1912 Burlington BlvdBurlington, WA 98233

Property Details for 1912 Burlington Blvd

Year built

1978

Lot size

0.57 AC

Property size (Sq ft)

3,907 SF

Property type

Office properties

Property subtype

Office buildings

APN

340408-0-023-0001

APU

34040800230001

Description

This exceptional 4,875 square foot office building, located at 1912 S Burlington Blvd in Burlington, Washington, presents a unique investment opportunity. Built in 1978, this two-story structure offers a flexible layout with approximately 2,275 square feet on the lower level and 2,600 square feet on the upper level. The space is currently configured as a single-tenant occupancy but can be easily demised to accommodate multiple tenants. The property boasts convenient access via Burlington Boulevard curb cuts, Holmgren Lane, and a controlled intersection at Marketplace Drive. Its strategic location just off I-5 exit 229 (George Hopper Road), across from the Burlington Crossings Shopping Center, and adjacent to the Hampton Inn ensures high visibility and accessibility. The MUC-2 (Mixed Use Commercial) zoning allows for a variety of uses. The building features a traditional office design and sits on two parcels (APN 24145, 24146) in Skagit County. The property's zip code is 98233. All information is believed to be accurate but should be independently verified.

• CAP approach

  CAP return

  Valuation

  6%

  $1,057,244

  6.5%

  $975,917

  7%

  $906,209

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,047,717

  Geo Method

  $752,410

• Alternative Use

  Use

  Valuation

  Residential

  $1,210,138

  Hospitality

  $1,108,480

  Educational

  $922,242

  Medical

  $953,959

  Retail

  $1,434,598

Location Insight

City

Burlington

County

Skagit

State

Washington

Latitude

48.4501

Longitude

-122.335

CBSA code

34580

CBSA name

MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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