TBD NE Gray Ln - Commercial LAND FOR SALE


Pullman, WA 99163 23,522 SF
$725,000 USD
208-310-7855
TBD NE Gray Ln, Pullman, WA for Sale
$725,000 USD
Commercial LAND - FOR SALE
1/22
23,522 SF

TBD NE Gray Ln
Pullman, WA 99163


HIGHLIGHTS

  • Great central location

OVERVIEW

MLS# 293047 Extraordinarily rare development opportunity in heart of Pullman. Offering includes THREE contiguous vacant land parcels being sold together as one premier investment opportunity directly adjoining entrance to Washington State University & overlooking historic Reaney Park. Opportunities to acquire nearly 1/2 acre of multifamily-zoned land in coveted university-adjacent location are exceptionally scarce & seldom come to market. Positioned on picturesque Gray Ln., property is surrounded by Pullman’s classic mature tree canopy streetscape & overlooks Reaney Park & Pool & iconic pedestrian entry trail leading directly into the WSU campus. Setting captures timeless collegiate character of Pullman, framed by WSU’s historic brick academic buildings & vibrant campus atmosphere. Historically, entrance near Reaney Park served as principal connection between City of Pullman & “college on the hill,” once anchored by prominent basalt stone arch. Reaney Park, Pullman’s oldest municipal park, dates back to early 1900s & once featured student-used livery stable in 1910, adding rich historical significance to remarkable location. Sale consists of 3 buildable lots totaling approx. 23,616 Sq Ft.(just over 1/2 acre):• Lot 1 – 8,166 SF• Lot 2 – 7,950 SF• Lot 3 – 7,500 SFAll 3 parcels: zoned Multi-Family Residential, presenting exceptional future development potential for student housing, income-producing rentals, townhomes, apartments, or thoughtfully designed tiered residential project. Upward-sloping terrain creates opportunity for elevated, staggered construction w/commanding park & campus-oriented views. Water & sewer utilities available in street & ready to be brought to each parcel.Located directly below fraternity & sorority housing & only blocks from Pullman’s revitalized downtown core, property sits at center of one of NW's most recognized college communities. WSU, home of Cougars, enrolls approx. 16,248 students on Pullman campus & brings year-round energy to area through nationally recognized athletics, football wknds , parent wknds, research programs. Annual taxes for all 3 parcels, currently only $1,884.02. Tax ID:112300007010003 112300007020003 112300007030002 Parcels sold together only & will not be separated, preserving full development footprint & maximizing building envelope potential of premier WSU-adjacent property. Premier university-edge development sites of this caliber, size, history, & location are truly once-in-a-generation opportunities.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/ACRE

$1,342,593/AC

PRICE/SF

$31 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Dorms, Hold for Development

LAND ACRES

0.54 AC

LAND SF

23,522 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

112300007010003,112300007020003,112300007030002

ASK ABOUT THIS PROPERTY

Callie YoungerMaven Commercial, Division of Magenta & Co.More Info
208-310-7855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Callie YoungerMaven Commercial, Division of Magenta & Co.More Info
208-310-7855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.