52 River RdSequim, WA 98382

Property Details for 52 River Rd

Year built

1973

Lot size

0.38 AC

Property size (Sq ft)

3,540 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

430243101750000

APU

430243101750000

Description

This exceptional retail opportunity in Sequim, Washington, presents multiple spaces for lease within a 70,132 square foot building situated on a 1.61-acre lot. The property, located at 52 River Rd, 98382, offers flexible space options, with a minimum divisible space of 16,553 square feet and a maximum contiguous space of 53,579 square feet. Currently, the entire 70,132 square feet is vacant, presenting a unique chance to establish a significant retail presence. Individual lot sizes range from 0.38 to 1.23 acres, providing ample space for outdoor displays or customer parking. Built in 1973, the property is zoned SBC and features two available spaces. The property's Clallam County location (APN: 0430243101150000

• CAP approach

  CAP return

  Valuation

  6%

  $1,403,646

  6.5%

  $1,295,673

  7%

  $1,203,125

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,711,685

  Geo Method

  $1,717,968

• Alternative Use

  Use

  Valuation

  Residential

  $1,092,949

  Hospitality

  $1,001,135

  Educational

  $832,933

  Medical

  $861,579

  Retail

  $1,295,673

Location Insight

City

Sequim

County

Clallam

State

Washington

Latitude

48.0768

Longitude

-123.135

CBSA code

38820

CBSA name

PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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