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Country Vista Dr & Henry Rd Dr - Liberty Lake Corporate Park

21.42 - 26.61 Acre Commercial Land Lots in Liberty Lake, WA 99019

Executive Summary

Seller will provide, at Seller’s cost, the following:
• A tax parcel, to include the preliminary test fit site layout for discussion and negotiation purpose and once agreed, final parcel layout (the parcel is recorded upon the day of closing);
• Take the agreed upon preliminary parcel through the process of formal approval by the City of Liberty Lake;
• Provide a metes and bounds survey;
• Stake the four corners of the parcel and create the legal description;
• Phase One Level Environmental Survey;
• Standard Form Title Insurance (Vista Title Company of Spokane – under written by Stewart Title Company);
Offers should come in the form of the Letter of Intent, with listing agent drafting a PSA (CBA Form PSA – I can provide a “blank” if requested).

Property Facts

Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Commercial
Total Lot Size 48.03 AC

2 Lots Available

Lot A

Lot Size 26.61 AC

Between Country Vista Drive and Interstate 90

Lot Sawtooth

Lot Size 21.42 AC

Northwest of Henry Road

Description

Liberty Lake Corporate Park is a Binding Site Plan (BSP 50-96). As a BSP, the Seller is willing to work with a Buyer to create a logical tax parcel starting as small as 1 acre. Once Seller and Buyer agree on a parcel depiction, it takes approximately six to eight weeks to draft, review and finalize; then approximately 40 days or less for the Parcel to be approved by the City of Liberty Lake. Prices start at $8.00 per square foot of land area and increase from there depending on size, location, and visibility within the Park. The price is net of the two Buyer mitigation fees associated with developing in Liberty Lake, those mitigation fees are: 1) Sewer and Water ERU’s (estimated residential unit) needed for your Buyer’s intended development (ERU number is estimated prior to closing by Liberty Lake Sewer and Water District (“LLSWD”) and paid upon closing to, and transferred from, Seller’s “bank” or “pool” of ERU’s to Buyer: - Current Cost: 1 ERU of water is equal to $2,000.00/1 ERU of Sewer is equal to $7,875.00 (please note, ERU’s are priced at the “current market value of ERU’s” as priced by the LLSWD upon the time of closing); 2) Harvard Road Mitigation fee (paid by Buyer to City of Liberty Lake upon receipt of building permit). Liberty Lake Corporate Park has CCR’s with design standards and an architectural review committee. These are available upon request.

  • Listing ID: 22396670

  • Date on Market: 3/4/2021

  • Last Updated:

  • Address: Country Vista Dr & Henry Rd Dr, Liberty Lake, WA 99019

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