14600 468th SE Ave North Bend, WA 98045-8762
This exceptional 4.4-acre commercial land parcel presents a rare investment opportunity in North Bend, Washington. Located at 14600 SE 468th Ave SE, this property boasts a highly desirable location with convenient access to Interstate 90, placing it within easy reach of major transportation routes. The land is zoned for Business and Commercial use, offering significant development potential. With a total area of 191,665 square feet (4.4 acres), the site is large enough to accommodate a variety of projects. Currently improved with a 44-room, two-story motel built in 1987 and significantly renovated in 1990, this property offers flexibility for redevelopment. The property's proximity to key attractions such as the Snoqualmie Summit Ski Resort, Snoqualmie Falls, Salish Lodge & Spa, Ken's Truck Town, Seattle East Travel Plaza, and the North Bend Factory Outlet enhances its appeal. All four parcels comprising this property are serviced by sewer. The asking price is $12,000,000. The Assessor's Parcel Number (APN) is 2267500080. Rent bumps are permitted. This presents a unique chance to acquire a prime development site in a high-traffic area with significant growth potential.
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Edgewick Inn Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
IC · North Bend, WANorth Bend. Always verify with local authorities before improvements.
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.