41 Gilbert Rd Sequim, WA 98382
- Grocery and convenience stores
- 1.51 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 41 Gilbert Rd
- Lot size
- 1.51 lot acres
- Property type
- Grocery and convenience stores
- APN
- 430233102250000
- APU
- 430233102250000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,660,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,745,000
- 6.5%
- $1,725,000
- 7%
- $1,755,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,595,000
- Geo Method
- $2,045,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,930,000
- Retail
- $1,545,000
- Mixed-Use
- $1,720,000
- Hospitality
- $2,035,000
- Educational
- $1,550,000
- Residential Income
- $1,660,000
- Energy
- $2,000,000
- Income-Based Land
- $1,655,000
- Food Service
- $1,705,000
Location Insight
- Map
- Local Demand
- City
- Sequim
- County
- Clallam
- State
- Washington
- Longitude
- -123.157
- Latitude
- 48.0777
- CBSA code
- 38820
- CBSA name
- PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA
