15921 Hwy 21 Republic, WA 99166
This exceptional 31.85-acre commercial property presents a unique investment opportunity in Republic, WA. The heart of the property is a fully permitted gravel pit boasting substantial reserves of material, ready for immediate extraction. Complementing the pit is a substantial 4,800 square-foot shop building, featuring oversized doors, durable concrete floors, and multiple storage rooms. Adding to its versatility, the shop also includes a conveniently located apartment, ideal for on-site management or employee housing. Further enhancing the property's functionality are a 168 square-foot office building and a dedicated bathhouse, catering to both operational needs and employee comfort. Previously configured as a concrete batch plant, the property retains existing infrastructure including a storage tank and wash pit, offering potential for various uses. Situated approximately half a mile south of Republic on a state highway accessible year-round, this location ensures convenient access to transportation networks. All necessary permits and comprehensive geological reports are readily available for review, providing complete transparency and facilitating a smooth transition for the new owner. This turnkey operation presents a rare chance to acquire a well-established and profitable commercial venture with significant growth potential. The combination of the gravel pit, substantial shop, and additional buildings makes this an unparalleled opportunity in the Republic, WA market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.