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    816 Terrace Ave Aberdeen, WA 98520

    Sponsored
    For Sale
    Contact for pricing

    Prime Aberdeen lot, stunning views possible.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 98520 Aberdeen, WA building lot presents a unique opportunity for home construction. Located at 816 Terrace Avenue, this residential land parcel offers the potential for a multi-story home, with options including a daylight or walkout basement. The lot's topography features a sloped top, a flatter mid-section, and a more gradual slope below, lending itself well to terracing. Preliminary plans suggest the possibility of reducing the front yard setback to just 10 feet, maximizing usable space. The property's significant advantage lies in its readily available utilities: water, sewer, and electricity are already conveniently located in the street, simplifying the construction process. The previous owner's changed plans have created this exciting opportunity for a new buyer to realize their dream home in a desirable location. Priced affordably at $23,500, this lot is an exceptional value in the Aberdeen market. Don't miss this chance to build your dream home with breathtaking views.

    Property Features for 816 Terrace Ave

    General Information

    Property type
    Land

    HighLights

    • $23,500 asking price for vacant land.
    • Residential lot located at 816 Terrace Avenue, Aberdeen, WA 98520.
    • 0 units; suitable for new home construction.
    • Potential view; sloped lot with flat area, possibly terraced.
    • Utilities (water, sewer, electricity) available at street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Grays Harbor
    State
    Washington
    Longitude
    -123.813476
    Latitude
    46.982987

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    FAQs

    What type of property is this?
    Land - Prime Aberdeen lot, stunning views possible.
    Where is this land located?
    The property is located at 816 Terrace Ave Aberdeen, WA.
    What is the asking price?
    The asking price for this property is $23,500.
    What are key features of this property?
    This property features: $23,500 asking price for vacant land.; Residential lot located at 816 Terrace Avenue, Aberdeen, WA 98520.; 0 units; suitable for new home construction.
    Request Owner's contact information
    816 Terrace Ave Aberdeen, WA 98520
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    Aberdeen, WA 98520
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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
    816 Terrace Ave Aberdeen, WA 98520
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