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Property profile & analytics
OFF-MARKET
Commercial real estate

190 Nile Ave East Wenatchee, WA 98802

24.39 ac lot
Entity Owned
Property ID
US90-1990368
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 24.39 ac (1,062,428 SF)
UPID US90-1990368
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Affinity At Wenatchee LLC
Affinity At Wenatchee LLC
since 2026
2 recorded transactions
2026
$2.4M
2026
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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