717 High Ave Sultan, WA 98294
This exceptional 2.61-acre development site in Sultan, Washington, presents a compelling investment opportunity. Located at 717 High Ave, Sultan, WA 98294 (APN 28083200312600), this property is zoned HD High Density, allowing for the potential development of 60 or more multi-family units. The mostly level lot simplifies construction, minimizing site preparation costs. The property's prime location within Sultan offers access to local amenities and caters to the growing housing demand in the area. This is a rare chance to capitalize on the thriving Sultan market. While the lot is subject to a Boundary Line Adjustment (BLA), the high-density zoning and significant acreage make this a highly attractive project for experienced developers seeking a substantial return on investment. The asking price is $3,000,000. This represents a unique opportunity to create a significant multi-family development in a desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.