Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sunnyside Commercial Property Near I-82 Title is generated by Realmo AI

    70 Ray Road, Sunnyside, WA 98944

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $625,000

    2.27-acre commercial property with high visibility and freeway access.

    Type:IND-DIST, IND-FLEX, IND-WHSE
    Property size:
    4,584 SF
    Lot size:
    2.27 Acres
    Price / SF:
    $136/SF
    Added:
    Apr 10, 2025
    Days on Market:
    412
    Last Refresh:
    Apr 3 at 4:57 am

    Property Features for 70 Ray Road

    General Information

    Standard status
    Active
    Size
    4,584 SF
    Lot size
    2.27 Acres
    Property subtype
    IND-DIST, IND-FLEX, IND-WHSE

    Building Details

    Year Built
    1978

    We can help!

    Listing Contact
    Russ Roberts
    Russ Roberts

    Listing agent Russ Roberts License #26317

    Listing office Keller Williams Commerical

    Listing date Apr 10, 2025

    Source Realnex

    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 Keller Williams Commerical

    HighLights

    • Prime visibility from I‑82 in a high‑traffic location.
    • Versatile B‑2 zoning allows for a wide range of commercial uses (retail, office, service, light industrial).
    • 4,584 sq ft building suitable for warehouse, workshop, or flex‑space.
    • Features include two 10' roll‑up doors, 12' interior ceilings, and 400 amps of power.
    • 2.27‑acre lot with paved parking and a partially fenced back lot.
    • Newer composition roof.

    Overview

    Located at 70 Ray Road in Sunnyside, WA, this 2.27-acre commercial property offers visibility from I-82 and is situated next to Black Rock Creek Golf Course. The property is zoned B-2, permitting a range of commercial uses, including retail, office, service, and light industrial applications. The 4,584 sq ft building features a newer composition roof, two 10' roll-up doors, and 12' interior ceilings. It is equipped with 400 amps of power, making it suitable for warehouse, workshop, or flex-space needs. Additional features include a paved parking lot, a partially fenced back lot, and a metal exterior with garage access. Recently annexed into the city limits, this property presents an opportunity for an owner-user or investor seeking a high-visibility location with freeway access.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $542.2K
    NOI $48,796 @ 9.00% cap · cautious / downside scenario
    Moderate
    $697.1K
    NOI $48,796 @ 7.00% cap · market / base-case scenario
    Aggressive
    $975.9K
    NOI $48,796 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $69.9k $15.24
    − Vacancy −$4.8k −$1.05
    EGI $65.1k $14.19
    − OpEx −$16.3k −$3.55
    NOI $48.8k $10.64
    4,584 SF · lease $15.24/SF/yr · vacancy 6.87% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $697.1K
    $610.0K – $813.3K (±1% cap)
    NOI $48,796 @ 7.0% cap · market cap 7.81%
    Second Best
    Retail
    $664.0K
    $581.0K – $774.7K (±1% cap)
    NOI $46,479 @ 7.0% cap · market cap 7.44%
    Theoretical Best
    Office A
    $930.9K
    $814.5K – $1.09M (±1% cap)
    NOI $65,163 @ 7.0% cap · market cap 10.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunnyside
    County
    Yakima
    State
    Washington
    Longitude
    -119.9581242
    Latitude
    46.2979041

    Nearby Similar for Sale

    • $860,000
      2,880 SF

      Sunnyside Commercial Investment Opportunity

      Updated commercial building with strong income potential in high-traffic location.
      2576 Yakima Valley Hwy, Sunnyside, WA 98944
      View Details
    • $727,320

      Sunnyside 33-Acre Buildable Lots

      33-acre property with 4 buildable lots near town.
      1870 Phipps Rd., Sunnyside, WA 98944
      View Details
    • $287,900
      1,191 SF

      Two Detached Homes on One Parcel

      Two homes on one parcel, ideal for rental income.
      116 & 116 1/2 Spalding Ave, Sunnyside, WA 98944
      View Details
    • $749,900
      7,084 SF

      Renovated Office and Retail Building

      Versatile 7,084 SF building in Lower Yakima County.
      401 S 7th Street, Sunnyside, WA 98944
      View Details
    • $795,000
      5,040 SF

      Sunnyside Commercial Building For Sale

      5,040 SF commercial building in Sunnyside's commercial district.
      445 Barnard Blvd, Sunnyside, WA
      View Details
    • $525,000
      4,173 SF

      Sunnyside Office Building Opportunity

      Office building in Sunnyside, WA, suitable for traditional office.
      1691 Washington Ct, Sunnyside, WA 98944
      View Details
    • $350,000
      780 SF

      Sunnyside Retail Building For Sale

      Commercial building in high-traffic area, ideal for entrepreneurs.
      517 Grant Ave, Sunnyside, WA
      View Details
    • $400,000

      Sunnyside Agricultural Land For Sale

      23.43 acres of agricultural land in Sunnyside, Washington.
      Nka Green Valley Road, Sunnyside, WA 98944
      View Details
    • $840,000

      Sunnyside Office For Sale

      Office property available for purchase in Sunnyside, Washington.
      2576 Yakima Valley Hwy, Sunnyside, WA 98944
      View Details
    • $634,700

      Retail Opportunity in Sunnyside, WA

      Retail property for sale in Sunnyside, Washington.
      209 N 1st Street, Sunnyside, WA 98944
      View Details
    • $250,000

      Sunnyside Office For Sale

      Office property for sale in Sunnyside, Washington.
      426 S 6th St, Sunnyside, WA 98944
      View Details
    • $1,999,900
      4 SF

      25-Unit Manufactured Home Park

      25-unit manufactured home park with strong rental history in Sunnyside, WA.
      2600 Allen Rd. Sunnyside, WA 98944, WA 98944
      View Details

    FAQs

    What type of property is this?
    Flex space - 2.27-acre commercial property with high visibility and freeway access.
    Where is this flex space located?
    The property is located at 70 Ray Road Sunnyside, WA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Prime visibility from I‑82 in a high‑traffic location.; Versatile B‑2 zoning allows for a wide range of commercial uses (retail, office, service, light industrial).; **4,584 sq ft building suitable for warehouse, workshop, or flex‑space.**
    (509) 594-7989
    We can help!
    Listing Contact
    Russ Roberts
    Russ Roberts
    Real Estate License ID: 26317
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    70 Ray Road, Sunnyside, WA 98944
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!