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Property profile & analytics
FOR SALE
Commercial real estate

1214 Koala Dr Omak, WA 98841

2.5 ac lot
Individually Owned 4-yr Hold
Property ID
US90-2960247
1214 Koala Dr, Omak, WA 98841 For Sale
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1214 Koala Dr, Omak, WA 98841
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Property summary
AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in Omak, Washington. Strategically located in a Light Industrial zone, this property boasts significant frontage on three roads, including 389.89 feet along Highway 97, offering excellent visibility and accessibility. Its proximity to North 40 and FedEx provides convenient access to major transportation routes and logistics hubs. The property's value is further enhanced by the already completed site survey and topographical map, streamlining the development process and minimizing pre-construction uncertainties. The asking price is $475,000, translating to a land value of $108,899 per square foot. The parcel's APN is 9400160025. This prime corner lot in Okanogan County, WA (zip code 98841), presents a compelling opportunity for businesses seeking a well-situated and readily-developable site in a thriving industrial area. The location offers significant advantages for businesses requiring easy access to major transportation arteries and established logistics networks. With all necessary surveys completed, this property is ready for immediate development, making it an attractive proposition for investors and developers alike. The property is zoned for Light Industrial use, providing flexibility for a range of commercial applications.

Property profile
Verified
Property type Commercial real estate
Lot 2.5 ac (108,900 SF)
APN 9400160025
UPID US90-2960247
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Spokane Teachers Credit Union · 4 yrs held
Spokane Teachers Credit Union
since 2021
2 recorded transactions
2021
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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