14804 WA-9

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14804 WA-9

Mount Vernon, WA 98273
Asking Price
$1.25M
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • The property encompasses two separate 10-acre residential land parcels.
  • The total acreage offered for sale measures 20 acres.
  • The site is positioned directly along the WA-9 corridor.
  • This asset is currently listed at an asking price of $1,248,000.
  • The land is suitable for residential development or custom home builds.

What's Special

Mount Vernon serves as a central hub within the Skagit Valley, providing residents with access to a blend of rural landscapes and growing infrastructure. Situated along WA-9, this property consists of two 10-acre parcels totaling 20 acres of land. The site offers significant flexibility for developers or individuals seeking substantial acreage for private residential estates. Given the current zoning for residential land, the site is well-positioned for residential development projects, potentially allowing for the creation of two distinct 10-acre residential lots. This location provides a balance between accessible thoroughfares and the expansive, natural character common to the Pacific Northwest region. The proximity to regional transit corridors supports long-term residential growth strategies for investors looking to capitalize on land holdings in this corridor.

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NOI
$80,000
Cap Rate
6.41%
DSCR
1.08
Tight
Cash-on-Cash
1.58%
Monthly Payment
$6,174.423
Annual Cash Flow
$5,906.923

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