1 XX Buckhorn Wy

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1 XX Buckhorn Wy

Mount Vernon, WA 98273
Asking Price
$600K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Development parcel spanning 10 acres of land
  • Residential zoned asset listed for $599,900
  • Located in the city of Mount Vernon
  • Strategically positioned within the Skagit Valley
  • Suitable for residential housing development projects

What's Special

Priced at $599,900, this 10-acre development parcel presents a significant land acquisition in Mount Vernon, Washington. Situated within the Skagit Valley, this site provides a strategic footprint in a region defined by its balanced blend of agricultural heritage and steady residential expansion. Mount Vernon functions as a vital hub within the corridor between Seattle and Vancouver, attracting residents seeking proximity to regional economic centers while maintaining a distinct geographic identity. The expansive nature of this residential-zoned property allows for various development strategies, ranging from single-family housing projects to custom estate planning. Investors and developers looking to capitalize on the increasing demand for housing in this part of the Pacific Northwest will find the scale of this parcel suitable for multi-phased project planning or land banking activities. Local access to major arterial routes supports the site's utility for residential growth.

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NOI
$80,000
Cap Rate
13.34%
DSCR
2.25
Strong
Cash-on-Cash
24.66%
Monthly Payment
$2,967.978
Annual Cash Flow
$44,384.265

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