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Property profile & analytics

9624 Airport Way Snohomish, WA 98296

  • Manufacturing properties
  • 5,800 SF
  • 2.64 lot acres
Value Estimation
$1,310,000
Last Sale
Jan 01, 2025
$2,050,840
Location Intelligence
Property ID
US90-1056154
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.

Current Use by Public Records

  • Manufacturing properties

Property Details for 9624 Airport Way

Year built
1950
Construction
WOOD
Lot size
2.64 lot acres
Property size
5,800 SF
Zone code
LI
Property type
Manufacturing properties
APN
28051300400600
APU
28051300400600

Description

This exceptional 4.75-acre industrial land parcel presents a unique investment opportunity in Snohomish County. Strategically located near Highway 9 and Harvey Field, this site offers unparalleled accessibility and visibility. The property is fully fenced and features a graveled surface with a secure entrance, ensuring both privacy and safety for tenants. Currently zoned for industrial use, this versatile land is ideal for a variety of businesses requiring ample space and convenient transportation links. The entire 4.75-acre site is available for lease at a competitive rate of $0.15 per square foot, plus net, net, net (NNN) charges. However, the owner is open to negotiating lease terms for smaller sections of the property, providing flexibility for businesses of varying sizes. This presents a rare chance to secure a well-maintained, secure, and conveniently located industrial site in a thriving Snohomish County location. The existing infrastructure, including the secure entrance and gravel surface, minimizes upfront capital expenditure for tenants. The flexible lease options cater to a wide range of business needs, making this property an attractive proposition for both established companies and expanding enterprises. Don't miss this opportunity to establish your business in a prime industrial location. Contact us today to discuss lease options and schedule a site visit.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,340,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,330,000
    6.5%
    $1,315,000
    7%
    $1,225,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,430,000
    Geo Method
    $1,140,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,190,000
    Retail
    $1,285,000
    Mixed-Use
    $1,025,000
    Hospitality
    $1,370,000
    Educational
    $1,370,000
    Residential Income
    $1,135,000
    Energy
    $1,190,000
    Income-Based Land
    $1,025,000
    Food Service
    $1,265,000

Location Insight

  • Map
  • Local Demand
City
Snohomish
County
Snohomish
State
Washington
Longitude
-122.101
Latitude
47.9093
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
$4,819
$236,000
$0.00
$236,000
-
$236,000
$0.00
$236,000
More about this property
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