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Property profile & analytics
FOR LEASE
Individual retail properties
560 S Burlington Blvd Burlington, WA 98233
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1569964
For Lease
$20 SF/Yr
560 S Burlington Blvd, Burlington, WA 98233
View Listing →
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, a significant advantage in a busy commercial area. Recent improvements include a brand-new roof, ensuring long-term cost savings and peace of mind. The building's layout is designed for optimal functionality, featuring a side-loading door on the north side for efficient deliveries, double front doors for customer access, and a separate back door for deliveries. A three-quarter bathroom is conveniently located within the building. The property benefits from a robust heating system, ensuring comfortable year-round operation. The interior layout is highly adaptable
Property profile
Verified
Property type
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Year built
1900
Total area
2,360 SF
Lot
0.1 ac (4,408 SF)
APN
4076-118-016-0003
UPID
US90-1569964
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Barron Heating AC Electrical & Plumbing Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Barron Holdings LLC · 10 yrs held
Barron Holdings LLC
since 2015
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,048
Tax year 2023
Assessed value
$232,700
Assessed 2022
Previous assessed
$277,400
-16.1% YoY
Effective rate
0.88%
On assessed value
Assessed land
$131,600
Assessed improvement
$101,100
Land market value
$131,600
Improvement market value
$101,100
Total market value
$232,700
Applied tax rate
905.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Status
For Lease
Year built
1900
Heating
NONE
Stories
1
Total area
2,360 SF
Lot
0.1 ac (4,408 SF)
APN
4076-118-016-0003
UPID
US90-1569964
Jurisdiction
SKAGIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Barron Holdings LLC
Entity
Mailing address
5100 PACIFIC HWY UNIT #103, FERNDALE, WA 98248-9080
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2015
$475,000
Barron Holdings LLC
Minor,gary L & Cheryl K
Warranty Deed
$472,500 · Gary L & Cheryl K Minor
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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