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    632 Erin Park Rd Oak Harbor, WA 98277

    Sponsored
    For Sale
    Contact for pricing

    Prime Industrial Land: Lease Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land lease opportunity presents a unique chance to establish your business in a thriving Oak Harbor location. Situated at 632 Erin Park Road, this property offers convenient access to key transportation routes, including proximity to the NAS Whidbey Charles Porter Gate (commercial vehicle entry) to the north and State Route 20 to the south. The site is part of an established industrial park, ensuring a strategic business environment. While the land itself is unimproved, the adjacent building, constructed in 2001 and currently available for lease, provides a compelling context. This building, which is not included in this land lease, offers approximately 6,000 square feet of space, including a mezzanine level, ideal for warehouse or flex use. Features of the building include a large open bay area, reception/gallery space, a conference/planning room, and abundant electrical power. A central sprinkler system and generous on-site parking further enhance the appeal. The lease opportunity pertains to the west half of this building. The asking price for the land lease is $5,940. This presents a rare chance to secure a strategic location within a well-established industrial park in Oak Harbor, Washington, zip code 98277. The property is located in Island County. This is a for-lease-only opportunity.

    Property Features for 632 Erin Park Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Stone Age Millworks ... Woodworker Custom Cabinets by ... Cabinet Maker

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Harbor
    County
    Island
    State
    Washington
    Longitude
    -122.648982
    Latitude
    48.3187113

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land: Lease Opportunity
    Where is this land located?
    The property is located at 632 Erin Park Rd Oak Harbor, WA.
    What is the asking price?
    The asking price for this property is $5,940.
    Request Owner's contact information
    632 Erin Park Rd Oak Harbor, WA 98277
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    Oak Harbor, WA 98277
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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
    632 Erin Park Rd Oak Harbor, WA 98277
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