4645 Swenson Rd Clayton, WA 99110
- Manufacturing properties
- 6,000 SF
- 20.00 lot acres
Current Use by Public Records
- Ray's Lemonade / Corporate Office
Property Details for 4645 Swenson Rd
- Year built
- 2015
- Lot size
- 20.00 lot acres
- Property size
- 6,000 SF
- Property type
- Manufacturing properties
- APN
- 5841542
- APU
- 5841542
Description
Exceptional investment opportunity: a 20-acre cannabis park in Clayton, WA, listed at $4,950,000. This property boasts a total of 55,600 square feet of building space, encompassing fourteen structures. The main buildings range in size from 4,000 to 10,000 square feet, complemented by ten 3,000 square foot greenhouses. Constructed between 2015 and 2022, the property is zoned for agricultural use (A) and enjoys a strong net operating income (NOI) of $349,000, translating to a 7.05% capitalization rate. Strategically located 25 miles northwest of Spokane, WA, this park benefits from established tenants including Ray's Lemonade, a rapidly expanding liquid cannabis manufacturer, and Phat Panda, a high-tech cultivation operation utilizing state-of-the-art greenhouse technology. The property presents a compelling opportunity for investors seeking exposure to the thriving Washington cannabis market. The price per square foot is $89.03. This turnkey operation offers immediate cash flow and significant growth potential. The address is 4645 S Swenson Rd, Clayton, WA 99110.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clayton
- County
- Stevens
- State
- Washington
- Longitude
- -117.564
- Latitude
- 47.9672
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA