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    20004-20402 10Th Ave Ridgefield, WA 98642

    Sponsored
    For Sale
    $12,317,200

    46 Acres, I-5 Visibility, Divisible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 46.48-acre property in Ridgefield, Washington's Clark County, offers unparalleled development potential. Strategically located off Interstate 5, this land boasts prime visibility and accessibility. Zoned BP - Business Park, it allows for a diverse range of uses including office, medical, light manufacturing, wholesale, warehousing, transportation, research, and even agricultural or retail ventures. The property comprises two contiguous parcels (approximately 25 acres and 21.48 acres), providing flexibility for development. The seller will consider dividing the land into smaller lots, catering to various project scales. With a total asking price of $12,317,200 ($265,000 per acre), this presents a significant investment opportunity in a rapidly growing area. The western edge of the site offers exceptional I-5 visibility, ensuring maximum exposure for any development. This is a rare chance to acquire a large, versatile parcel in a highly desirable location with excellent access to major transportation arteries. The property is situated at 20004-20402 NE 10th Ave, Ridgefield, WA 98642.

    Property Features for 20004-20402 10Th Ave

    General Information

    Property type
    Farms
    Lot Size
    2,024,669 SF

    HighLights

    • 46.48‑acre development site in Ridgefield, WA's Clark County, comprised of two contiguous parcels (approx. 25 acres and 21.48 acres).
    • Prime I‑5 location offering exceptional visibility and accessibility.
    • BP (Business Park) zoning allows for diverse uses including office, medical, light industrial, retail, and more.
    • Seller will consider dividing the land into smaller lots.
    • $12,317,200 asking price ($265,000 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Department Store Food Market Storage Facility Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgefield
    County
    Clark
    State
    Washington
    Longitude
    -122.6624317
    Latitude
    45.7662245

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - 46 Acres, I-5 Visibility, Divisible
    Where is this farm located?
    The property is located at 20004-20402 10Th Ave Ridgefield, WA.
    What is the asking price?
    The asking price for this property is $12,317,200.
    What are key features of this property?
    This property features: 46.48-acre development site in Ridgefield, WA's Clark County, comprised of two contiguous parcels (approx. 25 acres and 21.48 acres).; Prime I-5 location offering exceptional visibility and accessibility.; BP (Business Park) zoning allows for diverse uses including office, medical, light industrial, retail, and more.
    Request Owner's contact information
    20004-20402 10Th Ave Ridgefield, WA 98642
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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
    20004-20402 10Th Ave Ridgefield, WA 98642
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