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    Property profile & analytics

    Nka Grapeview, WA 98524

    • Land
    • 8.78 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Nka

    Lot size
    8.78 lot acres
    Property type
    Land

    Description

    This exceptional 8.78-acre parcel presents a remarkable multifamily development opportunity in the desirable waterfront community of Allyn, Washington. Located in Mason County, near the Case Inlet of Puget Sound, this property boasts a permitted R3 zoning designation, allowing for the construction of a substantial multifamily project. Preliminary estimates suggest the potential for 100-160 residential units, making this an attractive investment for developers seeking high-density residential development. The asking price is $650,000, translating to approximately $74,032 per acre. The land is priced at $1.70 per square foot. Conveniently located at 0 NKA, Allyn, WA 98524 (47.3506757, -122.8493277), this site offers unparalleled access to the natural beauty of Puget Sound while being strategically positioned for residential growth. Water and sewer services are readily available, simplifying the development process and reducing infrastructure costs. This is a rare chance to acquire a significant land holding in a thriving waterfront community with strong potential for substantial returns. The property's zoning and location make it an ideal candidate for a variety of multifamily developments, catering to the growing demand for housing in the area. Don't miss this opportunity to secure a prime piece of waterfront property with exceptional development potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grapeview
    County
    Mason
    State
    Washington
    Longitude
    -122.849
    Latitude
    47.3507

    Comparable in this City

    • Value Estimation
      $195,000
      52.63 Acres

      251 Lk Devereaux Rd

      CAMPGROUND, RV PARK • 52.63 Acres
      251 Lk Devereaux Rd, Allyn, WA 98524-7779
      View Details
    • Value Estimation by Request
      0.32 Acres

      17721 State Rte 3rd 3

      INDUSTRIAL - VACANT LAND • 0.32 Acres
      17721 State Rte 3rd 3, Allyn, WA 98524-7728
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    • Value Estimation by Request
      0.32 Acres

      Allyn, WA 98524

      INDUSTRIAL - VACANT LAND • 0.32 Acres
      Allyn, WA 98524
      View Details
    • Value Estimation by Request
      0.15 Acres

      16792 State Rte 3rd 3

      VACANT COMMERCIAL LAND • 0.15 Acres
      16792 State Rte 3rd 3, Allyn, WA 98524-9773
      View Details
    • Value Estimation by Request
      0.34 Acres

      Allyn, WA 98524

      INDUSTRIAL - VACANT LAND • 0.34 Acres
      Allyn, WA 98524
      View Details
    • Value Estimation by Request
      1.00 Acre

      Allyn, WA 98524

      INDUSTRIAL - VACANT LAND • 1.00 Acre
      Allyn, WA 98524
      View Details
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    Nka
    Grapeview, WA 98524
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    Realmo Value Estimation

    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.

    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.

    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
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