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200 Block NE 179th Street
Ridgefield, WA 98642
Asking Price
$990K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 2.14 acres <ul><li>Located approximately 0.3 miles west of I-5 at Exit 9, approximately 9 miles north of the Oregon/Washington border</li><li>Shadow anchored by the Clark County Fairgrounds and the Cascade Amphitheater, both located just south of the property</li><li>GC - General Commercial zoning. Permitted uses include retail, fast food with drive-through, office, limited distribution, and mixed-use (ground floor retail with apartments above)</li><li>Approximately 2.12 acres (93,247 sq ft) per county
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NOI
$80,000
Cap Rate
8.08%
DSCR
1.36
Strong
Cash-on-Cash
7.15%
Monthly Payment
$4,897.98
Annual Cash Flow
$21,224.242
