13311 Highway 99Everett, WA 98204

For Sale
  • Outlet malls
  • 8,960 SF

Property Details for 13311 Highway 99

Year built
1983
Construction
WOOD
Lot size
4.35 AC
Property size (Sq ft)
8,960 SF
Zone code
SI
Property type
Outlet malls
APN
373300700501
APU
373300700501

Description

This exceptional 4.35-acre property in Everett, WA, presents a unique investment opportunity. The 8,960 square foot building, constructed in 1983, currently operates as Al's Truck Parts, a fully operational business with assets available for sale. The property boasts a metal sided warehouse with 4,960 square feet on the first floor and 4,000 square feet on the second, offering ample space for various uses. Its strategic location on Highway 99 provides excellent visibility to approximately 40,000 vehicles per day, ensuring high traffic exposure. The property's Urban Center (UC) zoning allows for a wide range of permitted uses, including automobile wrecking yard (conditional, grandfathered), construction contracting, multifamily, townhouse, hotel, manufacturing, retirement housing, and warehousing. The property is conveniently located near Interstate 5, Highway 99, and Highway 525, offering easy access to major transportation routes. The parcel number is 00373300700501, and the 2023 property taxes totaled $18,365.16. This versatile property is ideal for investors seeking a high-visibility location with significant development potential. Detailed zoning information is available via the provided links in the original listing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,552,731
    6.5%
    $3,279,444
    7%
    $3,045,198
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,863,474
    Geo Method
    $4,348,302
  • Alternative Use

    Use
    Valuation
    Residential
    $2,766,334
    Hospitality
    $2,533,947
    Educational
    $2,108,214
    Medical
    $2,180,719
    Retail
    $3,279,444
13311 Highway 99, Everett, Washington

Location Insight

City
Everett
County
Snohomish
State
Washington
Latitude
47.8764
Longitude
-122.268
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
$18,365
$1,775,200
$92,500
$1,867,700
-
$1,775,200
$92,500
$1,867,700

FAQs

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