Financial
Distress signals
Property profile

210 Morris St La Conner, WA 98257

FOR LEASE
Other retail properties
Property ID
US90-0849342
3,142 SF 0.12 ac lot Built 1997
Last sale Oct 2021 · $682,438
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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210 Morris St, La Conner, WA 98257 For Lease
Contact for pricing 800 SF available
210 Morris St, La Conner, WA 98257
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Property summary

AI-generated overview

A two-story Victorian-style office building is situated about one block from the La Conner waterfront, on the main road into town. The building includes private office space on the second floor and a first-floor conference room with a fireplace and French doors opening to a garden. Interior finishes feature hardwood flooring and wainscoting, and there is a covered porch. Shared/common areas include an accessible first-floor restroom, a large work area with kitchenette space, and a covered porch.

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?
$5k
Tax billed · 2022
Assessed value · 2021$482k
Assessed land$125k
Assessed improvement$357k
Effective rate0.97%

Value estimate

· Sep 2026
$880k
$792k – $968k
AI approach$835k
Sales comparison$741k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$6k
Operating expenses−$6k
NOI · 2,848.83% cap applied$17k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$294/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$169 – $364
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2,848.83%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.6
HVAC Service9.3
Wholesale Shop9.1

Location

210 Morris St La Conner, WA 98257
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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