$2,500,000
For Sale

1172 Highway 532

Camano Island, WA 98282
Listing OfficeDave Nelson Real Estate
Type:Purchase
Structure:Land
Zone:Residential

Description

5.26 acre development site with 8.69 acre drain field has been platted into 4 fully serviced lots. Planned for 15 single family town homes, retail, office, healthcare, restaurants, etc. All infrastructure is in place. Price now includes prepaid water shares worth $255,000. latecomers reimbursement with 3 years remaining valued up to $636,488, large offsite septic system on 8.69 acres built at a cost of over $3 million dollars serving this and other properties, much of the site work completed such as lighting, parking, lot, plans & permits which can be revised to suit your development goals. Over 6 million was invested in this project, you can purchase at less than half of original cost of development.

  • Property Details
      • Utility FeaturesElectricity Connected, Septic Design Installed
      • Utility SourceAvailable, On Property, Share Available
      • Lot DescriptionCorner Lot, Dead End Street
      • Style43 - Comm/Industrial
      • School DistrictStanwood-Camano
      • Date ListedAugust 30, 2024
      • Original List Price$2,500,000
      • Structure TypeIndustrial
      • Sewer InformationAvailable
      • Property TypePurchase
      • Acres13.9504
      • MLS #2285244
      • Cost2500000
      • MLS #2285244
      • SubdivisionCamano
      • CountyIsland
      • Taxes Annual$4,869
      • Property SubtypeLand
      • Days on Market (Cumulative)112
Erika LoweReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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