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    282 & Nat Washington Way Ephrata, WA 98823

    Sponsored
    For Sale
    $235,000

    High-visibility land, ideal for QSR. $235,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.08-acre parcel, located at the intersection of Highway 282 and Nat Washington Way in Ephrata, Washington (APN 131586528), presents a unique investment opportunity. Priced at $235,000, or $5 per square foot, this land boasts significant frontage—285 feet—along the main Ephrata arterial, Highway 282, ensuring exceptional visibility and accessibility for any business. The property's zoning allows for multiple uses, making it particularly attractive for a drive-thru quick-service restaurant (QSR) or similar commercial venture. Situated in Grant County, Washington, with a zip code of 98823, this location offers easy access to the city's amenities and a strong local market. The coordinates are 47.3016485 latitude and -119.5404717 longitude. This prime commercial land is ready for development and represents a compelling opportunity for investors seeking high-traffic exposure in a growing community. Don't miss this chance to secure a prominent location on a busy thoroughfare.

    Property Features for 282 & Nat Washington Way

    General Information

    Property type
    Land

    HighLights

    • Multiple uses allowed, including drive‑thru QSR.
    • High visibility on Highway 282.
    • 285 feet of frontage on Highway 282, Ephrata's main arterial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ephrata
    County
    Grant
    State
    Washington
    Longitude
    -119.5404717
    Latitude
    47.3016485

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    FAQs

    What type of property is this?
    Land - High-visibility land, ideal for QSR. $235,000
    Where is this land located?
    The property is located at 282 & Nat Washington Way Ephrata, WA.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: Multiple uses allowed, including drive-thru QSR.; High visibility on Highway 282.; 285 feet of frontage on Highway 282, Ephrata's main arterial.
    Request Owner's contact information
    282 & Nat Washington Way Ephrata, WA 98823
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    Ephrata, WA 98823
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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
    282 & Nat Washington Way Ephrata, WA 98823
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