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Property profile

7205 267Th St NW Stanwood, WA 98292

FOR LEASE
Drug stores
Property ID
US90-1568188
15,158 SF 1.31 ac lot Built 2006
Last sale Feb 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building totaling approximately 15,158 square feet, located on a site of about 1.31 acres. It is zoned GC: General Commercial. The site has convenient access to I-5 and is located off SR 532, with nearby retail and service businesses including Haggen, Dollar Tree, Ace Hardware, and O’Reilly Auto Parts.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$30k
Tax billed · 2023
Assessed value$3.71M
Assessed land$787k
Assessed improvement$2.92M
Effective rate0.81%

Value estimate

· Oct 2026
$3.29M
$2.96M – $3.62M
CAP approach$3.29M
Submarket $/SF estimate$2.62M
NOI build-up
Gross scheduled income$327k
Vacancy & credit loss−$22k
Operating expenses−$92k
NOI · 1,124,231.58% cap applied$214k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$150 – $489

Cap rate analysis

How does the asset earn?
1,124,231.58%
$214k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
This designation comprises more intensive retail and service uses than described in the downtown mixed-use zone.
General categoryMIXED_USE
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop13.0
Law Firm12.3
HVAC Service12.0

Location

7205 267Th St NW Stanwood, WA 98292
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8809 271st NW, Stanwood, WA 98292-5996 $995,000 Jan 2025 11,040 SF
8821 Viking, Stanwood, WA 98292-8080 $2,750,000 Jul 2024 8,150 SF
8701 271st NW, Stanwood, WA 98292-5995 $915,000 Dec 2021 4,400 SF
8708 271st NW, Stanwood, WA 98292 $350,000 May 2021 3,400 SF
7009 265th NW, Stanwood, WA 98292-6249 $2,400,000 Mar 2021 15,730 SF
26603 72nd NW, Stanwood, WA 98292-6273 $15,488,429 Jan 2021 61,956 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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