4425 3rd Ave, Everett, WA 98203-2515
This exceptional 11.22-acre commercial land parcel presents a unique investment opportunity in Everett, Washington. Strategically located just east of Interstate 5 and south of the 41st Street Interchange, this property offers unparalleled access to major transportation arteries. The site encompasses approximately 7.9 acres of flat, largely paved, and improved land, ready for immediate development. A two-story, 1970s-era concrete tilt-up building currently sits on the property, featuring existing office spaces. This building can be incorporated into future plans, utilized as-is, renovated, or demolished to suit your vision. All essential utilities—water, sewer, electricity, and fiber optic internet—are readily available on-site. While currently possessing one access point, the property's configuration allows for the addition of another. A significant advantage is the property's adjacency to the BNSF Railroad, with the potential to reinstate a rail connection via a previously existing spur. The property's zoning is City of Everett LI (Light Industrial), providing flexibility for a variety of commercial and industrial uses. The Assessor's Parcel Numbers (APNs) are 29053200205900, 29053200200200, 00500500305800, 29053200201400, and 29053200304200. The address is 4425 S 3rd Ave, Everett, WA 98203.
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Acrowood Corporation Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
FD · Everett, WAEverett. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.