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Property profile & analytics
OFF-MARKET
Land

0 Devils Gap Rd Angels Lndg Rd My Dr Edwall, WA 84780

127 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 127 ac (5,532,120 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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