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    Property profile & analytics

    Anacortes, WA 98221

    • Turn key restaurants
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 16, 2024
    $12,000
    Location Intelligence
    Property ID
    US90-2258169
    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

    • Turn key restaurants

    Property Details

    Lot size
    0.21 lot acres
    Property type
    Turn key restaurants
    APN
    350218-0-029-0202
    APU
    35021800290202

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anacortes
    County
    Skagit
    State
    Washington
    Longitude
    -122.611
    Latitude
    48.514
    CBSA code
    34580
    CBSA name
    MOUNT VERNON-ANACORTES, 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
    2024
    $1,491
    $189,700
    $7,500
    $197,200
    -
    $189,700
    $7,500
    $197,200

    Comparable in this City

    • Value Estimation
      $610,000
      3,648 SF

      2302 Commercial Ave

      RESTAURANT • 3,648 SF
      2302 Commercial Ave, Anacortes, WA 98221-2555
      View Details
    • Value Estimation
      $720,000
      1,493 SF

      2908 Commercial Ave

      RESTAURANT • 1,493 SF
      2908 Commercial Ave, Anacortes, WA 98221-2738
      View Details
    • Value Estimation
      $550,000
      2,960 SF

      Anacortes, WA 98221

      RESTAURANT • 2,960 SF
      Anacortes, WA 98221
      View Details
    • Value Estimation
      $400,000
      6,000 SF

      506 Commercial Ave

      RESTAURANT • 6,000 SF
      506 Commercial Ave, Anacortes, WA 98221-1729
      View Details
    • Value Estimation
      $355,000
      1,296 SF

      3015 Commercial Ave

      RESTAURANT • 1,296 SF
      3015 Commercial Ave, Anacortes, WA 98221-2775
      View Details
    • Value Estimation
      $250,000
      5,351 SF

      502 Commercial Ave

      RESTAURANT • 5,351 SF
      502 Commercial Ave, Anacortes, WA 98221-1729
      View Details

    Similar Nearby for Sale

    • $2,495,000
      6,965 SF

      Anacortes Investment Opportunity

      Mixed-use property with restaurant, apartments, retail, and houses for sale.
      2001 Commercial Ave, Anacortes, WA 98221
      View Details
    • $5,995,000
      12,627 SF

      Retail Building with Leaseback Opportunity

      12,627 SF retail building with a new 10-year lease.
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    • $2,399,000
      7,080 SF

      Anacortes Turnkey Manufacturing Business Opportunity

      Thriving cabinet and kitchen manufacturing company with real estate for sale.
      3115 T Ave, Anacortes, WA 98221
      View Details
    • $3,800,000

      Commercial Avenue Multi-Tenant Retail Building

      Multi-tenant retail building with high visibility and value-add potential.
      1411 Commercial Ave, Anacortes, WA 98221
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    • $2,700,000

      Downtown Anacortes Commercial Building For Sale

      Fully leased commercial building in Anacortes' Central Business District.
      902-912 Commercial Ave, Anacortes, WA 98221
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    • $1,350,000

      Anacortes Commercial Land & House

      Prime Hwy 20 location, 3+ acres, 2560 sq ft house
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    Similar Nearby for Lease

    • $6,000 /Mo
      4,817 SF

      Anacortes Commercial Buildings For Lease

      Two buildings with office, store, and shop/warehouse spaces available.
      2603-2619 Commercial Ave, Anacortes, WA 98221
      View Details
    • $36 SF/Yr
      4,237 SF

      Retail Space in Anacortes Core

      Prime retail space with high visibility and strong tenant mix.
      1700-1720 Commercial Ave, Anacortes, WA 98221
      View Details
    • $30 SF/Yr
      28,499 SF

      Anacortes Professional Center Suites

      Class A Office Space, Prime Location
      317 Commercial Ave, Anacortes, WA 98221
      View Details
    • $6,000 /Mo
      4,817 SF

      Anacortes Commercial Corner Property

      Highly visible retail/office/industrial property in Anacortes' commercial district.
      2615 Commercial Ave, Anacortes, WA 98221
      View Details
    • $16 SF/Yr
      16,214 SF

      Retail Space in Historic Downtown

      16,214 SF retail building in Anacortes' historic downtown.
      1517-1519 Commercial Ave, Anacortes, WA 98221
      View Details
    • Contact for pricing
      1,443 SF

      Commercial Avenue Office Space

      Office space available on Commercial Avenue in Anacortes, WA.
      519 Commercial Ave, Anacortes, WA 98221
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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