Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1651 Bennett Hill Dr Clarkston, WA 99403

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land available in new subdivision with utilities at street.

    Type:Land
    Added:
    Oct 21, 2022
    Days on Market:
    1282
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 1651 Bennett Hill Dr

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Jan Marie McCoy

    Listing agent Jan Marie McCoy License #DB 17312

    Listing office Jan McCoy Properties

    Listing date Oct 21, 2022

    Source Crexi

    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 Jan McCoy Properties

    Overview

    Land For Sale

    This property is located off 15th Street, west on Dustan Loop, and left onto Bennett Hill Drive, a new street. It is part of a new subdivision. Utilities available at the street include water, sewer, gas, and electric. Covenants, conditions, and restrictions apply; see associated documents or call listing office.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Clarkston
    County
    Asotin
    State
    Washington
    Longitude
    -117.246
    Latitude
    46.2148

    Nearby Similar for Sale

    • $365,000
      2,890 SF

      Versatile Multi-Family Investment Opportunity

      Multi-unit property with income potential in Clarkston, Washington.
      2465 19th St., Clarkston, WA 99403
      View Details
    • $1,150,000
      7,900 SF

      Clarkson Commercial Property with Equipment

      Commercial building with land, equipment, and ample parking.
      517 & 519 Diagonal St, Clarkson, WA 99403
      View Details
    • $1,150,000
      7,900 SF

      Commercial Building with Shop and Equipment

      Commercial property with shop, equipment, and parking in prime location.
      517 & 519 Diagonal Street, Clarkston, WA 99403
      View Details
    • $499,000
      7,957 SF

      Clarkston Multifamily Investment Opportunity

      Five houses on 2.25 acres in Clarkston, Washington.
      1422-1430 16th Ave, Clarkston, WA 99403
      View Details
    • $478,000

      Land with Snake River Views

      2.67+/- acres with expansive Snake River views in Clarkston.
      955 Post Lane, Clarkston, WA 99403
      View Details
    • $150,000

      Vacant Land in Clarkston, WA

      Vacant 0.95 acre lot with utilities at street.
      1542 Maple Street, Clarkston, WA 99403
      View Details
    • $478,000

      Land with Snake River Views

      2.67 acres with expansive Snake River views in Clarkston.
      955 Post Lane, Clarkston, WA 99403
      View Details
    • Sponsored
      $925,000
      11,368 SF

      Formerly Funke's Custom Cabinet's

      11,368 SF warehouse on 2.28 acres, suitable for various uses.
      1482 16Th Ave, Clarkston, WA 99403
      View Details
    • $150,000

      Vacant Land in Clarkston, WA

      Vacant 1.15 acre lot with utilities at street.
      1542 Maple Street unit: 2, Clarkston, WA 99403
      View Details
    • $965,000

      Clarkston Multifamily Investment Opportunity

      Mobile home park with single-family home and RV spaces.
      1650 13th Street, Clarkston, WA 99403
      View Details
    • $355,000
      1,004 SF

      Updated Duplex in Clarkston, WA

      Two updated homes on one lot, investment or multi-generational living.
      517 12th St, Clarkston, WA 99403
      View Details
    • $799,000
      4,911 SF

      Clarkston Commercial Property with Development Potential

      Investment opportunity: approved 44-unit apartment complex plans in Clarkston.
      1246 Chestnut St, Clarkston, WA 99403
      View Details

    FAQs

    What type of property is this?
    Land - Land available in new subdivision with utilities at street.
    Where is this land located?
    The property is located at 1651 Bennett Hill Dr Clarkston, WA.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: New subdivision location.; Utilities available: Water, Sewer, Gas, Electric.; At street utilities access.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jan Marie McCoy
    Real Estate License ID: DB 17312
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!