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Property profile & analytics
FOR SALE
Waterfront Land

401 Shoreview Dr N Long Beach, WA 98631

Individually Owned 5-yr Hold
Property ID
US90-2232011
Property summary
AI-generated overview

Whether you're looking to create a private Oasis, a luxury hotel and spa, a beach front brewery or capitalize on the booming vacation rental market, this beachfront lot provides an unparalleled opportunity for development in downtown Long Beach Washington. Perfectly located between Portland, OR and and Seattle, WA. Boasting 119 feet of pristine beach frontage with amazing, unobstructed views to the south and west. A mostly flat parcel offering direct access to the popular Discovery Trail and is conveniently located close to downtown Long Beach and Bolstad beach access. Perfect for those looking to develop luxury vacation homes, this prime piece of real estate is ready for your vision. This property represents a unique blend of natural beauty, strategic location, and prime development potential zoned for up to 25 units on this 2.6-acre beachfront property in the heart of downtown Long Beach, WA.

Property profile
Verified
Property type Waterfront Land
UPID US90-2232011
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kyle Allred · 5 yrs held
Kyle Allred
since 2021
1 recorded transaction
2021
$650,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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