41 Byerly Dr Belfair, WA 98528-9693
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.