Commercial Land with Warehouse and
120 N Puterbaugh Rd Grandview, WA 98930
For Sale
$1,950,000
5.2 acres with warehouse, office, and manufactured home.
Property Size6,240 SF
Lot Size5.20 Acres
Price / SF$312.50
Days on Market185
Property Features for 120 N Puterbaugh Rd
General Information
Standard status
Active
Size
6,240 SF
Lot size
5.20 Acres
Listing Agency:
Wilson Real Estate Management LLC
(509) 728-0654
Listed By:
Roger Wilson · License #17888
(509) 728-0654
Source:
Exprealty
Added: Jan 26
Changed: Jul 6
Last Checked: Jul 29 at 8:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilson Real Estate Management LLC
Investment Insights
Based on property information with market context.
This property features a 6240-sf warehouse and office building situated on approximately 5.2 acres of usable land. Additionally, there is a 1876 sf manufactured home with 3 bedrooms and 2 bathrooms, currently rented for $1335 per month. Zoned General Commercial, the property is located along Yakima Valley Highway and offers visibility from I-82. The property was formerly used as a farm retail store. It is located next to a development with a truck stop. The property is suitable for retail and other uses. The owner may consider an offer to purchase.
Key Highlights
- 5.2 acres of usable land zoned General Commercial, suitable for various uses.
- Located next to a development with a Truck Stop and visible from I‑82.
- 6240‑sf warehouse and office building on Yakima Valley Highway.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.1k | $15.24 |
| − Vacancy | −$6.5k | −$1.05 |
| EGI | $88.6k | $14.19 |
| − OpEx | −$22.1k | −$3.55 |
| NOI | $66.4k | $10.64 |
6,240 SF · lease $15.24/SF/yr · vacancy 6.87% · expense 25.00%
Alternative Uses
Best Use
Office B
$948.9K
$830.3K – $1.11M
NOI $66,423 @ 7.0% cap · market cap 3.41%
Second Best
Retail
$903.9K
$790.9K – $1.05M
NOI $63,270 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,704 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - 5.2 acres with warehouse, office, and manufactured home.
Where is this commercial land located?
The property is located at 120 N Puterbaugh Rd Grandview, WA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 5.2 acres of usable land zoned General Commercial, suitable for various uses.; Located next to a development with a Truck Stop and visible from I‑82.; 6240‑sf warehouse and office building on Yakima Valley Highway.
