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Property profile

2 State Rte Beverly, WA 99321

OFF-MARKET
Land

Property summary

AI-generated overview

This exceptional 18-acre property, encompassing two parcels within the Wanapum Beaches Subdivision, presents a phenomenal opportunity for development. Located at 2 State Route 243, Beverly, WA 99321 (APN 150243002), this high-bank waterfront land boasts breathtaking panoramic views of the Columbia River and Wanapum Lake, extending north and south. The expansive 791,921 square foot lot is zoned residential, offering abundant natural light throughout the day, creating spectacular sunrise and sunset vistas. Conveniently situated, the property is a short drive from a boat launch to the south and offers easy access to multiple townships for daily necessities in various directions. The renowned Gorge Amphitheater is also conveniently located to the north. This remarkable property is priced at $580,000. Note that additional adjacent lots are also available for purchase. This is a rare chance to acquire a significant piece of waterfront land with exceptional potential. The property's size and location make it ideal for a variety of residential development projects. Don't miss this unique opportunity to build your dream home or develop a premier residential community in a stunning natural setting.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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