000 Midway Blvd Oak Harbor, WA 98277
This exceptional 0.58-acre commercial land parcel presents a unique investment opportunity in Oak Harbor, WA. Strategically located on NE Midway Blvd, a major commercial thoroughfare, this property boasts a C-3 zoning designation, allowing for diverse development options, including mixed-use projects. The site's prime location benefits from high traffic counts generated by established local and national businesses in the area. Its proximity to key attractions further enhances its appeal: the Oak Harbor waterfront and marina, NAS Whidbey Island Naval Air Station, Deception Pass State Park, and a variety of retail and service providers are all within easy reach. The property's 0.58 acres offer significant potential for developers seeking to capitalize on the strong demand for both commercial and multi-family developments in this thriving market. The site's accessibility and visibility make it an ideal location for a wide range of commercial ventures. This is a rare chance to acquire a highly desirable commercial lot in a rapidly growing area. The property includes Tax ID numbers R13335-094-3830 and R13335-087-3790. Lease terms are negotiable. Don't miss this chance to secure a piece of Oak Harbor's vibrant commercial landscape.
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
Similar Nearby for Sale
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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.