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    6897 Highway 262 Othello, WA 99344

    For Sale
    $7,500,000

    169-Site RV Park with Amenities

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 169-site RV campground, located at 6897 E Highway 262 in Othello, WA, presents a lucrative investment opportunity. Situated just three hours from Seattle, the park boasts breathtaking desert views and a desirable location near golf courses, a marina, and various dining and shopping options. The campground features 165 full-service 50-amp sites, a mix of back-in and pull-through options, all equipped with fire rings and picnic tables. A dedicated tent camping area is also available. On-site amenities include a five-bedroom, three-bathroom house with a four-car garage—ideal for a bed and breakfast operation—along with four cabins (one ADA compliant), a two-bedroom apartment, a registration office with living quarters, a clubhouse featuring a commercial kitchen and banquet room, a swimming pool, a spa, a gym, a basketball court, a playground, and a patio complete with a fireplace and barbecue area. The property's proximity to watercraft rentals and the Columbia River Gorge further enhances its appeal. A strategic increase in rental rates would significantly improve profitability. This thriving business operates in a consistently growing industry, making it an exceptionally attractive investment. The asking price is $7,500,000. The lot size is 0 acres.

    Property Features for 6897 Highway 262

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Hotel & Motel Bakery Travel Agency Italian Restaurant Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Othello
    County
    Grant
    State
    Washington
    Longitude
    -119.3451
    Latitude
    46.96939

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    FAQs

    What type of property is this?
    Commercial real estate - 169-Site RV Park with Amenities
    Where is this commercial real estate located?
    The property is located at 6897 Highway 262 Othello, WA.
    What is the asking price?
    The asking price for this property is $7,500,000.
    (253) 466-3736
    Request Owner's contact information
    6897 Highway 262 Othello, WA 99344
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    Realmo Value Estimation

    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.

    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.

    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
    6897 Highway 262 Othello, WA 99344
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