Mining Land with Existing
For Sale
$675,000
1475 US-395, Chewelah, WA 99109
Commercial, CHEWELAH, WA
Property Size4,040 SF
Lot Size21.23 Acres
Price / SF$167.08
Days on Market264
Property Features for 1475 US-395
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial-Light, Forestry, Commercial
Parking features
Off Street
Exterior features
Road Frontage
Directions
From Colville, south on 395 to 1/2 mile south of Addy, property on the left.
Subdivision
S9 - Middle County Southeast
Standard status
Active
APN
2156901, 2156902
Size
4,040 SF
Lot size
21.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
That part of the SW4 of NE4 lying E of Hwy 395 & that part of the N2 of NW4 of NW4 lying E of Hwy 395 in S24, T33, R39
Legal Description
That part of the SW4 of NE4 lying E of Hwy 395 & that part of the N2 of NW4 of NW4 lying E of Hwy 395 in S24, T33, R39
Utilities
Heating system
Baseboard, Wood, Wood Stove, Electric (Heating)
Cooling system
Ductless, Electric
Water source
Private, Well
Building Details
Year built
1978
Flooring type
Concrete, Carpet
Listing Agency:
KELLER WILLIAMS REALTY COLVILLE
(509) 684-1414
Listed By:
DAVE SITLER · License #13662
(509) 675-3283
Added: Jan 28
Changed: Oct 8
Last Checked: Oct 19 at 7:06PM
MLS# 45500
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.
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Investment Insights
Based on property information with market context.
This 21.23-acre mining property includes a 4,040-square-foot building with an apartment, office space, a shop, and a loft. The quarry remains in place, with rock and gravel reserves on the property. Three-phase power, a private well with holding tank, and septic service are also present.
The property has nearly 2,000 feet of frontage on Highway 395. Its eastern boundary meets BLM and National Forest Service land.
The property has nearly 2,000 feet of frontage on Highway 395. Its eastern boundary meets BLM and National Forest Service land.
Key Highlights
- 21.23 acres with quarry workings and rock and gravel reserves
- Nearly 2,000 feet of frontage on Highway 395
- 4,040‑square‑foot building with apartment, office, shop, and loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,505
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,100
$470.1K
Cap Rate 7%
$335,786
$335.8K
Cap Rate 9%
$261,167
$261.2K
Market Conditions
NOI Build-Up for 4,040 SF
Gross rent
$35.9K $8.88/SF
− Vacancy
−$2.3K −$0.57/SF
EGI
$33.6K $8.31/SF
− OpEx
−$10.1K −$2.49/SF
NOI
$23.5K $5.82/SF
Area
Stevens County, WA
Vacancy
6.40%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,100
Cap Rate 7%
$335,786
Cap Rate 9%
$261,167
Alternative Uses
Best Use
Industrial
$335.8K
$293.8K – $391.8K
NOI $23,505 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$912.0K – $1.22M
NOI $72,962 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 99109, WA
5,016
Population
2,610
Households
1.9
Avg Household Size
51
Median Age
22%
College-Educated
93%
High-School Grad
311.6 sq mi
ZIP Area
16
Density / Sq Mi
$61,354
Median Household Income
$38,715
Median Earnings
$890
Median Rent
$274,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mining land & claim - The site includes quarry workings, rock and gravel reserves, a shop, office, apartment, and three-phase power.
Where is this mining land & claim located?
The property is located at 1475 US-395 Chewelah, WA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 21.23 acres with quarry workings and rock and gravel reserves; Nearly 2,000 feet of frontage on Highway 395; 4,040‑square‑foot building with apartment, office, shop, and loft
