0 Xxxx Irby Rd Odessa, WA 99159
This exceptional 1,112-acre property in Lincoln County, Washington, presents multiple development opportunities. Comprised of five contiguous parcels with generous paved road frontage, the land boasts two seasonal lakes and allows for unrestricted subdivision into minimum 20-acre parcels. One parcel borders a public utility substation, attracting interest for energy development. Conveniently located near Interstate 90, Moses Lake, and Banks Lake Recreational Complex, this versatile land offers diverse possibilities. Domestic wells are permissible on 20-acre divisions, enabling cluster development or ranchette opportunities. The property can be purchased as a whole, individually by parcel, or in custom divisions to suit buyer needs. Lincoln County's mixed-use zoning allows for residential plats and light commercial activities on non-tillable land. Potential exists for energy, utility, and residential development. Buyers are responsible for verifying land use information and obtaining necessary permits and approvals. Detailed parcel information includes: Parcel 1 (92.1 acres, $257,880, bordering a substation); Parcel 2 (82.8 acres, $231,840); Parcel 3 (294.7 acres, $825,160); Parcel 4 (320 acres, $896,000); and Parcel 5 (322.85 acres, $898,380). All offers are considered, with deal terms to be negotiated.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.