11438 128Th St, Vancouver, WA 98662
This exceptional 1.37-acre lot, located at 11438 NE 128th St in Vancouver, Washington, presents a unique opportunity for industrial development. Priced at $700,000, this property is zoned for Light Industrial use and boasts a number of key advantages. The site is already shovel-ready, with rough grading and a level surface completed. An approved site plan is in place, although the buyer will be responsible for associated fees. All public utilities extend to the lot line, simplifying the construction process and minimizing upfront costs. Strategically situated within the Glenwood Industrial Park, this location offers easy access to major transportation arteries, including Highway 503 and 119th Street, ensuring excellent connectivity for businesses. The area is experiencing significant growth, making this a prime investment opportunity in a thriving business environment. The property's readily available infrastructure and convenient location make it ideal for a variety of industrial uses. Don't miss this chance to acquire a well-positioned, fully prepared lot ready for immediate development. The zip code is 98662.
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
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.