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    Cedar St Sequim, WA 98382

    Sponsored
    For Sale
    $164,950

    Prime location, endless possibilities

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 0.0-acre commercial lot, located at 0 Lot 23 W Cedar Street in the heart of Sequim, WA, presents a unique investment opportunity. Situated directly across from the Sequim Transit Center and adjacent to the popular Weekend Farmers Market, this property enjoys unparalleled visibility and accessibility. The zoning designation, Downtown Multi Use, allows for a wide range of development options, including multi-family residential, small businesses, or a mixed-use project. The minimal parking requirements offer flexibility in design and maximize usable space. This prime location within Sequim's vibrant downtown core ensures high foot traffic and strong potential for commercial success. The property's proximity to public transportation and a bustling farmers market guarantees a steady stream of potential customers and residents. The possibilities are truly limitless, making this an ideal site for an entrepreneur seeking a high-impact location or a developer looking to capitalize on Sequim's thriving economy. The asking price of $164,950 represents a compelling entry point into the Sequim commercial real estate market. Don't miss this chance to acquire a highly desirable property in a dynamic and growing community. Serious inquiries are encouraged.

    Property Features for Cedar St

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sequim
    County
    Clallam
    State
    Washington
    Longitude
    -123.1023
    Latitude
    48.08059

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, endless possibilities
    Where is this commercial real estate located?
    The property is located at Cedar St Sequim, WA.
    What is the asking price?
    The asking price for this property is $164,950.
    (360) 477-9665
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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
    Cedar St Sequim, WA 98382
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