Property profile

15921 Hwy 21 Republic, WA 99166

OFF-MARKET
Industrial properties
Property ID
US90-2536397
27.79 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Use group CONSTRUCTION/CONTRACTING SERVICES
Lot 27.79 ac (1,210,532 SF)
APN 33607310001000
UPID US90-2536397

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15921 Hwy 21 Republic, WA 99166
Republic metro Census 970200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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