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1551 Nat Washington Way 1.08 Acres of Commercial Land in Ephrata, WA 98823

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INVESTMENT HIGHLIGHTS

  • This land benefits from being well-positioned on an outparcel to a Walmart Supercenter, which brings additional traffic and visibility to the area
  • This Land also profits from a strong academic presence within the immediate area.
  • The subject investment is situated in an affluent community where the average household income within a ten-mile radius exceeds $86,400
  • There are hospitality accommodations located within a two-mile radius of the subject property

EXECUTIVE SUMMARY

The subject investment is vacant land situated on SR-282, which intersects with nearby Basin Street SW. Basin Street SW experiences an average daily traffic count of over 12,300 vehicles. There are more than 10,800 individuals residing within a five-mile radius of the property and more than 16,800 individuals within a ten-mile radius. Additionally, the subject investment is situated in an affluent community where the average household income within a ten-mile radius exceeds $86,400.This land benefits from being well-positioned on an outparcel to a Walmart Supercenter, which brings additional traffic and visibility to the nearby area. Additionally, the next closest Walmart Supercenter is located over 17 miles away, further emphasizing the importance of this retail pocket to the local community. The subject investment benefits from being located
nearby to several national tenants including: McDonald’s, Starbucks, Taco Bell, Dollar Tree, Ace Hardware, Subway, Rite Aid, and many more. This Land also profits from a strong academic presence within the immediate area. Ephrata High School, Ephrata Middle School, and Columbia Ridge Elementary School are all located within a three-mile radius of the subject property and have over 1,800 students collectively enrolled. There are hospitality accommodations located within a two-mile radius of the subject property, these include, Ephrata Inn Motel, Sunland Inn Motel, Best Western Rama Inn and many more. Additionally, the subject investment benefits from being
located adjacent to Ephrata Municipal Airport, which serves both the town of Ephrata and neighboring communities.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.08 AC

1 LOT AVAILABLE

Lot

Lot Size 1.08 AC

The subject investment is vacant land situated on SR-282, which intersects with nearby Basin Street SW. Basin Street SW experiences an average daily traffic count of over 12,300 vehicles.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
131586528
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$188,180
  • Listing ID: 35252263

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: 1551 Nat Washington Way, Ephrata, WA 98823

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