1222 Johnson RdPullman, WA 99163

For Sale
$1,225,000

4.86 Acres, 145 Unit Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 4.86-acre land parcel presents a unique investment opportunity in Pullman, Washington. Ideally situated at 1222 Johnson Rd, 99163, this property offers significant potential for a mixed-use development, catering to both commercial and residential needs. The zoning allows for a high-density project. The western third of the land is zoned C3, designated as a General Commercial District, while the eastern two-thirds are zoned R4, providing flexibility for a variety of uses. Preliminary plans suggest the potential for approximately 145 units, with an estimated cost of $8,448 per door. Utilities are readily available on-site, simplifying the development process. This property is being offered below its appraised value, representing a compelling opportunity for investors seeking a high-return project in a thriving market. The Whitman County location provides access to a robust local economy and a strong demand for housing, particularly student housing given its proximity to Washington State University. The APN is 814900000000096. This is a rare chance to acquire a large, well-located parcel in a desirable area, primed for a substantial mixed-use development. Don't miss this chance to capitalize on the potential of this prime real estate.

Highlights

  • $1,225,000 asking price.
  • 4.86-acre land parcel.
  • Located at 1222 Johnson Rd, Pullman, WA 99163 (APN: 814900000000096).
  • Zoned C3 (western 1/3) and R4 (eastern 2/3).
  • Utilities available on-site.
  • Potential for 145 units, estimated at $8,448 per door.

Property Details for 1222 Johnson Rd

Property type
Other land, Land
Lot Size (sq. ft)
211,702 SF

Location Insight

City
Pullman
County
Whitman
State
Washington
Latitude
46.7188237
Longitude
-117.1634447
1222 Johnson Rd, Pullman, Washington

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1222 Johnson Rd
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