330 Colorado Park PlEast Wenatchee, WA 98802

Property Details for 330 Colorado Park Pl

Lot size

0.64 AC

Property type

Office buildings

APN

40100003518

APU

40100003518

Description

This exceptional 0.64-acre commercial property, located at 330 Colorado Park Pl in Wenatchee, Washington, presents a unique investment opportunity. Zoned for Central Business District use, this vacant land offers significant potential for development. The expansive 27,878 square foot lot is priced competitively at $415,000, translating to $16.14 per square foot. Situated in the thriving city of Wenatchee, within Douglas County, and conveniently located at the address 330 Colorado Park Pl, zip code 98802 (latitude 47.4099652, longitude -120.2828129), this property benefits from excellent visibility and accessibility. Its vacant status allows for complete design flexibility, catering to a wide range of commercial ventures. The property's prime location within the Central Business District ensures high foot traffic and strong potential for attracting customers. This is an ideal opportunity for developers seeking a strategic location to build a new commercial structure or for investors looking for a promising land acquisition in a rapidly growing area. The property is ready for immediate development, offering a streamlined path to realizing your commercial vision. Don't miss this chance to secure a valuable asset in a vibrant and expanding market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,883,588

  6.5%

  $5,431,004

  7%

  $5,043,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,181,964

  Geo Method

  $5,943,868

• Alternative Use

  Use

  Valuation

  Residential

  $6,734,446

  Hospitality

  $6,168,716

  Educational

  $5,132,299

  Medical

  $5,308,807

  Retail

  $7,983,576

Location Insight

City

East Wenatchee

County

Douglas

State

Washington

Latitude

47.41

Longitude

-120.283

CBSA code

48300

CBSA name

WENATCHEE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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