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Financial
Distress signals
Property profile

317 Commercial Ave Anacortes, WA 98221

FOR LEASE
Other commercial real estate
Property ID
US90-1648873
19,775 SF 0.28 ac lot Built 1912
Last sale Sep 2002 · $1,549,085
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
317 Commercial Ave, Anacortes, WA 98221 For Lease
Contact for pricing 5,687 SF available
317 Commercial Ave, Anacortes, WA 98221
View Listing

Property summary

AI-generated overview

This modern retail or office space is located in the Anacortes Professional Center on Commercial Avenue. The unit has a total area of 933 square feet and features high ceilings and windows that face the Commercial frontage, providing natural light. Shared amenities include a break room and two bathrooms. The space is equipped with fiber internet and CCTV, and it has prominent signage. Parking is available on-site and includes EV charging.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value · 2022$4.53M
Assessed land$480k
Assessed improvement$4.05M
Effective rate0.74%

Value estimate

· Oct 2026
$4.44M
$3.99M – $4.88M
CAP approach$2.85M
NOI build-up
Gross scheduled income$204k
Vacancy & credit loss−$42k
Operating expenses−$41k
NOI · 486,048.00% cap applied$122k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$273/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$184 – $389

Cap rate analysis

How does the asset earn?
486,048.00%
$122k 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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.4
Electrical Service9.1
Daycare Center9.0

Location

317 Commercial Ave Anacortes, WA 98221
County assessor Recorded deeds · 14 transfers Qualifying 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
901 6th, Anacortes, WA 98221-1716 $750,000 May 2025 2,960 SF
910 11th, Anacortes, WA 98221-4148 $1,625,000 Jan 2025 5,148 SF
702 R, Anacortes, WA 98221-4147 $698,039 Mar 2024 5,174 SF
3110 Commercial Ave, Anacortes, WA 98221-2762 $1,550,000 Feb 2024 3,115 SF
9103 Molly, Anacortes, WA 98221-9352 $350,000 May 2023 16,885 SF
810 22nd, Anacortes, WA 98221-2518 $365,000 Apr 2023 3,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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