Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    24 N Venture Rd East Wenatchee, WA

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $900 /Mo ($2 SF/Yr)

    Two warehouse buildings with yard area available for lease.

    Property size:
    4,100 SF
    Lot size:
    1.50 Acres

    Property Features for 24 N Venture Rd

    General Information

    Size
    4,100 SF
    Lot size
    1.50 Acres

    We can help!

    Listing Contact
    Chad Hamilton
    Chad Hamilton
    Source: Moodyscre

    Listing Agent: Chad Hamilton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Quonset Hut Style Warehouse Buildings

    Two Quonset Hut style warehouse buildings, each with 4,100 square feet of space, are available for lease. A job-site style mobile office building is also present on the property. The nearly 5-acre site has been leveled off into three sections, providing ample yard area that can be included or leased separately. The property is located just east of the Batterman Industrial Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Building Supply Food Market Storage Facility Grocery Store Garden Center Furniture Store Car Rental Smoke and Vape Shop Home Appliance Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    East Wenatchee
    County
    Douglas
    State
    Washington
    Longitude
    -120.2931263
    Latitude
    47.4156824

    Nearby Similar for Lease

    • $20 SF/Yr
      2,603 SF

      Retail Space in East Wenatchee

      Neighborhood center with high visibility and ample parking.
      595 Grant Rd, East Wenatchee, WA 98802
      View Details
    • $50 SF/Yr
      4,137 SF

      Regional Mall Retail Spaces Available

      Retail spaces available in regional shopping destination.
      511 Valley Mall Pkwy, East Wenatchee, WA 98802
      View Details
    • $14 SF/Yr
      21,213 SF

      Village East Office Suites Available

      Prime East Wenatchee office space, flexible layouts.
      636 Valley Mall Pkwy, East Wenatchee, WA 98802
      View Details
    • Contact for pricing
      356,845 SF

      Wenatchee Valley Mall Retail Space

      Prime East Wenatchee retail space available. Multiple units, various sizes.
      511 Valley Mall Pkwy, East Wenatchee, WA 98802
      View Details
    • $29 SF/Yr
      4,224 SF

      East Wenatchee Drive-Thru Restaurant

      Free-standing, operational fast food drive-thru on high-traffic Grant Road.
      300 Grant Rd, East Wenatchee, WA 98802
      View Details
    • $18 SF/Yr
      1,606 SF

      Retail Space in East Wenatchee

      Retail space available for lease in high-traffic area.
      201 Valley Mall Pkwy, East Wenatchee, WA 98802
      View Details
    • $28 SF/Yr
      1,210 SF

      Retail Space Near Wenatchee Mall

      Corner retail space across from Wenatchee Valley Mall.
      500 Valley Mall Pkwy, East Wenatchee, WA 98802
      View Details
    • $16 SF/Yr
      615 SF

      East Wenatchee Office Suite For Rent

      Office suite with river views, restroom, and kitchenette available for rent.
      636 Valley Mall Pkwy, East Wenatchee, WA 98802
      View Details
    • $13 SF/Yr
      1,150 SF

      Downtown East Wenatchee Office Space

      Charming 1,150 SF office space in East Wenatchee.
      100 11Th St NE, East Wenatchee, WA 98802
      View Details
    • Contact for pricing
      361,195 SF

      Wenatchee Valley Mall

      Shopping centers • 361,195 SF
      511 Valley Mall Pkwy, East Wenatchee, WA 98802
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two warehouse buildings with yard area available for lease.
    Where is this warehouse located?
    The property is located at 24 N Venture Rd East Wenatchee, WA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Two Quonset Hut style warehouse buildings totaling 8,200 SF; - Nearly 5 acre leveled site with ample yard area; - Potential for separate leasing of yard area
    (509) 884-6381
    Request Owner's contact information
    24 N Venture Rd East Wenatchee, WA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24 N Venture Rd
    East Wenatchee, WA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    24 N Venture Rd East Wenatchee, WA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chad Hamilton
    Chad Hamilton
    (509) 884-6381
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.