Financial
Distress signals
Property profile

560 S Burlington Blvd Burlington, WA 98233

FOR LEASE
Individual retail properties
Property ID
US90-1569964
2,360 SF 0.1 ac lot Built 1900
Last sale Aug 2015 · $475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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560 S Burlington Blvd, Burlington, WA 98233 For Lease
Contact for pricing 2,360 SF available
560 S Burlington Blvd, Burlington, WA 98233
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Property summary

AI-generated overview

This exceptional commercial property, located at 560 S Burlington Boulevard in Burlington, WA, presents a fantastic opportunity for a variety of businesses. Situated on a high-traffic corner at the intersection of Burlington Boulevard and East Rio Vista, this property boasts exceptional visibility and accessibility. The building is zoned C-1-Commercial District and offers versatile space suitable for retail or office use. The 1,099,000 USD asking price includes four dedicated parking spaces,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2022$233k
Assessed land$132k
Assessed improvement$101k
Effective rate0.88%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$418
Operating expenses−$9k
NOI · 99,635.00% cap applied$20k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
99,635.00%
$20k 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: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.3
Law Firm9.3
Garden Center9.1

Location

560 S Burlington Blvd Burlington, WA 98233
County assessor Recorded deeds · 1 transfer 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
133 Rio Vis, Burlington, WA 98233-2220 $530,000 Nov 2022 2,448 SF
1750 Burlington, Burlington, WA 98233-3208 $500,000 Jan 2022 1,612 SF
302 Lila, Burlington, WA 98233-3319 $425,000 May 2021 2,480 SF
1815 Burlington, Burlington, WA 98233-3225 $1,500,000 Jun 2020 3,510 SF
1543 Burlington, Burlington, WA 98233-3219 $2,142,500 Dec 2019 2,972 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?”
More about this property
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