Property profile

5701 48th NE Dr Marysville, WA 98270

OFF-MARKET
Industrial properties
Property ID
US90-1526432
12,222 SF 1.19 ac lot Built 1987
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1987
Construction TYPE NOT SPECIFIED
Total area 12,222 SF
Lot 1.19 ac (51,836 SF)
Zoning code GI
APN 749700000200
UPID US90-1526432

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store Big Box & Wholesale Store
  • Construction Company General Contractor

Location

5701 48th NE Dr Marysville, WA 98270-5708
Marysville metro Census 52903 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.53M
Blend (final) Blend
$3.22M

Owner & transaction history

since 2023
Last sale
$3.1M
4 recorded transactions
2023
$3.1M
2022
Price N/A
2006
$825,000
2005
$546,250

Zoning & alternative use

GI · Marysville, WA
Zoning description

The purpose of the general industrial zone (GI) is to provide for the location and grouping of industrial enterprises and activities involving manufacturing, assembly, fabrication, processing, bulk handling and storage,…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $5.1M +63.1%
Auto repair, garage $5.0M +61.1%
Medical building $4.8M +54.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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