Insulated Warehouse with RV
New
For Sale
$399,999
19566 Navarre Coulee Rd, Chelan, WA 98816
A heated, four-bay shop pairs wired workspace with usable acreage and paved county-road access.
Property Size2,558 SF
Price / SF$156.37
Days on Market4
Property Features for 19566 Navarre Coulee Rd
General Information
Standard status
Active
Size
2,558 SF
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Drive-In Doors
4
Power
200 amps
Land
Usable Acres
2.00 Acres
Topography
flat to gently rolling
Building Details
Year Built
1995
Buildings
1
Building Size
2,558 SF
Listed By:
Nick McLean Real Estate Group
(509) 670-5532
Source:
Nickmcleanrealestate
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 26 at 2:57PM
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 Nick McLean Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 1995, this 2,558-square-foot warehouse has a 41-by-62-foot insulated shop with heat, concrete flooring and a metal roof fitted with snow breaks. Four garage bays include an RV bay; two have automatic openers. Multiple man doors provide additional entry points. The shop is fully wired and served by a 200-amp panel, with water piped inside from a shared well and well house.
The property spans just over 5 acres, including approximately 2 acres of level to gently rolling usable ground. A level gravel parking area accommodates vehicles and equipment. Paved access is provided by county-maintained roads, including Navarre Coulee Road, and the property is 1.5 miles from Highway 97A. The source also identifies potential for a future single-family residence.
The property spans just over 5 acres, including approximately 2 acres of level to gently rolling usable ground. A level gravel parking area accommodates vehicles and equipment. Paved access is provided by county-maintained roads, including Navarre Coulee Road, and the property is 1.5 miles from Highway 97A. The source also identifies potential for a future single-family residence.
Key Highlights
- 2,558‑square‑foot heated shop, built in 1995
- 41' x 62' insulated shop with concrete floors and a metal roof with snow breaks
- Four garage bays, including an RV bay; two have automatic openers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,131
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,620
$522.6K
Cap Rate 7%
$373,300
$373.3K
Cap Rate 9%
$290,344
$290.3K
Market Conditions
NOI Build-Up for 2,558 SF
Gross rent
$32.8K $12.84/SF
− Vacancy
−$2.1K −$0.82/SF
EGI
$30.7K $12.02/SF
− OpEx
−$4.6K −$1.80/SF
NOI
$26.1K $10.22/SF
Area
Chelan County, WA
Vacancy
6.40%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,620
Cap Rate 7%
$373,300
Cap Rate 9%
$290,344
Alternative Uses
Best Use
Warehouse
$373.3K
$326.6K – $435.5K
NOI $26,131 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$670.9K
$587.1K – $782.8K
NOI $46,965 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98816, WA
7,067
Population
5,398
Households
1.3
Avg Household Size
47
Median Age
24%
College-Educated
81%
High-School Grad
494.2 sq mi
ZIP Area
14
Density / Sq Mi
$73,807
Median Household Income
$40,565
Median Earnings
$1,332
Median Rent
$450,500
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?
Warehouse - A heated, four-bay shop pairs wired workspace with usable acreage and paved county-road access.
Where is this warehouse located?
The property is located at 19566 Navarre Coulee Rd Chelan, WA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 2,558‑square‑foot heated shop, built in 1995; 41' x 62' insulated shop with concrete floors and a metal roof with snow breaks; Four garage bays, including an RV bay; two have automatic openers
