150 Harold DrPullman, WA 99163

  • Office properties
  • 1.19 AC
For Sale
$650,000 View listing

Property Details for 150 Harold Dr

Lot size
1.19 AC
Property type
Office properties
APN
109059910000004
APU
109059910000004

Description

This exceptional Pullman, WA property presents a unique commercial and residential investment opportunity. Situated on a substantial 1.7-acre lot at a key intersection near SunnySide Park, this offering encompasses nearly an entire city block. The property includes a duplex residence, approximately 2152 square feet, and a separate shop building of approximately 1800 square feet. Buyer is responsible for verifying square footage. The property boasts a strong rental history, generating approximately $4,500 in monthly rental income. The shop is connected to city sewer, while the home shares a well with the shop. City services are conveniently located nearby. The property is zoned C3, allowing for a wide range of commercial uses. This versatile property offers significant potential for future development and improvement, with the new owner having the flexibility to determine the next steps. The seller prefers a simultaneous closing on both parcels (Lot 3 & 4), although the property can be sold as two separate entities. This is a rare opportunity to acquire a substantial holding in a desirable location with proven income potential. Detailed information regarding the property's zoning and permitted uses is readily available. The property's strong rental history provides a solid foundation for future investment strategies. This is a truly remarkable opportunity for an astute investor seeking a high-return, multi-faceted property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,562,459
    6.5%
    $9,749,963
    7%
    $9,053,537
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,051,954
    Geo Method
    $11,051,954
  • Alternative Use

    Use
    Valuation
    Residential
    $12,089,954
    Hospitality
    $11,074,333
    Educational
    $9,213,715
    Medical
    $9,530,588
    Retail
    $14,332,445

Location Insight

City
Pullman
County
Whitman
State
Washington
Latitude
46.7317
Longitude
-117.194
CBSA code
39420
CBSA name
PULLMAN, WA MICROPOLITAN 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
2024
$614
$13,344
$30,532
$43,876
-
$13,344
$30,532
$43,876

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