282 & Nat Washington Way Ephrata, WA 98823
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.