111 Pace Dr East Wenatchee, WA 98802
- Warehouses
- 6,000 SF
- 1.79 lot acres
Current Use by Public Records
- Warehouses
Property Details for 111 Pace Dr
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.79 lot acres
- Property size
- 6,000 SF
- Zone code
- 2
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 4000000804
- APU
- 4000000804
Description
This exceptional ±3.9-acre commercial land parcel presents a rare ground-up development opportunity in the thriving East Wenatchee market. Ideally situated adjacent to a Costco, this pad site boasts unparalleled visibility and accessibility, ensuring high traffic and strong potential for a variety of commercial ventures. The property's location at 111 S Pace Dr, East Wenatchee, WA 98802, offers convenient access to major transportation routes and a dense residential population. The asking price is $1,202,696, translating to approximately $11.00 per square foot. This represents a compelling investment opportunity given the prime location and development potential. The parcel number is 04-00-00-00803, and the property is classified as commercial land within Douglas County, Washington. This site is uniquely positioned to capitalize on the significant growth and economic activity in the East Wenatchee area. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity. The property's strategic location near a major retailer like Costco promises high foot traffic and strong brand recognition for any future development. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly expanding market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,670,000
- 6.5%
- $1,900,000
- 7%
- $1,805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,425,000
- Geo Method
- $1,595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,700,000
- Retail
- $1,825,000
- Mixed-Use
- $1,935,000
- Hospitality
- $1,825,000
- Educational
- $1,865,000
- Residential Income
- $1,665,000
- Energy
- $1,825,000
- Income-Based Land
- $1,680,000
- Food Service
- $1,940,000
Location Insight
- Map
- Local Demand
- City
- East Wenatchee
- County
- Douglas
- State
- Washington
- Longitude
- -120.28
- Latitude
- 47.4037
- CBSA code
- 48300
- CBSA name
- WENATCHEE, WA METROPOLITAN STATISTICAL AREA
