Mixed-Use
Wine Country Walla Walla Commercial Dev Site
SE Myra Rd and W Pine St, Walla Walla, WA 99362
Listing Price: $900,000
Investment Overview
The Highway Commercial Zone is intended to accommodate a wide range of commercial activities, which are generally similar to the types permissible in the Central Commercial Zone, including lodging, retail, residential and office.
The Proposed use for a RV Park Resort reveals a high Capitalized Value for the modest site improvement that is projected to exceed a 12% Cap-on-Cost. This site along is buffered from Mill Creek by a public bike trial and is highly visible on the East side of NE Myra Rd, just South of W. Pine Street. It's controlled access if from W. Pine, between the Comfort Inn and Holiday Inn Express. More than 1.25-acres is deducted from the Gross Land Area for the 75’ Right-of-Way for the Mill Creek Trail, which currently terminates at Washington Park.
Walla Walla is rich is history, and its climate has drawn more than 100-wineries to the area. Canoe Ridge, Corliss Estates and Seven Hills are just a few noted vintners in the immediate vicinity.
Exclusively Listed By
Financing By
Mixed-Use
Wine Country Walla Walla Commercial Dev Site
Listing Price: $900,000
Investment Highlights
- Wine Country Commercial Land Near Highway 12 On Ramps
- HC Zoning Along Myra Road to State Highway Provides High Visibility
- Potential for New Site Access Opportunities Could Open Up the Possibilities
Investment Overview
The Highway Commercial Zone is intended to accommodate a wide range of commercial activities, which are generally similar to the types permissible in the Central Commercial Zone, including lodging, retail, residential and office. The Proposed use for a RV Park Resort reveals a high Capitalized Value for the modest site improvement that is projected to exceed a 12% Cap-on-Cost. This site along is buffered from Mill Creek by a public bike trial and is highly visible on the East side of NE Myra Rd, just South of W. Pine Street. It's controlled access if from W. Pine, between the Comfort Inn and Holiday Inn Express. More than 1.25-acres is deducted from the Gross Land Area for the 75’ Right-of-Way for the Mill Creek Trail, which currently terminates at Washington Park. Walla Walla is rich is history, and its climate has drawn more than 100-wineries to the area. Canoe Ridge, Corliss Estates and Seven Hills are just a few noted vintners in the immediate vicinity.
Exclusively Listed By
Financing By
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