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xxx 4th St - Seaview Ventures RR Prop

12.5 Acres of Commercial Land Offered at $701,623 CAD in Pacific Beach, WA 98571

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Investment Highlights

Location
Fabulous ocean views

Numerous development possibilities

Executive Summary

Ultra unique development parcel in Pacific Beach. Former railroad right of way runs behind and North of the businesses in the downtown area. then continues around corner to ocean front that lies below US Naval Base and just past Analyde Gap Road. Comprised of 3 parcels. Potential to reconfigure into 3 or 4 parcels through BLA. Over 3,000 feet of direct ocean frontage that ranges from 119 to 160+ feet wide. Navy an app. 600 ft easement for underground cables. Potential for retail in downtown area and/or RV Park or tiny house village. 25+ ft in elevation. Breathtaking ocean views. Including a walking/bike trail would be a real benefit to Pacific Beach. Located within the Opportunity Zone.

Schuetz RR Property Flyer

Property Facts

Price	$701,623 CAD	Proposed Use	Hold For Development
Sale Type	Investment or Owner User	Total Lot Size	12.50 AC
No. Lots	1	Cross Streets	Railroad Ave
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Price	$701,623 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Hold For Development
Total Lot Size	12.50 AC
Cross Streets	Railroad Ave
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$701,623 CAD	Lot Size	12.50 AC
Price Per AC	$56,130 CAD

Price	$701,623 CAD
Price Per AC	$56,130 CAD
Lot Size	12.50 AC

Almost 5,000 ft of former RR right of way running thru PB and then along ocean below Navy base.

Description

Former railroad right of way that varies from 119' to 160' wide and 4,899 feet long. Lies behind Main Street businesses in Pacific Beach then out to ocean front below PB Navy Station.

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 201217340010 201220210020 201220130100	Improvements Assessment	$0 CAD
Land Assessment	$1,371,809 CAD	Total Assessment	$1,371,809 CAD