Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    TBD HIWAY 395 Loon Lake, WA 99148

    View on Map
    For Sale
    $7,000,000

    Acreage - LOON LAKE, WA

    Lot size:
    1,747.00 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    25
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for TBD HIWAY 395

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    5235320
    Lot size
    1,747.00 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    2000

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    BOB ANDERSON

    Listing agent BOB ANDERSON License #18982

    Listing office RE/MAX SELECT ASSOCIATES 327 S MAIN, COLVILLE, WA 99114, WA

    Listing date Mar 7, 2026

    MLS# 45584 Listing URL

    Copyright © 2026 Northeast Washington Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Loon Lake Acreage Opportunity

    This is an opportunity to acquire approximately 1747 acres with access from Hiway 395, Lyon Moss Rd, and Angel Flats on the West. The diverse property has development potential on the Southern border and timbered areas due for a cut. Seasonal marshes and creeks are present on the land. The property is located near Loon Lake, Deer Lake, and Waitts Lake, offering recreation opportunities. Abundant wildlife and hiking are also available in the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Loon Lake
    County
    Stevens
    State
    Washington
    Longitude
    -117.582
    Latitude
    48.1077

    Nearby Similar for Sale

    • $205,000

      Loon Lake Acreage with Beach Access

      5.7 acres near Deer Lake with utilities and beach access.
      W Canyon Springs Way lot: 18, Loon Lake, WA 99148
      View Details
    • $35,000

      Recreational Land Near Loon Lake

      Almost half-acre recreational land parcel near Loon Lake, Washington.
      4149 N Deer Lake Rd, Loon Lake, WA 99148
      View Details
    • $105,000

      Loon Lake Residential Lot

      Residential lot with lake views and utilities available.
      40004 LOON LAKE CT, LOON LAKE, WA 99148
      View Details
    • $2,500,000

      Loon Lake Waterfront Resort Opportunity

      Turn-key resort with cabins, RV sites, and lake access.
      41987 Shore Acres Rd, Loon Lake, WA 99148
      View Details
    • $35,000

      Recreational Land Near Deer Lake

      Quarter-acre recreational land parcel near Deer Lake Road.
      41XX N Deer Lake Rd, Loon Lake, WA 99148
      View Details
    • $2,500,000

      Loon Lake Turn-Key Resort

      Turn-key lakefront resort with cabins, RV sites, and lake access.
      41987 Shore Acres Rd, Loon Lake, WA 99148
      View Details
    • $120,000

      Loon Lake Recreational Acreage

      15.5 acres near Loon and Deer Lake with creek.
      43XX EAST DEER LAKE ROAD, LOON LAKE, WA 99148
      View Details
    • $110,000

      Loon Lake Buildable 5-Acre Lot

      5-acre lot in gated community near Loon Lake, WA.
      3825 Meadowlark Way, Loon Lake, WA 99148
      View Details
    • $175,000

      Loon Lake Land with Utilities

      Secondary lot with utilities near Deer Lake and private beach.
      4536 Haney Rd, Loon Lake, WA 99148
      View Details
    • $75,000

      Loon Lake 20-Acre Land Parcel

      20 acres of wooded land perfect for recreation and homesteading.
      4450 Buck Creek Rd, Loon Lake, WA 99148
      View Details
    • $329,000

      Loon Lake Acreage with Views

      19+ acre building lot with well and panoramic views.
      LOT 4 MOOSE RIDGE WAY, LOON LAKE, WA 99148
      View Details
    • $325,000

      Loon Lake Land Development

      Land with well, power, and lake access near Loon Lake.
      SW Moose Ridge Way lot: 1, Loon Lake, WA 99148
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Approximately 1747 acres with development potential near Loon Lake.
    Where is this agricultural land / farmland located?
    The property is located at TBD HIWAY 395 Loon Lake, WA.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: Large acreage: Approximately 1747 acres offers significant space and potential.; Development potential: **Southern border suitable for development.**; Timber value: Timbered areas are due for a cut, representing potential income.
    (509) 684-1000
    We can help!
    Listing Contact
    BOB ANDERSON
    Real Estate License ID: 18982
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!