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    Residential Land with Park Trailer Title is generated by Realmo AI

    108 CRAIG Dr, Ariel, WA 98603

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    For Sale
    $419,000

    LAND - Ariel, WA

    Lot size:
    2.00 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 9:06 am

    Property Features for 108 CRAIG Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R2
    Standard status
    Active
    APN
    ER1707013
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Description
    17 -6N -4E CC11170 LOT 2 SENE FKA T-7C LOT 2 OF.
    Tax Annual Amount
    2961

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Kelly Wade

    Listing agent Kelly Wade

    Listing office Premiere Property Group, LLC 7700 NE Parkway Drive Suite 125, Vancouver, WA

    Listing date Jun 4, 2026

    MLS# 526873330 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2‑acre property in Yale Estates community on Yale Lake, located at the end of Craig Dr
    • Pole building with above industrial lighting plus a 40x8 park trailer with 3 slide outs
    • Septic installed and permitted for a 4‑bed home
    • Shared well and vacant adjacent lot included
    • Phone and fiber optic available; easement path to the lake for a buoy and watercraft
    • No CCRs; about 25 miles to I‑5 and 30 minutes to Battle Ground

    Overview

    This 2-acre residential and recreation land parcel in Yale Estates includes a pole building with above industrial lighting and a well-maintained 40x8 park trailer with three slide outs. The setup can serve as comfortable temporary living while you plan a future build, or as a standalone recreational base. A shared well is in place, and septic has been installed with permits for a 4-bed home, supporting residential development when you’re ready.

    The property is described as secluded and located at the end of Craig Dr, within Cowlitz County. There is also a permitted easement path to Yale Lake, where you can secure a buoy for watercraft and access lake enjoyment. The listing notes no CCRs, providing flexibility for how the site is used.

    For buyers seeking land with immediate on-site accommodations, this package offers existing living space plus key utilities already established through the shared well and permitted septic for a 4-bedroom residence. If your plan includes building a primary home or expanding the use for recreation, the lot is set up to support that direction without requiring utility installations from scratch.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Auto Repair Shop Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ariel
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.331909
    Latitude
    46.004817

    Nearby Similar for Sale

    • $165,000

      Versatile 2-Acre Mixed-Use Land

      2-acre mixed-use parcel in Ariel, WA, with development potential.
      Lewis River Rd, Ariel, WA 98603
      View Details
    • $289,000

      Ariel Land with Lake Views

      32+ acre property with panoramic lake and territorial views.
      Knights Bridge Rd, Ariel, WA 98603
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two-acre lot in Yale Estates with a pole building, maintained park trailer, shared well, and septic permitted for a 4-bed home.
    Where is this residential land & home lot located?
    The property is located at 108 CRAIG Dr Ariel, WA.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: 2‑acre property in Yale Estates community on Yale Lake, located at the end of Craig Dr; Pole building with above industrial lighting plus a 40x8 park trailer with 3 slide outs; Septic installed and permitted for a 4‑bed home
    (360) 910-0055
    We can help!
    Listing Contact
    Kelly Wade
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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