3909 172Nd St Arlington, WA 98223
This 1.25-acre commercial land parcel in Arlington, WA, is ideally situated on 172nd St NE, a major retail corridor boasting over 25,000 vehicles per day. Zoned for Highway Commercial use, this property offers exceptional visibility and accessibility. Located between Vancouver, BC, and Seattle, Arlington benefits from strategic positioning and robust growth, with a nearly 2% annual growth rate and an 8% population increase since 2020. The city's proactive planning includes higher-density housing initiatives and the development of approximately 90 acres of vacant airport land, further fueling future growth. The site's prime location is underscored by recent development within a one-mile radius: 15 properties constructed in the last three years, including an adjacent Everett Clinic, and over 1,000 multi-family units built in the last five years. All necessary frontage improvements, including sidewalks and curb cuts, are already completed, making this a move-in ready opportunity. The property's APN is 31052100306800. This exceptional location presents a unique opportunity for investors and developers seeking a high-traffic, high-growth location in a thriving community. The asking price is $2,400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.