0 Oak St White Salmon, WA 98672
This exceptional 49.39-acre property in White Salmon, Washington, presents a unique investment opportunity. Located on Southwest Oak Street in Klickitat County (zip code 98672), this land boasts 19 approved development lots, ready for immediate construction. Enjoy breathtaking views of the Columbia River Gorge, a highly desirable location known for its stunning natural beauty and proximity to the vibrant Gorge wine region. The property's elevated position offers panoramic vistas. Situated just a short 13-minute drive from Hood River, Oregon, residents will have easy access to both Washington and Oregon amenities. Two conceptual site plans are available, showcasing potential layouts for lots with Columbia River and Mount Hood views. This is an unparalleled chance to develop a prestigious residential community in a sought-after location, capitalizing on the area's growing popularity and the demand for high-quality homes with exceptional views. The asking price for this remarkable land parcel is $4,900,000. This represents a significant opportunity for developers seeking to create a premier residential development in the heart of the Columbia River Gorge. The property's approved lot status streamlines the development process, minimizing delays and maximizing return on investment.
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
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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.