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Property profile & analytics
OFF-MARKET
Land

0 Midway Blvd Oak Harbor, WA 98277

0.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.58-acre commercial land parcel presents a remarkable investment opportunity in Oak Harbor, Washington. Strategically located on NE Midway Blvd, a major commercial thoroughfare, this property boasts a C-3 zoning designation, permitting a diverse range of commercial and mixed-use developments. The high demand for both multi-family and commercial projects in this burgeoning market makes this a particularly attractive proposition. The site benefits from significant traffic volume generated by established local and national businesses in the immediate vicinity. Its convenient location offers easy access to Oak Harbor's waterfront and marina, NAS Whidbey Island Naval Air Station, Deception Pass State Park, and a variety of retail and service businesses. The property's tax identification numbers are R13335-094-3830 and R13335-087-3790. The asking price is $375,000, representing a price per acre of $646,552. Lease terms are negotiable. This is a rare chance to acquire a prime development site in a thriving area with excellent visibility and accessibility.

Property profile
Verified
Property type Land
Lot 0.58 ac (25,265 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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