Trust Owned Property summary
This exceptional commercial land parcel, located at 35 SE Ely Street in Oak Harbor, Washington, presents a compelling investment opportunity. Boasting 194 feet of highway frontage at the main intersection of Highway 20 and Whidbey Avenue, this property ensures unparalleled visibility and accessibility. A large reader board further enhances its marketing potential. The existing building on the site offers 4,488 square feet of total space, divided across two floors. The main floor comprises… 3,278 square feet, with 2,643 square feet currently leased and 635 square feet available. The upper floor, totaling 1,210 square feet, is currently vacant. Recent improvements include a fresh coat of paint, remodeled restrooms, and a new monitored fire alarm system. The property offers ample parking and versatile office spaces suitable for a single tenant or multiple occupants. Its prime location in Oak Harbor, Island County, WA 98277 (48.2981497, -122.6526039), guarantees high traffic and strong potential for return on investment. This is an ideal opportunity for those seeking a high-impact commercial property with significant growth potential. The asking price for this exceptional property is $875,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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