2920 Outlook Road, Sunnyside, WA, 98944

2920 Outlook Road Sunnyside, WA 98944

2920 Outlook Road, Sunnyside, WA, 98944
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FOR SALE
Property Type:
Residential Land Development
Amount:
$4,000,000
Last Verified:
Mar 06, 2025

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Highlights

  • Development friendly government
  • Easy access to Interstate 82
  • No impact fee
  • Mixed-use property

Description

MLS 282080 - This property presents an excellent opportunity for developers to create a Planned Unit Development (PUD), with the city government eager to collaborate and support the project. Located in Sunnyside, which lies between Tri-Cities and Yakima, this area is at the heart of Washington's renowned wine country. Surrounded by fruit and dairy farms, the local community is largely made up of agricultural producers. As Tri-Cities continues to expand westward, Sunnyside is also experiencing growth, which brings a pressing need for more housing and business developments to meet the demands of the growing population.

The site itself offers several attractive features, including two reliable wells and a graded property, making it ideal for construction with minimal preparation required. The location and zoning opportunities present a promising canvas for any developer looking to invest in the area. The price is set at just under $0.65 per square foot, which is an exceptional value given the propertyā€™s potential. Due to its competitive pricing and the increasing demand for housing and businesses in the region, this opportunity is unlikely to last long.

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Building Size: 0sq ft
Lot Size: 145.0 acres


Documents

2920 Outlook Rd - S - TS.pdf

Map of 2920 Outlook Road, Sunnyside, WA, 98944

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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