Property profile

1850 Prudential Blvd Longview, WA 98632

FOR SALE
Industrial properties
Property ID
US90-0969241
7.86 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 7.86-acre industrial property in Longview, Washington, presents a compelling redevelopment opportunity. Located within the Mint Farm industrial park, this site boasts a convenient address at 1850 Prudential Blvd, 98632, and is zoned HI (Heavy Industrial), permitting a range of light industrial uses. The property includes an existing approximately 4,000 square foot office building, providing immediate utility or potential for renovation. The land itself is valued at $7.30 per square foot. A significant advantage is the potential to expand the property by acquiring an adjacent 4.24-acre parcel, resulting in a total of up to 12.1 contiguous acres. This expansion potential significantly enhances the site's development flexibility. Furthermore, existing crushed rock and aggregate on-site can contribute to future construction costs, offering a considerable advantage. The property's location within an Opportunity Zone adds another layer of investment appeal. This is a rare chance to acquire a well-situated, expandable industrial site with existing infrastructure, making it ideal for various manufacturing or industrial projects. The asking price for this prime redevelopment opportunity is $2,500,000.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 7.86 ac (342,382 SF)
APN 53603505
UPID US90-0969241

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

1850 Prudential Blvd Longview, WA 98632
Longview metro Census 980000 LONGVIEW, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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