11001 Burton Rd Vancouver, WA 98682
This exceptional 2.2-acre commercial land parcel in Vancouver, Washington, presents a remarkable opportunity for multifamily development. Located at 11001 NE Burton Rd, 98682, this fully entitled property boasts a CC zoning designation, streamlining the construction process. Building permits have already been submitted and are anticipated to be issued in the second quarter of 2024. The site's convenient location offers immediate access to essential amenities, including nearby schools, public transportation, and a variety of retail services. Residents will enjoy the walkability to Safeway and other retail shops. This prime location ensures strong rental demand and a high return on investment. The asking price is $5,500,000. Comprehensive third-party due diligence reports are available for review, providing potential buyers with complete transparency and confidence in the property's viability. This is a rare opportunity to acquire a fully entitled multifamily development site in a thriving Washington community, ready for immediate construction. Don't miss this chance to capitalize on the robust Vancouver real estate market. Contact us today to learn more and schedule a site visit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.