6142 Highway 291 Nine Mile Falls, WA 99026
- Commercial real estate
- 6.69 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6142 Highway 291
- Lot size
- 6.69 lot acres
- Property type
- Commercial real estate
- APN
- 5119495
Description
This exceptional 6.69-acre parcel in Nine Mile Falls, Washington, presents a unique investment opportunity. Located at 6142 Highway 291, this flat, undeveloped land boasts a prime location along a major arterial road, offering excellent visibility and accessibility. The property is zoned R-2 Residential, allowing for versatile development options, including commercial ventures or high-density residential subdivisions. Utilities, including power and water, are conveniently located on-site. The asking price is $699,000, translating to a land value of $2.40 per square foot. The property's APN is 5119495. Its strategic position places it directly in the path of progress, with a planned roundabout at a busy intersection anticipated by the Washington State Department of Transportation by 2025 (estimated). This development potential is further enhanced by the possibility of subdividing the land into lots as small as 0.5 acres, maximizing return on investment. This property offers a rare combination of location, zoning flexibility, and infrastructure readiness, making it an ideal choice for developers seeking a high-return project in a thriving market. The Stevens County location and 99026 zip code add to its appeal.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nine Mile Falls
- County
- Stevens
- State
- Washington
- Longitude
- -117.5962758
- Latitude
- 47.8289133
