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Property profile & analytics
FOR SALE
Grocery and convenience stores

41 Gilbert Rd Sequim, WA 98382

1.51 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US90-2912178
Property summary
AI-generated overview

This exceptional 5.71-acre retail property, located at 41 Gilbert Rd in Sequim, Washington, presents a remarkable investment opportunity. Situated in the thriving Carlsborg Commercial (CC) zone, this parcel boasts unparalleled visibility and accessibility. The expansive lot offers significant potential for a variety of retail developments, catering to the area's robust consumer base. Its strategic location places it within close proximity to a multitude of established national retailers, including Walmart, Costco, Home Depot, Safeway, QFC, Ross, Michaels, and Petco, ensuring high foot traffic and brand synergy. The address, 41 Gilbert Rd, Sequim, WA 98382, provides easy identification and convenient access for customers and employees alike. This prime location, combined with the generous lot size and favorable zoning, makes this property an ideal choice for developers seeking to establish a new retail presence or expand an existing business in a high-demand market. The property's potential for significant return on investment is undeniable, making it a truly compelling opportunity in the dynamic Sequim retail landscape. The Clallam County location offers a strong community base and a growing economy, further enhancing the property's long-term prospects. This is a rare chance to acquire a substantial retail parcel in a highly desirable area with exceptional visibility and proximity to major retailers.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Lot 1.51 ac (65,776 SF)
APN 430233102250000
UPID US90-2912178
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
$1.66M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.66M
Owner & transaction history
Double Rainbow LLC · 2 yrs held
Double Rainbow LLC
since 2024
Last sale
$1.7M
4 recorded transactions
2024
$1.7M
2013
Price N/A
2009
Price N/A
2006
$1.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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