Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Resort Zoned Vacant Land Title is generated by Realmo AI

    10618 Pacific Way, Long Beach, WA 98631

    View on Map
    Claim this Listing
    For Sale
    $140,000

    Vacant land near Long Beach, WA, with city water.

    Type:Land
    Lot size:
    0.75 Acres
    Added:
    Feb 22, 2026
    Days on Market:
    100
    Last Refresh:
    Mar 17 at 2:10 am

    Property Features for 10618 Pacific Way

    General Information

    Standard status
    Active
    Lot size
    0.75 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Cindi Pellerin

    Listing agent Cindi Pellerin License #118076

    Listing office Realty One Group Pacifica

    Listing date Feb 22, 2026

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Pacifica

    HighLights

    • Resort 3‑zoned vacant land offers versatile recreational or investment potential.
    • City water is already connected, saving time and expense.
    • Located minutes from Long Beach, WA, close to beaches, dining, and attractions.
    • Spacious parcel: over three‑quarters of an acre.
    • Includes a storage shed and partial fencing.
    • Adjoining home is also available for sale (MLS #2476404).

    Overview

    This property features vacant land zoned Resort 3, situated minutes from Long Beach, WA. The parcel spans just over three-quarters of an acre, offering potential for recreational or investment purposes. City water is connected. The property includes a storage shed and partial fencing. It is located close to beaches, dining, and coastal attractions. The home adjoining the property to the south is also available for sale.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Parts Store Gym & Fitness Center Hotel & Motel Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Pacific
    State
    Washington
    Longitude
    -124.0526507
    Latitude
    46.3797174

    Nearby Similar for Sale

    • $169,900

      Long Beach Land Parcel

      0.33 acre parcel in the heart of Long Beach.
      6th St, LongBeach, WA 98631
      View Details
    • $3,000,000

      Affordable Housing Community in Long Beach

      34-unit USDA affordable housing community in coastal Long Beach, WA.
      301 Sid Snyder Dr, Long Beach, WA 98631
      View Details
    • $400,000

      Oceanfront Land in Long Beach

      5.09 acres of oceanfront property near downtown Long Beach.
      11119 PACIFIC Way, LongBeach, WA 98631
      View Details
    • $475,000

      Estate Size Parcel in South Bay

      5-acre parcel in gated community with bay frontage.
      13010 Teal Ln, Long Beach, WA, 98631
      View Details
    • $99,950

      Lakefront Land with Evergreen Trees

      Waterfront land parcel featuring evergreens and lake access potential.
      14001 Birch Street, Long Beach, WA 98631
      View Details
    • $129,000

      5-Acre Parcel Near Long Beach

      5 acres ready for development near Long Beach.
      10558 Sandridge Rd, Long Beach, WA, 98631-5311
      View Details
    • $1,250,000
      6,000 SF

      Iconic Restaurant, Bar, and Market

      Turn-key restaurant, bar, and seafood market opportunity in Long Beach.
      1917 Pacific Ave S, Long Beach, WA 98631
      View Details
    • $1,275,000

      Long Beach Land Opportunity

      Large lot near Pacific Ave with potential ocean views.
      211 Pioneer Rd W, Long Beach, WA 98631
      View Details

    FAQs

    What type of property is this?
    Land - Vacant land near Long Beach, WA, with city water.
    Where is this land located?
    The property is located at 10618 Pacific Way Long Beach, WA.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: Resort 3‑zoned vacant land offers versatile recreational or investment potential.; City water is already connected, saving time and expense.; Located minutes from Long Beach, WA, close to beaches, dining, and attractions.
    (360) 777-1001
    We can help!
    Listing Contact
    Cindi Pellerin
    Real Estate License ID: 118076
    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

    Thank You for Inquiry
    10618 Pacific Way, Long Beach, WA 98631
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!