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5333 NW 38th Ave

21 Acres of Commercial Land Offered at $5,731,436 CAD in Camas, WA 98607

Investment Highlights

  • Road frontage
  • Commercial Zoning

Executive Summary

Over Half A MILLION DOLLAR PRICE DROP – Seller Will Carry Contract with Acceptable Terms. Take advantage of this rare opportunity to secure over 21 acres of prime Real Estate in highly desired Camas, WA, zoned CC (Community Commercial). With more than 530 feet of road frontage, this exceptional property is strategically located within city limits, directly across from the Fisher Investments campus on NW 38th Ave, offering unparalleled visibility and accessibility. The CC zoning allows for a wide variety of commercial development options, with up to 49% of the property eligible for multifamily use upon master plan approval. Envision retail stores, restaurants, fitness centers, or other ventures, all supported by the dynamic and growing Camas community. The property’s scale and location also make it ideal for mixed-use developments, big-box retail, EV charging stations, medical facilities, professional offices, and more, as permitted by Camas zoning codes. With utilities already available at the street, this property is development-ready and positioned within East Clark County's thriving technology corridor. Buyer to verify all potential uses and conduct their due diligence. This is a once-in-a-lifetime chance to bring your vision to life on one of Camas’s most desirable commercial properties. Don’t miss out!

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $34,475 $1,641.66
Other Income - -
Vacancy Loss - -
Effective Gross Income $34,475 $1,641.66
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $34,475
Annual Per AC $1,641.66
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $34,475
Annual Per AC $1,641.66
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $5,731,436 CAD
Sale Type Investment or Owner User
Sale Conditions Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
Total Lot Size 21.00 AC

1 Lot Available

Lot

Price $5,731,436 CAD
Price Per AC $272,926 CAD
Lot Size 21.00 AC

21+ acres in prime Camas, WA, zoned CC with 530+ ft road frontage. Ideal for commercial or mixed-use development near Fisher Investments. Utilities at street, 49% multifamily potential. Rare opportunity in a thriving tech corridor!

zoning

Zoning Code CC
CC
  • Listing ID: 31025237

  • Date on Market: 2024-02-22

  • Last Updated:

  • Address: 5333 NW 38th Ave, Camas, WA 98607

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