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    OFF-MARKET
    Commercial real estate

    27100 262Nd Ave, Ravensdale, WA 98051

    2.42 ac lot
    Property ID
    US90-2746942
    Property summary
    AI-generated overview

    This exceptional 2.42-acre vacant lot in Ravensdale, WA presents a unique opportunity to build your dream home. Located in a private five-lot community, this property boasts a building permit currently in process. The seller has already completed significant groundwork, including planned clearing for the home and yard, ensuring expansive views of the Maple Valley/Ravensdale foothills. The property features an electric gate, a completed septic design, CAD letter, geotechnical report, drainage engineering, and city water access. Detailed house plans for a 3,500 square foot daylight basement rambler with a 768 square foot garage are available. A small creek runs along the bottom of the lot, and multiple old-growth trees offer possibilities for recreational features. Conveniently located minutes from 4 Corners, this property offers easy access to Highways 169 and 18, providing multiple commute options. The property is also within the highly-rated Tahoma School District. Buyers can utilize the existing house plans or bring their own, customizing the site layout to create their ideal home. The lot is situated at 27100 262nd Ave SE, Ravensdale, WA 98051. This is a truly remarkable opportunity to build a custom home in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.42 ac (105,502 SF)
    UPID US90-2746942
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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