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    31107 3Rd Ave Black Diamond, WA 98010

    For Sale
    Contact for pricing

    31 Acres, Retail & Land, King County WA

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 31.31-acre commercial property presents a unique investment opportunity in Black Diamond, Washington. Located at 31107 3rd Ave, 98010, this site offers significant potential for development. The property, identified by APN 1121069008, boasts flexible zoning (BIP) allowing for a variety of commercial uses. The existing structures, built in 1946 and renovated in 1978, comprise a single, one-story building with a total square footage ranging from 1,500 to 168,438 square feet, providing ample space for various retail or commercial ventures. The site plan is adaptable to accommodate specific tenant needs, offering the flexibility to create custom spaces. Whether you're seeking to develop a large-scale retail center or smaller individual pads, this property offers the scale and adaptability to meet your requirements. The property's prime location in King County ensures excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a growing market. The potential for both sale and lease options provides investors with diverse avenues for maximizing their return. This is a rare opportunity to acquire a substantial commercial land parcel with significant development potential in a desirable location. Contact us to discuss the possibilities.

    Property Features for 31107 3Rd Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,500 SF
    Lot Size
    1,363,864 SF

    Building Details

    Year Built/Renovated
    1946/1978
    Buildings
    1
    Stories
    1

    HighLights

    • Flexible pad and anchor spaces available for sale or lease.
    • Tenant improvements negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Black Diamond
    County
    King
    State
    Washington
    Longitude
    -122.0071824
    Latitude
    47.3225806

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    Nearby Similar for Sale

    • $150,000

      Turnkey Children's Hair Salon

      Established children's hair salon with built-in clientele in Black Diamond.
      31231 3Rd Ave, Black Diamond, WA 98010
      View Details
    • $120,000
      910 SF

      Diamond Valley Single Wide Home

      Charming 2-bedroom single wide home in Black Diamond community.
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      Retail Property in Black Diamond

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    FAQs

    What type of property is this?
    Retail property - 31 Acres, Retail & Land, King County WA
    Where is this retail property located?
    The property is located at 31107 3Rd Ave Black Diamond, WA.
    What are key features of this property?
    This property features: Flexible pad and anchor spaces available for sale or lease.; Tenant improvements negotiable.;
    Request Owner's contact information
    31107 3Rd Ave Black Diamond, WA 98010
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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
    31107 3Rd Ave Black Diamond, WA 98010
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