Land for Sale in Enumclaw WA
Vacant land is a great investment, as it provides developers with plenty of options. The right piece of land in the right location with the right kind of development can provide investors with excellent returns for years.
Teletare regularly offers plenty of listings for land for sale in Enumclaw. Our team of knowledgeable commercial real estate brokers will work with you to find the ideal piece of land for your next project.
Here are a few things to consider when looking for land in Enumclaw.
If you’re buying a vacant lot you’re most likely considering developing it into some sort of business or rental property. So, it’s important to know that every piece of land is zoned for certain types of businesses. If you have a specific type of development in mind you’ll need to make sure that the land you’re buying is zoned for it.
There are four types of land zoning:
- Single-Family Residential: These types of properties are meant for single-family homes.
- Lowrise Multifamily: Any property with this zoning can be used for cottages, row houses, townhouses, and apartment buildings.
- Commercial: If you’re planning some sort of commercial development such as a shopping center, office building, retail store, restaurant, or manufacturing facility this is the type of zoning you’ll need. Just know that there are many different types of commercial zoning, so doublecheck exactly what your land is zoned for before you begin development.
- Industrial: As the names suggest, this land can be used for industrial developments such as light and heavy manufacturing, transportation and utility services, entertainment, and salvage and recycling. Similar to commercial zoning, there is more than one type of industrial zoning so make sure to do your research.
In addition to zoning laws, you’ll also have to be aware of some additional restrictions when buying land for sale in Enumclaw:
- FAR (Floor Area Ratio): Floor area ratio, or FAR, is the ratio between a building’s floor area and the size of the land on which the property is located. The larger a property’s FAR ratio, the higher the project density.
- Height Restrictions: In addition to the FAR, there will also be height restrictions placed on any structures built on your land.
How to Evaluate Land Property in Enumclaw
You need to inspect land just as carefully as you would a building you were planning on purchasing. While a vacant lot may not look like much when you first buy it, there are a number of things to look for that will impact the value.
- Topography: If there are plenty of hills and vegetation then you’ll need level and clear the land first before you begin construction on any developments. So, land that has already had this done is often more valuable.
- Utilities: Any structure you place on the land will need access to utilities like water and power. If you want to save time, look for land that already has access to these.
- Property Title: Finally, as part of your due diligence you should always have a look at the property title. If there are any leans or lawsuits against the land you’ll be able to find them here.
To further assist you in evaluating land for sale in Enumclaw, WA we recommend hiring a commercial real estate broker and an architect. Real estate brokers can help you accurately value the land and coordinate various inspections to ensure all of your requirements are met. An architect is also useful, as they can help you determine whether the land is suited for the type of development you have planned.
Choosing the Location
The success of your investment will depend largely on the location you choose. Luckily, there are plenty of excellent locations to choose from in Enumclaw.
This small city is located approximately 40 miles from Seattle and is made up of four different neighborhoods:
- City Center: This is where the downtown core of Enumclaw is located. In addition to a number of commercial businesses, you’ll also find plenty of single-family homes and apartment complexes.
- SE 436th St/228th Ave SE: This is a rural neighborhood that is primarily residential. It mostly consists of medium to large single-family homes.
- Boise & Osceola: This suburban neighborhood is made up of mostly medium to small single-family homes and mobile homes.
- Greenwater: This is by far the largest neighborhood in Enumclaw. It’s mostly residential with much of the area being considered remote.
Find Land for Sale in Enumclaw
Are you interested in purchasing land in Enumclaw? Our team of expert commercial real estate brokers can help you find the right lot for you to invest in.