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Property profile & analytics
OFF-MARKET
Land

319 Reservoir Rd Sequim, WA 98382

18.31 ac lot
Property ID
US90-2851025
Property summary
AI-generated overview

This exceptional 18.31-acre parcel presents a unique investment opportunity in the highly sought-after Sequim, Washington area. Located at 319 Reservoir Road, this property boasts a prime location just minutes from downtown Sequim, offering convenient access to amenities and services. The land is zoned for 4-8 lots per acre, providing significant development potential. City utilities and power are readily available along Reservoir Road, and on-site irrigation water is an added benefit. While views of the straits are partially obscured, strategic development could enhance these vistas. The property's APN numbers are 033030420020, 033030420030, and 033030420040. Sequim's consistent growth and desirability make this a compelling investment for developers seeking to capitalize on the area's expanding market. This is a rare opportunity to acquire a substantial land holding in a thriving community, offering the potential for significant returns. The asking price for this remarkable property is $1,149,000. Don't miss this chance to secure your stake in Sequim's future.

Property profile
Verified
Property type Land
Lot 18.31 ac (797,584 SF)
UPID US90-2851025
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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