Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wa-270 Pullman, WA 99163
    Back to Search
    Property profile & analytics

    Wa-270, Pullman, WA 99163

    View on Map
    • Land
    • 385.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Wa-270

    Lot size
    385.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 385-acre property in Pullman, Washington, presents a unique investment opportunity. Strategically located along Highway 270, this land boasts high visibility and convenient access, with two points of entry. The site is currently used for interim farming but offers significant potential for diverse development. The property comprises twelve parcels with varying zoning designations, providing flexibility for a range of projects. Approximately 36.7 acres are zoned LI (Light Industrial), 41.7 acres are zoned R3 (Medium Density Multi-Family Residential), and 36.1 acres are zoned R1 (Single Family Residential). A substantial 60.5 acres fall within the South Pullman-Moscow Corridor District. Additionally, there are significant acreage designated for commercial and residential development within the Post City Annex area, including pre-zoned C3 (General Commercial), R3 (Medium Density Multi-Family Residential), and R1 (Single Family Residential) parcels. The property's location between Pullman and Moscow, with an average daily traffic count of approximately 14,050 vehicles, ensures high exposure and accessibility. The remaining acreage is designated as Agricultural District. This expansive property offers a rare chance to capitalize on the growing demand for residential and commercial development in this thriving area. The asking price is $3,850,000, representing a price per acre of $10,000. The property's diverse zoning and prime location make it an attractive proposition for developers seeking a large-scale project with significant upside potential. The zip code is 99163, and the property is located in Whitman County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pullman
    County
    Whitman
    State
    Washington
    Longitude
    -117.121
    Latitude
    46.7264

    Comparable in this City

    • Value Estimation by Request
      3.06 Acres

      945 Clearwater

      Land • 3.06 Acres
      945 Clearwater, Pullman, WA 99163
      View Details
    • Value Estimation by Request
      0.68 Acres

      2015 Grand Ronde Ct

      Land • 0.68 Acres
      2015 Grand Ronde Ct, Pullman, WA 99163
      View Details
    • Value Estimation by Request
      1.85 Acres

      2020 Grand Ronde Ct

      Land • 1.85 Acres
      2020 Grand Ronde Ct, Pullman, WA 99163
      View Details
    • Value Estimation by Request

      400 Colorado St

      Land
      400 Colorado St, Pullman, WA 99163
      View Details
    • Value Estimation by Request

      2255 Hopkins Ct

      Land
      2255 Hopkins Ct, Pullman, WA 99163
      View Details
    • Value Estimation by Request

      Grand Ave

      Land
      0 Grand Ave, Pullman, WA 99163
      View Details

    Similar Nearby for Sale

    • $975,000
      2.64 Acres

      Pullman Commercial Land Opportunity

      2.64 acre commercial land for sale in Pullman, WA.
      N Grand Ave, Pullman, WA 99163
      View Details
    • $65,000
      Pending

      Pullman Multifamily Development Opportunity

      9,760 sq ft lot zoned R4 in Pullman, WA.
      130 NW Ann St, Pullman, WA 99163
      View Details
    • Contact for pricing

      Commercial Land for Sale

      4.86 Acres zoned for commercial and residential development.
      1222 Johnson Rd, Pullman, WA 99163
      View Details
    • $950,000

      Land Near Idaho State Line

      Commercial land with highway frontage near Idaho border.
      122 Sand Buckler Dr, Pullman, WA 99163
      View Details
    • $79,000
      0.24 Acres

      Vacant Land in Pullman, WA

      Vacant land with views, development potential, and proximity to downtown.
      200 SE Dilke St, Pullman, WA 99163
      View Details
    • $3,000,000
      5.00 Acres

      Pullman Commercial Land For Sale

      5 acre commercial land available in Pullman, Washington.
      1045 NW Davis Way, Pullman, WA 99163
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      135,810 SF

      Pullman Warehouse: Prime Retail Space

      Large warehouse, 135,810 sq ft, 11.5 acres
      400 Fairmount Dr, Pullman, WA 99163
      View Details
    • $20 SF/Yr
      7,634 SF

      Retail Space in Pullman, WA

      Retail space available for rent in Pullman, Washington.
      1690 S Grand Ave, Pullman, WA 99163
      View Details
    • $20 SF/Yr
      1,500 SF

      Retail Space For Lease

      Retail space with flexible layout and high visibility location.
      588-594 SE Bishop Blvd, Pullman, WA 99163
      View Details
    • Contact for pricing
      1,324 SF

      Retail Space Near WSU Campus

      Retail space in mixed-use development near Washington State University.
      455 E Main St, Pullman, WA 99163
      View Details
    • $18 SF/Yr
      9,220 SF

      Retail Space For Rent

      Retail space available for lease in Pullman, Washington.
      395-425 NE Stadium Way, Pullman, WA 99163
      View Details
    • $25 SF/Yr

      Pullman Office/Medical/Retail Space Available

      Office/medical/retail space in Pullman with great signage.
      650 SE Bishop Blvd, Pullman, WA 99163
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Wa-270
    Pullman, WA 99163
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Wa-270, Pullman, WA, 99163
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!