18901 Welch Rd Snohomish, WA 98296
This exceptional 6.44-acre parcel in Snohomish County, Washington, presents a unique opportunity for residential development. Located at 18901 Welch Rd, Snohomish, WA 98296 (APN 27061600302800), this property is zoned for residential use and offers significant potential. Preliminary work for a two-lot subdivision has already been completed, including a septic feasibility study for two lots, a critical area study, a survey, a preliminary site plan, a drainage report, and permitting for land disturbance activity, including driveway access. This extensive groundwork significantly streamlines the development process, saving time and resources for the buyer. The property's serene and tranquil setting provides a peaceful escape while remaining conveniently located. Buyers are encouraged to conduct their own due diligence and investigations to ensure the property meets their specific needs and requirements. The property is currently listed at $700,000. Please refrain from disturbing existing survey stakes and ribbon. Walk the land and experience the tranquility firsthand. This is an exceptional opportunity to build a custom dream home or two homes on this expansive lot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
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.