Property profile

324 College Way Mount Vernon, WA 98273

OFF-MARKET
Commercial real estate
Property ID
US90-2419426
6,389 SF 0.65 ac lot Built 2016
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2016
Total area 6,389 SF
Lot 0.65 ac (28,432 SF)
APN 8006-000-003-0002
UPID US90-2419426

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

324 College Way Mount Vernon, WA 98273-5473
Mount Vernon metro Census 952200 MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$920k
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.07M

Owner & transaction history

since 2017
7 recorded transactions
2017
$3.4M
2016
$700,000
2008
Price N/A
2006
Price N/A
2006
$319,719
2006
Price N/A
2004
$14.4M

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.5M +46.7%
Restaurant $1.3M +28.1%
Apartment house (5+ units) $1.1M +8.7%

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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