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    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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