2200 FwyMount Vernon, WA 98273

  • Hospitality properties
  • 14,456 SF
Off market
$1,917,500 Estimated

Property Details for 2200 Fwy

Year built
1991
Lot size
0.75 AC
Property size (Sq ft)
14,456 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
340418-0-046-0606
APU
34041800460606

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,428,940
    6.5%
    $4,088,252
    7%
    $3,796,234
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,326,458
    Geo Method
    $6,542,250
  • Alternative Use

    Use
    Valuation
    Residential
    $4,463,183
    Hospitality
    $4,088,252
    Educational
    $3,401,378
    Medical
    $3,518,356
    Retail
    $5,291,032
2200 Fwy, Mount Vernon, Washington

Location Insight

City
Mount Vernon
County
Skagit
State
Washington
Latitude
48.4404
Longitude
-122.342
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
2023
$22,510
$649,000
$1,268,500
$1,917,500
-
$649,000
$1,268,500
$1,917,500

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