Secure a shovel-ready development opportunity in the heart of Woodland with this entitled 3-lot package at 1039 Park St. This offering includes an existing income-producing primary residence for immediate cash flow while you develop the remaining land. Engineering plans are already signed and approved by the City of Woodland and Cowlitz County Fire and Rescue for a 3-lot short plat, removing the typical zoning and engineering hurdles. The project is currently approved for a primary home and one DADU per lot; however, recent Washington state legislation now allows for up to 2 ADUs per lot, providing a clear path for a developer to seek a further increase in density to a 9-unit total yield. A developer seeking a market exit could also pursue a zero lot line or condo conversion to sell units individually. Whether you build the current 1 home +1 DADU configuration or leverage the new laws for maximum density, this site offers unique versatility. Frontage improvement plans are ready so you can finish the ground work and finalize the plat. All site specs, engineering documents, city approvals, Full development packet available. Buyer to do due diligence to their own satisfaction. Please do not disturb tenants.
98 days
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214
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2
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Zillow last checked:
Listing updated:
Listed by:
Blake Huylar,
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2517862
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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