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    OFF-MARKET
    Commercial real estate

    331 Buland Dr, Castle Rock, WA 98611

    2.04 ac lot Built 1945
    Property ID
    US90-1637006
    Property summary
    AI-generated overview

    This exceptional 2.04-acre property in Castle Rock, Washington, presents a unique live/work opportunity. Established in 1999, the Castle Rock Nursery boasts a thriving business with significant infrastructure already in place. The property includes a charming 800-square-foot, one-bedroom, one-bathroom residence, seamlessly blending comfortable living with a productive workspace. Extensive greenhouse space totaling 3,800 square feet (comprising two greenhouses of 2,600 and 1,200 square feet respectively) allows for year-round cultivation, enhanced by propane heating. Further improvements include a substantial 1,200+ square-foot barn and a 144-square-foot retail office, providing ample space for storage, operations, and customer interaction. The property is conveniently located minutes from Interstate 5 North, ensuring easy access and excellent visibility. The property is zoned UZ. A newly constructed home adjacent to the nursery may be included in the sale through separate negotiations, presenting an even more compelling investment opportunity. This turnkey operation is offered at $450,000 and is being sold by the owner. The six existing buildings are all single-story structures built in 1945.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1945
    Lot 2.04 ac (88,862 SF)
    UPID US90-1637006
    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
    Current use
    Occupant on record · Public records
    • Castle Rock Nursery Department Store
    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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