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    Castle Rock, WA 98611

    Sponsored
    For Sale
    $1,865,000

    Prime 10.45-acre commercial/industrial land. Excellent investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.45-acre parcel, located in Castle Rock, Washington (zip code 98611, Cowlitz County), presents a remarkable opportunity for commercial or industrial development. The property, identified by parcel number 3009100100, is zoned Mixed Use (MX), allowing for a wide range of uses. A proposed five-lot concept is available, maximizing development potential. Permitted uses include, but are not limited to, light industrial, commercial, office, retail, gas station, convenience store, healthcare facilities, microbreweries, auto repair shops, and auto sales. The asking price for this expansive property is $1,865,000. The seller offers a unique advantage by providing comprehensive construction services, encompassing all phases from initial site work to the completion of finished buildings. This turnkey option streamlines the development process, making this an exceptionally attractive investment for developers seeking a seamless transition from acquisition to operation. The property's address is 70 Ph 10, Castle Rock, WA. Its latitude and longitude coordinates are 46.27749, -122.918922 respectively.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    455,202 SF

    HighLights

    • 10.45‑acre commercial/industrial parcel in Castle Rock, WA (98611).
    • Zoned Mixed Use (MX), allowing diverse development options.
    • Proposed five‑lot concept maximizes development potential.
    • Asking price: $1,865,000.
    • Seller offers turnkey construction services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Castle Rock
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.918922
    Latitude
    46.27749

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    FAQs

    What type of property is this?
    Land - Prime 10.45-acre commercial/industrial land. Excellent investment opportunity.
    Where is this land located?
    The property is located at Castle Rock, WA.
    What is the asking price?
    The asking price for this property is $1,865,000.
    What are key features of this property?
    This property features: 10.45-acre commercial/industrial parcel in Castle Rock, WA (98611).; Zoned Mixed Use (MX), allowing diverse development options.; Proposed five-lot concept maximizes development potential.
    Request Owner's contact information
    Castle Rock, WA 98611
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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
    Castle Rock, WA 98611
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