3122 Broadway Ave

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3122 Broadway Ave

Everett, WA 98201
Asking Price
$890K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset available for sale in Everett, Washington.
  • Property is listed at an asking price of $890,000.
  • Located at the address 3122 Broadway Ave, zip code 98201.
  • Positioned in a growing commercial submarket in the Puget Sound.
  • The land is suited for various commercial or retail development projects.

What's Special

Priced at $890,000, this commercial land parcel occupies a prominent position at 3122 Broadway Ave in Everett, Washington. This asset offers a strategic footprint within a key submarket of the Pacific Northwest, where the local economy benefits from strong ties to aerospace manufacturing and maritime industrial sectors. Everett continues to serve as a vital commercial hub, drawing consistent activity due to its connection to the greater Puget Sound region and proximity to major regional transportation corridors. The property provides flexibility for various development strategies suitable for a commercial-zoned tract. Potential use cases for this site include the construction of office space, retail storefronts, or other mixed-use configurations that capitalize on the high-visibility location along Broadway Avenue. Investors and developers can leverage the growth of this suburban market to establish a permanent presence in a well-connected area of Snohomish County.

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NOI
$80,000
Cap Rate
8.99%
DSCR
1.51
Strong
Cash-on-Cash
10.17%
Monthly Payment
$4,403.234
Annual Cash Flow
$27,161.187

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