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    29 Nora Ln Chelan, WA 98816

    Sponsored
    For Sale
    $595,000

    15 Acres, Stunning Views, Owner Financing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.2-acre commercial property in Chelan, WA, offers breathtaking territorial, lake, and mountain views. Located on 29 Nora Ln, 98816, this land boasts a desirable blend of flat and rolling hills, ideal for a variety of commercial uses. The property features highly usable soils and is conveniently situated between Manson and Chelan, providing easy access via a paved county road just minutes from Lake Chelan. Zoned Agricultural Commercial (AC), this expansive parcel includes 14.62 acres of irrigation water rights, ensuring ample resources for agricultural or related ventures. While PUD power is available, a domestic well will need to be drilled. As part of an open space plat, the property allows for up to 66,000 square feet of structures (maximum 10% of the total land square footage), suitable for uses related to agriculture, forestry, or recreational purposes. The asking price is $595,000, and the seller is offering financing options, making this a compelling investment opportunity. The price per acre is $39,145. Don't miss this chance to own a piece of picturesque Chelan County.

    Property Features for 29 Nora Ln

    General Information

    Property type
    Land
    Lot Size
    662,112 SF

    HighLights

    • $595,000 asking price for 15.2 acres of commercial land.
    • Located in Chelan, WA, at 29 Nora Ln, 98816.
    • Agricultural‑Commercial zoning allows up to 66,000 sq ft of structures (10% of total land).
    • Features lake and mountain views, usable soils, and paved road access.
    • Includes 14.62 acres of irrigation water rights; power available; domestic well needed.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Auto Repair Shop Storage Facility Bar & Pub Hotel & Motel Grocery Store Electrical Service Pawn Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Chelan
    County
    Chelan
    State
    Washington
    Longitude
    -120.074544
    Latitude
    47.88124

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    Nearby Similar for Sale

    • $4,200,000
      8,201 SF

      Chelan Retail Investment Opportunity

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      2037 W Woodin Ave, Chelan, WA 98816
      View Details
    • $950,000

      Chelan Waterfront Commercial Building

      High-Visibility Commercial Property, 6+ Units
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      View Details
    • $282,000

      Established Chelan Assisted Living Facility

      Profitable business, leasehold opportunity.
      320 Nixon Ave, Chelan, WA 98816
      View Details
    • $349,500

      Lake Chelan Restaurant Opportunity

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      138 Woodin Ave, Chelan, WA 98816
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    FAQs

    What type of property is this?
    Land - 15 Acres, Stunning Views, Owner Financing
    Where is this land located?
    The property is located at 29 Nora Ln Chelan, WA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: $595,000 asking price for 15.2 acres of commercial land.; Located in Chelan, WA, at 29 Nora Ln, 98816.; Agricultural-Commercial zoning allows up to 66,000 sq ft of structures (10% of total land).
    (509) 884-6381
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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
    29 Nora Ln Chelan, WA 98816
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