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Property profile & analytics
OFF-MARKET
Land

1043 Byp Dr Pullman, WA 99163

Property ID
Property summary
AI-generated overview

This exceptional 3.88-acre development site, located at 1043 & 1051 SE Bypass Drive, Pullman, Washington 99163, presents a unique opportunity for high-density multifamily construction. Zoned R-4, this property allows for the development of up to 168 multifamily units without requiring additional density increases. The site encompasses a substantial 168,995 square feet and is comprised of two parcels: Lot 1, Block 3, and Lot 2, Block 3, within the Palouse Business Center Sub (APN: 1-1203-00-03-01-0000 and 1-1203-00-03-02-0000 respectively). This prime location in Pullman, WA (zip code 99163) offers significant potential for a lucrative investment. The asking price is $1,433,000 and the sale is structured to accommodate a 1031 exchange. This presents a compelling opportunity for investors seeking a high-yield, multifamily development project in a thriving Washington community. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a large, well-positioned parcel ready for immediate development.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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