190 Nile Ave East Wenatchee, WA 98802
This exceptional 24.39-acre commercial land parcel presents a remarkable investment opportunity in the thriving East Wenatchee, Washington market. Located at 190 S Nile Ave, 98802, this strategically positioned property boasts a highly desirable "L" shape, offering significant development potential. The site's prime location abuts Grant Road, Nile Avenue, 1st Street, and 2nd Street, ensuring high visibility and accessibility. Zoned for Light Commercial use, this property offers flexibility for a wide range of commercial ventures. Interestingly, the existing zoning has also permitted apartment development via Conditional Use Permit (CUP) in the past, opening up additional possibilities for mixed-use projects. The asking price is $4,200,000, translating to an attractive price per acre of $172,202. This substantial land area, coupled with its strategic location and flexible zoning, makes it an ideal platform for large-scale commercial development in a rapidly growing area. Further investigation into the property's potential uses and development opportunities is strongly encouraged. A video showcasing the property is available for viewing. This is a rare opportunity to acquire a significant commercial land holding in a dynamic and expanding market.
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
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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.