15921 Highway 21Republic, WA 99166

  • Industrial properties
  • 27.79 AC
For Sale
$850,000 View listing

Property Details for 15921 Highway 21

Lot size
27.79 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
33607310001000
APU
33607310001000

Description

This exceptional 31.85-acre commercial property presents a unique investment opportunity in Republic, WA. The heart of the property is a fully permitted gravel pit boasting substantial reserves of material, ready for immediate extraction. Complementing the pit is a substantial 4,800 square-foot shop building, featuring oversized doors, durable concrete floors, and multiple storage rooms. Adding to its versatility, the shop also includes a conveniently located apartment, ideal for on-site management or employee housing. Further enhancing the property's functionality are a 168 square-foot office building and a dedicated bathhouse, catering to both operational needs and employee comfort. Previously configured as a concrete batch plant, the property retains existing infrastructure including a storage tank and wash pit, offering potential for various uses. Situated approximately half a mile south of Republic on a state highway accessible year-round, this location ensures convenient access to transportation networks. All necessary permits and comprehensive geological reports are readily available for review, providing complete transparency and facilitating a smooth transition for the new owner. This turnkey operation presents a rare chance to acquire a well-established and profitable commercial venture with significant growth potential. The combination of the gravel pit, substantial shop, and additional buildings makes this an unparalleled opportunity in the Republic, WA market.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $282,338,048
    Hospitality
    $258,620,144
    Educational
    $215,168,928
    Medical
    $222,568,912
    Retail
    $334,707,232
15921 Highway 21, Republic, Washington

Location Insight

City
Republic
County
Ferry
State
Washington
Latitude
48.6302
Longitude
-118.732

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
$1,872
$58,400
$140,700
$199,100
-
$58,400
$140,700
$199,100

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