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6802 Randolph Rd - Airpark 137

137 Acres of Commercial Land Offered at $34,250,000 in Moses Lake, WA 98837

Investment Highlights

  • Airpark 137 is a unique, privately-owned, 137-acre property adjacent and with direct access to the 13,500-foot main runway at MWH Airport.
  • Located at 6802 Randolph Road, in a U.S. designated Opportunity Zone and can be designated as a Foreign Trade Zone.
  • Ideal for aviation businesses including manufacturing, testing, certification, maintenance, repair, conversion, and overhaul.
  • All new businesses occupying the property will have direct access to the airport facilities by the “Through the Fence Agreement.”
  • Moses Lake, Washington has already experienced and continues to experience robust growth in its heavy industrial zone.
  • With 320 days of sunshine, year-round recreational attractions, & economical housing, Moses Lake a magnet for aerospace & heavy industrial companies.

Executive Summary

Airpark 33 is a prime investment property ideal for aviation-related businesses, including air cargo operations, aerospace manufacturing, testing, certification, aircraft conversion, painting, and maintenance. This unique 137-acre private industrial-zoned property located at the threshold of a 13,500-foot runway at Grant County International Airport. It is in an Opportunity Zone and can also be designated as a Foreign Trade Zone. This land is clustered with other nearby heavy-industrial zoned properties which are approved for New Market Tax Credits and benefit from a state-sponsored large employer EIS. The runway to Grant County International Airport is accessed using a “Through the Fence" agreement. The site benefits from a current FAA PC 700 certificate for manufacturing. Smaller parcels can be created out of the larger 137-acre property for purchase, and opportunities to site manufacturing buildings and hangars on the taxiways can be arranged.

Airpark 137 allows easy access to Interstate 90 and State Highway 17. Located in the City of Moses Lake, Washington, it is fully served with industrial-sized utilities, including a separate industrial wastewater sewer system operated by the Port of Moses Lake. This area has seen significant industrial growth in recent years, with tech and manufacturing employers including SGL Carbon, Boeing, Tama Chemical, AeroTEC, Joyson Industries, Genie/Terex, and General Dynamics. Recently REC Silicon, Hanwha Semiconductors, Sila Technologies, and Group-14 have all announced new operations in Moses Lake. For businesses in the aviation industry that are in the market for industrial plant sites on an expedited schedule, Airpark 33 is a golden investment destination with multiple adjacent options for supporting vendor companies.

Property Facts

Price $34,250,000
Sale Type Investment
Sale Conditions Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Industrial
Total Lot Size 137.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $34,250,000
Price Per AC $250,000
Lot Size 137.00 AC

In 3 parcels and can be broken into smaller pieces if needed.

Description

This 137 acre property can be subdivided as shown in the illustrations or sold in its entirety. The price is $250,000/acre and is now vacant and available for lease, build-to-suit for qualified customers or for sale outright. Many permits, a Through the Fence Agreement with the Port and a recent FAA certification are in place so that permitting can be greatly expedited.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 110069517
  • 110069515
  • 110069516
Land Assessment
$969,850
Improvements Assessment
$67,675
Total Assessment
$1,037,525

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 27221118

  • Date on Market: 12/1/2022

  • Last Updated:

  • Address: 6802 Randolph Rd, Moses Lake, WA 98837

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