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Property profile & analytics
OFF-MARKET
Commercial real estate

1002 Lemmon Rd Port Angeles, WA 98362

13.2 ac lot
Individually Owned 3-yr Hold
Property ID
US90-2815808
Property summary
AI-generated overview

Exceptional investment opportunity awaits with this 13.2-acre property in Port Angeles, Washington. Boasting breathtaking views of the Straits of Juan de Fuca, Victoria Island, and the Olympic Mountains, this land presents a unique blend of agricultural potential and residential development possibilities. Previously a Washington State Department of Agriculture (WSDA) and Organic Tilth Certified Organic goat dairy farm, the property includes a fully operational dairy processing facility, a barn, and extensive fencing. The existing infrastructure significantly reduces the startup costs for potential agricultural ventures. Adding to its appeal, the property features 40 south-facing solar panels, providing a sustainable energy source and reducing operational expenses. Site preparation is complete for a three-bathroom home, with ample power already in place to support both residential construction and the addition of another barn. The property is zoned R5 and includes APN 0530105114500000. This fee-simple ownership offers a compelling combination of natural beauty, existing infrastructure, renewable energy, and development potential, making it ideal for agricultural pursuits, eco-tourism ventures, or residential development. The asking price is $849,950, with a land value of $1.47 per square foot.

Property profile
Verified
Property type Commercial real estate
Lot 13.2 ac (574,992 SF)
APN 0530105114500000
UPID US90-2815808
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
Current use
Occupant on record · Public records
  • Redcoat Goats Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Stephen Wooff · 3 yrs held
Stephen Wooff
since 2022
1 recorded transaction
2022
$141,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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