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    30517 Paradise Park Rd Ridgefield, WA 98642

    Sponsored
    For Sale
    $2,400,000

    Prime 5-acre commercial/industrial lot in Ridgefield, WA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre parcel, located at 30517 NW Paradise Park Rd, Ridgefield, WA 98642, presents a unique investment opportunity in Clark County's thriving Discovery Corridor. Zoned JP, this property allows for a diverse range of commercial, industrial, and office uses, making it highly versatile for various development projects. Situated near Exit 16, sharing the same exit as the Ilani Casino (a significant $1 billion capital improvement project), this location benefits from excellent visibility and accessibility. The property encompasses approximately 5 net acres (with a total of 9.08 gross acres). The APN is 211229-000. This prime location in Ridgefield, Washington's fastest-growing community, offers unparalleled potential for growth and return on investment. The asking price for this exceptional land opportunity is $2,400,000. Don't miss this chance to secure a prominent position in one of Washington's most dynamic commercial areas. This property is ideal for developers seeking a strategic location with significant growth potential. The convenient access to major transportation routes and proximity to established businesses make this a truly compelling investment.

    Property Features for 30517 Paradise Park Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre parcel in Ridgefield, WA's Discovery Corridor, zoned JP for diverse commercial/industrial/office uses.
    • Excellent visibility and accessibility near I‑5 Exit 16, sharing an exit with the Ilani Casino.
    • Approximately 5 net acres (9.08 gross acres) with APN 211229‑000.
    • Asking price: $2,400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Food Market Accounting Firm Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgefield
    County
    Clark
    State
    Washington
    Longitude
    -122.6978502
    Latitude
    45.8438604

    Nearby Comparable

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      Ridgefield Land for Sale

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      Ridgefield Commercial Land - 3 Acres

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      Ridgefield Vacant Land For Development

      10.61 acres of vacant land ready for development.
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      71.63 Acres Vacant Land Portfolio

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    Nearby Similar for Sale

    • $1,950,000
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    • $1,275,000

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial/industrial lot in Ridgefield, WA.
    Where is this land located?
    The property is located at 30517 Paradise Park Rd Ridgefield, WA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 5-acre parcel in Ridgefield, WA's Discovery Corridor, zoned JP for diverse commercial/industrial/office uses.; Excellent visibility and accessibility near I-5 Exit 16, sharing an exit with the Ilani Casino.; Approximately 5 net acres (9.08 gross acres) with APN 211229-000.
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    Ridgefield, WA 98642
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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
    30517 Paradise Park Rd Ridgefield, WA 98642
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