Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5 Acres Ready For Use Title is generated by Realmo AI

    346 OLD DOMINION RD, Colville, WA 99114

    View on Map
    Claim this Listing
    New
    For Sale
    $175,000

    Acreage - COLVILLE, WA

    Lot size:
    5.00 Acres
    Added:
    May 15, 2026
    Days on Market:
    2
    Last Refresh:
    May 16 at 6:06 pm

    Property Features for 346 OLD DOMINION RD

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Partial Fencing
    Fencing
    Fenced, Partial
    Standard status
    Active
    APN
    2246300
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    534

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    BOB MCBLAIR

    Listing agent BOB MCBLAIR License #75292

    Listing office RE/MAX SELECT ASSOCIATES 327 S MAIN, COLVILLE, WA 99114, WA

    Listing date May 15, 2026

    MLS# 45619 Listing URL

    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.

    HighLights

    • 5 acres ready to build on with water, power, and septic already installed.
    • Multiple building sites available.
    • Bordered by state land.
    • Two storage buildings already built.
    • Abundant wildlife.
    • Located just 3 miles from town.

    Overview

    This property features 5 acres of land located approximately 3 miles from town. The land includes multiple potential building sites, with water, power, and septic systems already installed. Two storage buildings are present on the property. The land is moderately timbered and is bordered by state land, offering opportunities for hunting, hiking, and outdoor activities. Abundant wildlife inhabits the area. The property is located in Colville, Washington.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Building Supply Auto Parts Store Cafe & Coffee Shop Daycare Center Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Colville
    County
    Stevens
    State
    Washington
    Longitude
    -117.844842
    Latitude
    48.544937

    Nearby Similar for Sale

    • $699,000
      19,800 SF

      Historical Commercial Building in Colville

      Impressive 19,800 SF mixed-use building with multiple rental spaces.
      151 1ST AVE, COLVILLE, WA 99114
      View Details
    • $215,000
      2,078 SF

      Main Street Commercial Space

      2,190 SF commercial space in historic downtown Colville.
      130 MAIN ST, COLVILLE, WA 99114
      View Details
    • $249,000
      2,389 SF

      Downtown Colville Commercial Building

      Commercial building in downtown Colville with business opportunity.
      153 WYNNE ST, COLVILLE, WA 99114
      View Details
    • $219,000
      2,389 SF

      Downtown Colville Commercial Building

      Downtown Colville building with shop/garage and alley access.
      153 WYNNE ST, COLVILLE, WA 99114
      View Details
    • $274,000

      Commercial Land in Colville, WA

      Nearly 1 acre of commercial land with high visibility.
      8XX WASHINGTON ST, COLVILLE, WA 99114
      View Details
    • $750,000
      4,800 SF

      Historic Home with Rental Income

      Restored historic home with consistent AirBNB income and guest house.
      640 ELM ST, COLVILLE, WA 99114
      View Details
    • $999,900
      3,600 SF

      Downtown Mixed-Use Property with Income

      Three-level downtown home with leased commercial space and vintage charm.
      145 MAIN ST, COLVILLE, WA 99114
      View Details
    • $450,000
      1,305 SF

      Colville Aviation Business Opportunity

      Airplane hanger and aviation painting business in Colville, Washington.
      173M AIRPORT DR, COLVILLE, WA 99114
      View Details
    • $765,000
      2,240 SF

      Two Homes on 6 Acres

      Two homes, shops, garden, and RV parking on 6 acres.
      527 WILLIAMS LAKE RD, COLVILLE, WA 99114
      View Details
    • $156,000

      Land with Cabin and Shop

      20 acres with cabin, shop, and sustainable features.
      1080 MIDDLE BASIN RD, COLVILLE, WA 99114
      View Details
    • $139,900

      Residential Lot in Pheasant Ridge

      1.47 acre lot with utilities in Colville, Washington.
      2082 WHITETAIL WAY, COLVILLE, WA 99114
      View Details
    • $169,000

      Land with Creek Near Colville

      6.07 acres with creek, well, septic, and power.
      780 GILLETTE RD, COLVILLE, WA 99114
      View Details

    FAQs

    What type of property is this?
    Land - 5 acres with utilities and storage buildings near Colville.
    Where is this land located?
    The property is located at 346 OLD DOMINION RD Colville, WA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 5 acres ready to build on with water, power, and septic already installed.; Multiple building sites available.; Bordered by state land.
    (509) 684-1000
    We can help!
    Listing Contact
    BOB MCBLAIR
    Real Estate License ID: 75292
    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
    346 OLD DOMINION RD, COLVILLE, WA 99114
    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!