Property profile

Castle Rock, WA 98611

OFF-MARKET
Land
10.45 ac lot
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Property summary

AI-generated overview

This exceptional 10.45-acre parcel, located in Castle Rock, Washington (zip code 98611, Cowlitz County), presents a remarkable opportunity for commercial or industrial development. The property, identified by parcel number 3009100100, is zoned Mixed Use (MX), allowing for a wide range of uses. A proposed five-lot concept is available, maximizing development potential. Permitted uses include, but are not limited to, light industrial, commercial, office, retail, gas station, convenience store, healthcare facilities, microbreweries, auto repair shops, and auto sales. The asking price for this expansive property is $1,865,000. The seller offers a unique advantage by providing comprehensive construction services, encompassing all phases from initial site work to the completion of finished buildings. This turnkey option streamlines the development process, making this an exceptionally attractive investment for developers seeking a seamless transition from acquisition to operation. The property's address is 70 Ph 10, Castle Rock, WA. Its latitude and longitude coordinates are 46.27749, -122.918922 respectively.

Property profile

Verified
Property type Land
Lot 10.45 ac (455,202 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Castle Rock, WA 98611
Castle Rock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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