1384 State AveMarysville, WA 98270

Property Details for 1384 State Ave

Year built

1971

Construction

TYPE NOT SPECIFIED

Lot size

0.24 AC

Property size (Sq ft)

6,192 SF

Zone code

GC

Property type

Retail properties

Property subtype

Auto shops

APN

30052100311300

APU

30052100311300

Description

This exceptional 0.24-acre commercial lot, situated at 1384 State Avenue in the vibrant city of Marysville, Washington, presents a compelling investment opportunity. Priced at $2,500,000, this property offers significant potential for a wide range of commercial ventures. Its location on State Avenue provides excellent visibility and accessibility, ensuring high traffic flow and strong potential for customer engagement. The generous 0.24-acre parcel allows for ample development possibilities, accommodating a variety of building sizes and designs. The property is classified as General Commercial, offering flexibility in terms of permitted uses, subject to city zoning regulations. Marysville's thriving economy and strategic location within the Puget Sound region contribute to the property's long-term value and investment potential. This is an ideal opportunity for developers, investors, or businesses seeking a prominent location to establish or expand their operations. The property's size and location make it a rare find in the competitive Marysville commercial real estate market. Serious inquiries are encouraged to explore the possibilities and secure this exceptional investment opportunity. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,455,191

  6.5%

  $2,266,330

  7%

  $2,104,449

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,743,150

  Geo Method

  $3,004,988

• Alternative Use

  Use

  Valuation

  Residential

  $1,911,734

  Hospitality

  $1,751,138

  Educational

  $1,456,926

  Medical

  $1,507,032

  Retail

  $2,266,330

Location Insight

City

Marysville

County

Snohomish

State

Washington

Latitude

48.0675

Longitude

-122.176

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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