This exceptional 15.2-acre commercial property in Chelan, WA, offers breathtaking territorial, lake, and mountain views. Located on 29 Nora Ln, 98816, this land boasts a desirable blend of flat and rolling hills, ideal for a variety of commercial uses. The property features highly usable soils and is conveniently situated between Manson and Chelan, providing easy access via a paved county road just minutes from Lake Chelan. Zoned Agricultural Commercial (AC), this expansive parcel includes 14.62 acres of irrigation water rights, ensuring ample resources for agricultural or related ventures. While PUD power is available, a domestic well will need to be drilled. As part of an open space plat, the property allows for up to 66,000 square feet of structures (maximum 10% of the total land square footage), suitable for uses related to agriculture, forestry, or recreational purposes. The asking price is $595,000, and the seller is offering financing options, making this a compelling investment opportunity. The price per acre is $39,145. Don't miss this chance to own a piece of picturesque Chelan County.
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
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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.