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    3851 Harrah Rd Harrah, WA 98933

    Sponsored
    For Sale
    $1,525,000

    Prime Commercial Redevelopment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1525000 USD investment opportunity presents a unique chance to acquire the former Harrah Elementary School grounds in Harrah, WA, located at 3851 Harrah Road. The property encompasses a substantial school building complex, including a gymnasium, numerous classrooms, and several portable buildings. The existing infrastructure also includes a dedicated school bus barn, providing ample storage and maintenance space. Additionally, there are work bays and an office building on-site, offering versatile options for future use. The property's size is not specified in square footage, but the land itself is not extensive, being listed as a zero-acre lot. While a track parcel was previously included, it has since been sold separately. This presents a blank canvas for a variety of commercial ventures, from educational facilities to light industrial uses, or even adaptive reuse projects. The existing buildings offer significant potential for renovation or repurposing, providing substantial cost savings compared to new construction. The property's location in Harrah, WA offers access to local amenities and a growing community. This is a rare opportunity to acquire a substantial property with significant existing infrastructure, ideal for an investor seeking a high-impact project with considerable upside potential. The property is being offered at 1,525,000 USD. Serious inquiries only.

    Property Features for 3851 Harrah Rd

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Harrah Elementary School

    Suggested Use

    Spa & Massage Wholesale Shop Hair Salon Nail Salon Department Store Food Market Grocery Store Bar & Pub Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrah
    County
    Yakima
    State
    Washington
    Longitude
    -120.5434
    Latitude
    46.40696

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    Nearby Similar for Sale

    • $1,525,000
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      Harrah School Grounds: 12 Acres

      Prime Yakima Valley school campus; redevelopment opportunity.
      3851 Harrah Rd, Harrah, WA 98933
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Redevelopment Opportunity
    Where is this commercial real estate located?
    The property is located at 3851 Harrah Rd Harrah, WA.
    What is the asking price?
    The asking price for this property is $1,525,000.
    (509) 966-3030
    Request Owner's contact information
    3851 Harrah Rd Harrah, WA 98933
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    Harrah, WA 98933
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3851 Harrah Rd Harrah, WA 98933
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