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    4645 Swenson Rd Clayton, WA 99110

    For Sale
    $4,950,000

    Prime Washington State Cannabis Park - $4.95M

    Property size:
    55,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional investment opportunity: a 20-acre cannabis park in Clayton, WA, listed at $4,950,000. This property boasts a total of 55,600 square feet of building space, encompassing fourteen structures. The main buildings range in size from 4,000 to 10,000 square feet, complemented by ten 3,000 square foot greenhouses. Constructed between 2015 and 2022, the property is zoned for agricultural use (A) and enjoys a strong net operating income (NOI) of $349,000, translating to a 7.05% capitalization rate. Strategically located 25 miles northwest of Spokane, WA, this park benefits from established tenants including Ray's Lemonade, a rapidly expanding liquid cannabis manufacturer, and Phat Panda, a high-tech cultivation operation utilizing state-of-the-art greenhouse technology. The property presents a compelling opportunity for investors seeking exposure to the thriving Washington cannabis market. The price per square foot is $89.03. This turnkey operation offers immediate cash flow and significant growth potential. The address is 4645 S Swenson Rd, Clayton, WA 99110.

    Property Features for 4645 Swenson Rd

    General Information

    Property type
    Specialty properties
    Square Feet
    55,600 SF

    Building Details

    Buildings
    14

    HighLights

    • $4,950,000 asking price for a 55,600 square foot cannabis park.
    • Located at 4645 S Swenson Rd, Clayton, WA 99110, approximately 25 miles northwest of Spokane.
    • The property consists of 14 buildings totaling 55,600 square feet on a 20‑acre lot, with buildings ranging from 4,000 to 10,000 square feet, plus fourteen 3,000 square foot greenhouses.
    • Built between 2015 and 2022, the property is zoned Agriculture District (A) and features a $349,000 Net Net Net (NNN) in‑place Net Operating Income (NOI), resulting in a 7.05% capitalization rate.
    • Currently occupied by Ray's Lemonade, a rapidly growing liquid cannabis manufacturer, and Phat Panda, a high‑tech cultivator utilizing state‑of‑the‑art greenhouse technology.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ray's Lemonade Corporate Office

    Suggested Use

    Garden Center Shopping Mall

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

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Stevens
    State
    Washington
    Longitude
    -117.56630332352
    Latitude
    47.967595837439

    Nearby Comparable

    • $4,950,000
      55,600 SF

      Clayton Agricultural and Manufacturing Property

      55,600 SF agricultural/industrial property with existing tenants near Spokane.
      4645 S Swenson Rd, Clayton, WA 99110
      View Details
    • New
      $700,000
      65.00 Acres

      65 Acres in Clayton, WA

      65+/- acre property with six 10-acre platted parcels.
      47WW W Gibson Dahl Rd, Clayton, WA 99110
      View Details

    Nearby Similar for Sale

    • $4,950,000
      55,600 SF

      Clayton Agricultural and Manufacturing Property

      55,600 SF agricultural/industrial property with existing tenants near Spokane.
      4645 S Swenson Rd, Clayton, WA 99110
      View Details

    FAQs

    What type of property is this?
    Specialty property - Prime Washington State Cannabis Park - $4.95M
    Where is this specialty property located?
    The property is located at 4645 Swenson Rd Clayton, WA.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: $4,950,000 asking price for a 55,600 square foot cannabis park.; Located at 4645 S Swenson Rd, Clayton, WA 99110, approximately 25 miles northwest of Spokane.; The property consists of 14 buildings totaling 55,600 square feet on a 20-acre lot, with buildings ranging from 4,000 to 10,000 square feet, plus fourteen 3,000 square foot greenhouses.
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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
    4645 Swenson Rd Clayton, WA 99110
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