4645 Swenson RdClayton, WA 99110

  • Industrial properties
  • 6,000 SF
For Sale
$4,950,000 View listing

Property Details for 4645 Swenson Rd

Year built
2015
Lot size
20.00 AC
Property size (Sq ft)
6,000 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
5841542
APU
5841542

Description

Exceptional investment opportunity: a 20-acre cannabis park in Clayton, WA, listed at $4,950,000. This property boasts a total of 55,600 square feet of building space, encompassing fourteen structures. The main buildings range in size from 4,000 to 10,000 square feet, complemented by ten 3,000 square foot greenhouses. Constructed between 2015 and 2022, the property is zoned for agricultural use (A) and enjoys a strong net operating income (NOI) of $349,000, translating to a 7.05% capitalization rate. Strategically located 25 miles northwest of Spokane, WA, this park benefits from established tenants including Ray's Lemonade, a rapidly expanding liquid cannabis manufacturer, and Phat Panda, a high-tech cultivation operation utilizing state-of-the-art greenhouse technology. The property presents a compelling opportunity for investors seeking exposure to the thriving Washington cannabis market. The price per square foot is $89.03. This turnkey operation offers immediate cash flow and significant growth potential. The address is 4645 S Swenson Rd, Clayton, WA 99110.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,232,760
    Hospitality
    $1,129,202
    Educational
    $939,482
    Medical
    $971,793
    Retail
    $1,461,417
4645 Swenson Rd, Clayton, Washington

Location Insight

City
Clayton
County
Stevens
State
Washington
Latitude
47.9672
Longitude
-117.564
CBSA code
44060
CBSA name
SPOKANE-SPOKANE VALLEY, WA METROPOLITAN 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
2023
$12,691
$100,000
$1,293,652
$1,393,652
-
$100,000
$1,293,652
$1,393,652

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