0 Devils Gap Rd Angels Lndg Rd My Dr, Edwall, WA 84780
This exceptional 127-acre farm presents a unique investment opportunity in Lincoln County, Washington. Located near Edwall, WA, with addresses on Devils Gap Rd, Angels Landing Rd, and My Drive North, this property boasts diverse acreage parcels, ideal for agricultural and industrial uses. The permitted zoning is Agriculture/Industrial, offering flexibility for a variety of ventures. The property is comprised of four separate parcels with the following acreages: 63.0 acres (APN 2739024300020), 47.45 acres (APN 2739024300050), 14.17 acres (APN 2739024300040), and 2.6 acres (APN 2739024300025). The asking price is $4,250,000. A current lease is in place, generating an annual income of $150,000 plus net-net-net (NNN) expenses. This lease has a 10-year term with a 10-year option to extend, providing long-term financial stability. The property's strategic location and versatile zoning make it an attractive proposition for both established businesses and forward-thinking investors seeking a substantial return on investment in the fertile lands of Washington State. The zip code is 84780. This is a rare opportunity to acquire a significant land holding with proven income potential in a desirable location.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
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