3 Wa-305 Poulsbo, WA 98370
- Land
- 0.83 lot acres
Current Use by Public Records
- Land
Property Details for 3 Wa-305
- Lot size
- 0.83 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Poulsbo
- County
- Kitsap
- State
- Washington
- Longitude
- -122.591
- Latitude
- 47.7058
