319 Reservoir Rd Sequim, WA 98382
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.