You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Land

2899 Regatta Dr Oak Harbor, WA 98277

3.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.74-acre commercial land parcel in Oak Harbor, Washington, presents a unique investment opportunity. Located at 2899 NE Regatta Dr, 98277, this property is zoned C-4, offering significant development potential. The asking price is $2,100,000. Approved site and civil construction plans are available for a 60,000 square foot RV/boat storage facility, featuring various unit sizes. Conceptual plans for a 64,550 square foot, two-story industrial flex warehouse with ample natural light are also available. The property benefits from a completed Phase 1 Environmental Report and Geotechnical Testing Report, both available upon request. Street improvement requirements on NE Regatta Drive have been waived, and a stormwater detention pond is situated on an adjacent parcel, maximizing usable land area and reducing development costs. This "shovel-ready" site includes completed utility and site work improvements, resulting in faster and less expensive civil design and construction. The property's convenient location provides easy access to Highway 20, the ferry, and Naval Air Station Whidbey Island. Seller financing may be available. The property's legal description is APN R13325-079-1150, and ownership is held by an LLC. This is an ideal opportunity for developers seeking a prime location with significant infrastructure advantages in a growing market.

Property profile
Verified
Property type Land
Lot 3.74 ac (162,914 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2899 Regatta Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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