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    550 Broadway Ave Reardan, WA 99029

    For Sale
    $499,000

    2.25-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.25-acre commercial land parcel, located at 550 Broadway Ave in Reardan, Washington, presents a remarkable investment opportunity. Priced at $499,000, this property boasts a highly visible frontage on Broadway Ave, ensuring excellent exposure for any commercial venture. Its strategic location at the city's entrance provides unparalleled access and visibility to a growing community. The expansive lot offers considerable development potential, suitable for a diverse range of uses, including retail establishments such as convenience stores and restaurants, or other commercial enterprises. Reardan's expanding population base guarantees a steady stream of potential customers. The supportive local government actively encourages new business development, further enhancing the appeal of this property. Its proximity to Spokane, a larger city, attracts additional traffic and customers. Beyond the economic advantages, Reardan offers a high quality of life, characterized by a close-knit community, excellent local amenities, and nearby recreational opportunities. This property is ideally situated within a town experiencing robust economic growth, making it an attractive investment for both short-term and long-term gains. The property's zoning and permitted uses should be independently verified. Don't miss this chance to establish a thriving business in a vibrant and promising community. The zip code is 99029, and Lincoln County is the location.

    Property Features for 550 Broadway Ave

    General Information

    Property type
    Land
    Lot Size
    98,010 SF

    HighLights

    • Ideal location for retail, restaurants, and other commercial uses.
    • Excellent visibility from prime Broadway Ave frontage.
    • Easy access from major roadways.
    • 2.25‑acre lot with high development potential.
    • Growing Reardan population provides a strong customer base.
    • Supportive local government fosters new business development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Reardan
    County
    Lincoln
    State
    Washington
    Longitude
    -117.8704777
    Latitude
    47.6699698

    Nearby Comparable

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      Iconic Reardan Commercial Property

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      Iconic Gas Station Opportunity

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    • $150,000
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      Reardan Retail/Office Opportunity

      Highly visible 2,400 SF retail/office building on 0.48 acres.
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    Nearby Similar for Sale

    • $725,000
      0.95 Acres

      Iconic Gas Station Opportunity

      Historic gas station with development potential in Reardan, Washington.
      110 E Broadway Ave, Reardan, WA 99029
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    • $350,000

      Historic Diner Opportunity For Sale

      Iconic drive-in restaurant with real estate and equipment included.
      210 W Broadway Ave, Reardan, WA
      View Details
    • $150,000
      2,400 SF

      Reardan Retail/Office Opportunity

      Highly visible 2,400 SF retail/office building on 0.48 acres.
      100 W Broadway Ave, Reardan, WA
      View Details
    • $725,000
      0.95 Acres

      Iconic Reardan Commercial Property

      Historic Gas Station, Huge Potential
      110 Broadway Ave, Reardan, WA 99029
      View Details
    • $400,000
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      Iconic Drive-In for Sale

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    FAQs

    What type of property is this?
    Land - 2.25-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 550 Broadway Ave Reardan, WA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Ideal location for retail, restaurants, and other commercial uses.; Excellent visibility from prime Broadway Ave frontage.; Easy access from major roadways.
    (206) 826-5677
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    550 Broadway Ave Reardan, WA 99029
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    Reardan, WA 99029
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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
    550 Broadway Ave Reardan, WA 99029
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