You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

3 Wa-305 Poulsbo, WA 98370

0.83 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 0.83 ac (36,155 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3 Wa-305?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message