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    OFF-MARKET
    Land

    1684 Collins Rd, Buckley, WA 98321

    7.63 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.626-acre parcel in Buckley, WA, presents a prime development opportunity. Located at 1684 Collins Rd, the property boasts R-8000 zoning, allowing for diverse residential development. This includes single-family homes (minimum 8,000 sq ft lots), townhouses or duplexes (minimum 6,000 sq ft lots), or cottage housing at 1.6 times the single-family density. The level pastureland offers stunning views of Mount Rainier. Utilities (water, sewer, and electric) are conveniently located at the street. Pre-existing plat designs for 24-27 units are available, although higher density is achievable with alternative configurations. The property comprises four separate tax parcels (APN: 7535000291, 7535000240, 7535000140, & 7535000100), simplifying the transaction. Comprehensive studies, including geotechnical, traffic impact, and stormwater analyses, along with multiple plat options, are available. This is a unique opportunity to capitalize on the potential of this desirable location. The asking price is $899,900. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 7.63 ac (332,189 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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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