5515 Pioneer StRidgefield, WA 98642

  • Medical offices
  • 15,436 SF
For Sale
$1,400,000 View listing

Property Details for 5515 Pioneer St

Year built
2019
Lot size
2.48 AC
Property size (Sq ft)
15,436 SF
Zone code
CRB : RGF
Property type
Medical offices
Property subtype
Medical centers
APN
214070-000
APU
214070000

Description

This exceptional 3.03-acre commercial land parcel presents a unique investment opportunity in the thriving city of Ridgefield, Washington. Located at 5515 Pioneer St, 98642, this property is ideally situated and zoned for employment uses, offering significant potential for a variety of commercial developments. The expansive lot provides ample space for construction, while the existing 66 parking spaces offer immediate utility. The asking price is $1,400,000. This prime location in Clark County offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. The "Employment" zoning designation opens doors to a wide range of business ventures, making this property an attractive prospect for developers and investors seeking a strategic foothold in a rapidly growing area. With its generous size, convenient parking, and advantageous zoning, this property is poised for immediate development or long-term appreciation. Don't miss this chance to acquire a significant commercial land holding in a highly desirable location. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,804,940
    6.5%
    $4,435,330
    7%
    $4,118,520
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,972,660
    Geo Method
    $2,972,660
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $9,155,280
    Retail / Commercial
    $4,611,950
    Mixed-Use / Specialty
    $4,530,230
    Hospitality / Lodging
    $3,238,700
    Institutional / Educational
    $4,686,280
    Residential Income
    $5,482,950
    Multifamily
    $6,937,830
    Automotive / Energy
    $4,016,810
    Parking / Income-Based Land
    $1,450,640
    Restaurant / Food Service
    $2,216,900
    Healthcare / Senior Housing
    $4,712,600

Location Insight

City
Ridgefield
County
Clark
State
Washington
Latitude
45.8152
Longitude
-122.692
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$39,796
$1,830,004
$2,963,696
$4,793,700
-
$1,830,004
$2,963,696
$4,793,700

FAQs

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Please email our support team at [email protected] and they will add the team member.
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