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    Red Rock Fld Royal City, WA 99357

    Sponsored
    For Sale
    $3,350,000

    162+ Acres, 7M+ sq ft, Runway Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 162+ acre commercial land parcel, encompassing over 7,072,400 square feet (APN 313837000), presents a unique investment opportunity in Royal City, Washington (zip code 99357). Located at 0 Red Rock Field, this property boasts a fully constructed 6-inch asphalt runway measuring 3892 feet by 60 feet, suitable for a range of aircraft from single-engine prop planes to multi-engine jets. Its convenient location, just four minutes from downtown Royal City, offers unparalleled accessibility. The property's expansive size and level terrain lend themselves to diverse development possibilities, including a high-end residential community with convenient runway access, a lucrative industrial park featuring hangars along the airfield, or a combination of both. A pre-existing site plan further enhances the potential for immediate development. The property is zoned for commercial use. The annual HOA fee is $1,200. This is a rare chance to acquire a significant piece of land with exceptional infrastructure in a desirable location, offering substantial cash flow potential. The property is priced at $3,350,000.

    Property Features for 0 Red Rock Fld

    General Information

    Property type
    Land

    HighLights

    • Annual HOA dues: $1,200
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Royal City
    County
    Grant
    State
    Washington
    Longitude
    -119.674123
    Latitude
    46.9004648

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    FAQs

    What type of property is this?
    Land - 162+ Acres, 7M+ sq ft, Runway Included
    Where is this land located?
    The property is located at Red Rock Fld Royal City, WA.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: Annual HOA dues: $1,200; ;
    Request Owner's contact information
    Red Rock Fld Royal City, WA 99357
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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
    Red Rock Fld Royal City, WA 99357
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