5304 Old Monitor Rd $1,850,000

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    5304 Old Monitor Rd Cashmere, WA 98815

    • 15.38 Acres
    • Commercial/Industrial
    Listing# 1425641 | Active

    $1,850,000

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    Days On Market: 180 0 Views
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    Property Details

    Presenting for the first time-over 15 acres now zoned commercial/light industrial in the Cashmere UGA. Historically high producing pear orchard now has zoning for hotel. retail, supermarket, community center, multi-family residential, medical/dental, wine industry, brewery and much more. Property also adjoins the Wenatchee river with potential public/private waterfront park type activity. Bring your development ideas for huge local and regional potential for this Cashmere location.

    • General Features
      • County Chelan
      • Zoning Class Agricultural, Commercial, Industrial-Light, Multi-Family, Residential, Retail
      • Zoning Jurisdiction City
      • Style 62-Business Opp.
      • Approx Building SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 0
    • Property Features
      • Lot Square Footage 669,953
      • Depth of Lot 0
      • Site Frontage 1600
      • Environment Survey N
      • Water-Sewer-Garbage 80
      • Sewer Sewer Available, Septic
      • Sewer Company City of Cashmere
      • Power Company Chelan PUD
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 1,522
      • Total Monthly Rent $2,500
      • Gross Rent Multiplier 10
      • Cap Rate -NOI div LP 5
      • Gross Scheduled Income $198,000
      • Gross Adjusted Income $198,000
      • Total Expenses $100,000
      • NOI $98,000
      • Electrical Expenses $80
      • Tax Expense $6,827
      • Heating Expense $40
      • Insurance Expense $1,500
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2018

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    Neighborhood

    98815 (Cashmere) Demographics

    40Median Age
    63Population Density (per sq. mile)
    37%College Educated
    $58,967 Estimated Median Income
    1,653Estimated Total Home Owners
    884Estimated Total Renters
    65% / 35%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    7,444Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $362,500 Median Sales Price
    6 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,850,000
        3/19/2019 11:21:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.