
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    Property profile & analytics

    201 E College Way, Mount Vernon, WA 98273

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    • Outlet malls
    • 50,624 SF
    • 5.57 lot acres
    Retail Space with Drive-Thru Potential For Lease
    $5,875,000
    3,750 SF

    Retail Space with Drive-Thru Potential

    High-visibility retail space with drive-thru opportunity near I-5.

    201 E College Way, Mount Vernon, WA
    View Listing
    Property ID
    US90-1660497
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Just Food For Dogs / (Bike/Boat/Book/etc) Store / Pet Store & Service
    • CDReload - Online Bitcoin ATM / Crypto Atm / Atm

    Property Details for 201 E College Way

    Year built
    1970
    Lot size
    5.57 lot acres
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    8005-000-002-0001
    APU
    80050000020001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 14, 2014 — Mvsh LLC Mt Vernon Office Pet Ptrs LP Grant Deed $6.6M · Miscellaneous Ins Co
    Jul 23, 1998 — Mt Vernon Office Pet Partners — Deed Of Trust · related $3.4M · Wells Fargo Bank
    Jul 16, 1998 — Vernon Pad Partners LP Mt 42nd/geary Partners LP Grant Deed · related —
    Jul 1, 1998 — Mt Vernon Office Pet Partners 42nd Geary Partners LP Grant Deed · related —
    Jul 11, 1997 $2,210,457 42nd/geary Partners LP Safeway INC Grant Deed $4.6M · Wells Fargo Bank
    — — Mt Vernon Office Pet Ptrs — Deed Of Trust · related $5.5M · Merrill Lynch Com'l Finance

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,125,000
      6.5%
      $6,575,000
      7%
      $6,105,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,835,000
      Market price range: $4.22M - $11.7M
      AI Estimate
      $4,206,000
      Market price range: $2.28M - $7.38M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $8,010,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $9,045,000
      Change: +13% Conversion: Difficult
      OFFICE BUILDING
      $8,590,000
      Change: +7% Conversion: Easy
      COMMERCIAL (GENERAL)
      $8,320,000
      Change: +4% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $7,205,000
      Change: -10% Conversion: Difficult
      WAREHOUSE, STORAGE
      $6,615,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Skagit
    State
    Washington
    Longitude
    -122.339
    Latitude
    48.4371
    CBSA code
    34580
    CBSA name
    MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $69,831
    $2,251,900
    $3,022,600
    $5,274,500
    -
    $2,251,900
    $3,022,600
    $5,274,500

    Property Visit Statistics

    • Visits by month
      8.6k
    • Visitors by month
      7.2k
    • Avg Time on site
      20 min
    View Listing
    More about this property
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