5625 48Th Dr NE Marysville, WA 98270
Property profile & analytics
5625 48Th Dr NE, Marysville, WA 98270
- Industrial properties
- 20,000 SF
- 1.22 lot acres
Property ID
US90-1586508
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fraser Bronze Foundry Inc / Industrial Manufacturer / Production Facility
- The Everett Clinic - Materials Management Office / Association Or Organization
- Kinematics Marine Equipment, Inc. / Big Box & Wholesale Store
Property Details for 5625 48Th Dr NE
- Year built
- 1991
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.22 lot acres
- Zone code
- GI
- Property type
- Industrial properties
- APN
- 749700000300
- APU
- 749700000300
Description
This exceptional multi-tenant industrial property in Marysville, WA, presents a compelling owner-user opportunity. Located at 5625 48th Drive NE, this 23,270 square foot building sits on a 1.22-acre lot and offers a blend of executive office and warehouse space, ideal for a variety of businesses. The property features four units, currently housing two tenants with leases expiring in 2025, presenting a significant upside for potential rental income. Unit A (7,008 SF) and Unit D (9,686 SF) are currently vacant, providing ample space for an owner-occupier. These units boast high ceilings (18' - 22'), clear-span warehouse areas, and excellent loading capabilities with five loading docks and one dock-high door. Additional features include approximately 25 parking spaces, a fenced 7,500 square foot yard, and a 2-ton crane in Unit D. The building, constructed in 1991, is zoned General Industrial (GI) and benefits from convenient access to I-5. The asking price is $3,550,000, translating to $152.56 per square foot. The existing tenants are currently paying below market rent, offering a substantial opportunity for increased revenue upon lease renewal. This property is a rare find, combining significant space, excellent location, and strong potential for both occupancy and rental income. The property's features make it suitable for a wide range of industrial and manufacturing uses.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Marysville
- County
- Snohomish
- State
- Washington
- Longitude
- -122.165
- Latitude
- 48.0488
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,443
$559,000
$1,524,900
$2,083,900
-
$559,000
$1,524,900
$2,083,900
