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Property profile & analytics
FOR LEASE
Grocery and convenience stores

28312 N Newport Hwy Chattaroy, WA 99003

3,000 SF 2.12 ac lot Built 1985
Entity Owned 6-yr Hold Free & Clear
Property ID
US90-3331697
28312 N Newport Hwy, Chattaroy, WA 99003 For Lease
Contact for pricing
28312 N Newport Hwy, Chattaroy, WA 99003
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Property summary
AI-generated overview

This exceptional commercial land parcel, located at 28312 N Newport Hwy in Chattaroy, WA 99003, presents a unique investment opportunity. The property boasts a generous 25,000 square feet of usable land, ideal for a variety of commercial ventures. With a total lot size of 92,347 square feet, there is ample space for development and expansion. The property is designated for single-tenant occupancy, offering a streamlined approach to leasing and management. Situated in Chattaroy, Washington, this location offers convenient access to key transportation routes and amenities, making it an attractive proposition for businesses seeking a strategic foothold in the region. The property's size and location make it suitable for a wide range of commercial uses, from light industrial to retail, subject to local zoning regulations. This is a blank canvas for your next commercial project. The latitude and longitude coordinates are 47.9146969, -117.3484676, allowing for easy location verification and mapping. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location. Serious inquiries are encouraged. The property is currently available for lease.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1985
Total area 3,000 SF
Lot 2.12 ac (92,347 SF)
APN 38221.9031
UPID US90-3331697
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
$825k
CAP Approach CAP
$475k
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k
Owner & transaction history
Bawa Properties LLC · 6 yrs held
Bawa Properties LLC
since 2020
Last sale
$700,000
6 recorded transactions
2020
Price N/A
2020
$700,000
2010
$425,000
2008
Price N/A
2008
$850,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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