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    3 Wa-305 Poulsbo, WA 98370

    Sponsored
    For Sale
    Contact for pricing

    Prime Poulsbo commercial land, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity, known as College Marketplace, presents 61 acres of prime development space in Poulsbo, Washington. Strategically located at the intersection of Highways 305 and 3, this site boasts combined average daily traffic exceeding 50,000 vehicles, making it a highly visible and accessible location within a major transit corridor. The property comprises 31 commercially zoned parcels, including 18 commercially zoned lots, 11 business park zoned lots, and 3 multifamily zoned lots. Individual parcels range from 0.83 to 8.52 acres (17,608 to 370,837 square feet), with prices ranging from $10.40 to $18.00 per square foot. The lots are pad-ready, featuring completed grading, curbs, gutters, and sidewalks, and stubbed utilities (buyer to verify). Existing stormwater retention ponds maximize buildable area. The City of Poulsbo is open to collaborating with buyers on potential Master Plan revisions. Development options include build-to-suit buildings for industrial (20,000-80,000 sq ft), office/medical (9,000-250,000 sq ft), and retail (2,000-60,000 sq ft) uses. The seller is offering both individual parcels and discounted combinations of parcels. This is a rare opportunity to acquire a significant commercial development site in a high-growth area.

    Property Features for 3 Wa-305

    General Information

    Property type
    Land
    Lot Size
    36,155 SF

    HighLights

    • Lot sizes range from 17,608 to 370,837 square feet.
    • Acreage ranges from 0.83 to 8.52 acres.
    • Sale price per square foot ranges from $10.40 to $18.00.
    • Fifteen developable lots are available.
    • A 61‑acre parcel is also available.
    • Discounted pricing available for bulk purchases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Poulsbo
    County
    Kitsap
    State
    Washington
    Longitude
    -122.5911086
    Latitude
    47.7058282

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    FAQs

    What type of property is this?
    Land - Prime Poulsbo commercial land, high traffic.
    Where is this land located?
    The property is located at 3 Wa-305 Poulsbo, WA.
    What are key features of this property?
    This property features: Lot sizes range from 17,608 to 370,837 square feet.; Acreage ranges from 0.83 to 8.52 acres.; Sale price per square foot ranges from $10.40 to $18.00.
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    3 Wa-305 Poulsbo, WA 98370
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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
    3 Wa-305 Poulsbo, WA 98370
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