0 Nna Old Riverside Hwy Omak, WA 98841
This exceptional 17.42-acre agricultural property in Omak, Washington, presents a unique investment opportunity. Located on NNA Old Riverside Hwy, with APN 3426120032, this privately owned land boasts a desirable "ag" zoning designation. The property features a flat topography, providing convenient access and usability. A significant advantage is the inclusion of over 15 deeded acres of water rights, ensuring a reliable water supply for agricultural purposes. Currently, the upper portion of the land is utilized for alfalfa production, with a historical agreement in place for harvesting. The lower bench offers potential for various uses, including the construction of storage buildings, as it was left unharvested this year. A private well is also situated on the property, supplementing the water resources available through OID irrigation. All existing irrigation equipment is included in the sale. The property's location offers a blend of rural tranquility and convenient proximity to local amenities. Future development possibilities include a residential subdivision or self-storage facility, subject to necessary approvals. This property is priced at $350,000. Don't miss this chance to acquire a versatile and well-resourced agricultural parcel in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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