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Property profile & analytics
OFF-MARKET
Retail space

41 Byerly Dr Belfair, WA 98528-9693

2,760 SF 0.54 ac lot Built 1970
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US90-2165059
Property summary
AI-generated overview

This exceptional .54-acre commercial property in Belfair, WA presents a unique investment opportunity. Located in the heart of Belfair, this site offers unparalleled convenience and breathtaking views of the Hood Canal. The property includes a substantial 2760 square foot building, a charming old red barn, which presents a unique opportunity for repurposing its old-growth timbers. The barn's existing structure adds significant value and character to the property. Utilities are already in place, simplifying the development process and reducing initial investment costs. The elevated position of the property provides stunning views from a 45-foot high point, a significant advantage for any business seeking to attract customers. The versatile zoning allows for a variety of commercial uses, including office space, retail establishments, or even a place of worship. This property is ideally suited for an entrepreneur seeking a high-visibility location with significant development potential. The combination of prime location, existing infrastructure, and unique building features makes this a truly exceptional investment opportunity in a rapidly growing area. The property's proximity to the Hood Canal adds to its appeal and provides a picturesque setting for any business. Don't miss this chance to acquire a piece of Belfair's vibrant commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction POLE FRAME
Total area 2,760 SF
Lot 0.54 ac (23,522 SF)
APN 12332-51-00924
UPID US90-2165059
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
Rebecca A Maguire · 2 yrs held
Rebecca A Maguire
since 2023
Last sale
$461,060
2 recorded transactions
2023
$461,060
2021
$360,700
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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