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Property profile & analytics
OFF-MARKET
Land

715 Main Ave Wilbur, WA 99185

189.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 189.38-acre commercial land parcel presents a unique investment opportunity in Wilbur, Washington, within Lincoln County. The property boasts significant highway frontage, offering unparalleled visibility and accessibility. Its strategic location offers diverse development potential, catering to a range of commercial ventures. A key advantage is its proximity to a newly constructed Dollar General store, ensuring high foot traffic and established commercial presence in the immediate vicinity. Furthermore, the development of a new 32-unit self-storage facility, along with plans for two more similar facilities in Spring 2024, underscores the area's burgeoning growth and demand for commercial space. The property is comprised of approximately 40 acres within Wilbur city limits, ideal for higher-density housing developments. Engineering assessments suggest the potential for up to 80 residential lots on this portion. The remaining 109 acres, situated in Lincoln County, allow for development at a density of one unit per 20 acres, creating the possibility of five separate 20-acre parcels. This versatile property offers a compelling blend of immediate commercial viability and long-term growth potential, making it an attractive investment for developers and entrepreneurs seeking a strategic foothold in a thriving market. The property's zoning and development regulations should be independently verified. The zip code is 99185. The address is 715 NE Main Ave, Wilbur, WA.

Property profile
Verified
Property type Land
Lot 189.38 ac (8,249,393 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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