Light Industrial Development
139802 W Johnson Rd Prosser, WA 99350
139802 W Johnson Rd, Prosser, WA, 99350
$825,000
For Sale
$825,000
COMMERCIAL - Prosser, WA
Property Size3,400 SF
Lot Size4.06 Acres
Price / SF$242.65
Days on Market147
Property Features for 139802 W Johnson Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 126943020008000
- Size
- 3,400 SF
- Lot size
- 4.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3811
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Humidity Control
- Water source
- Private
Building Details
- Year built
- 2001
- Flooring type
- Carpet, Vinyl, Tile
- Roof type
- Composition
Listing agency
Keller Williams Yakima Valley
(509) 966-1020
Listed by
Russ Roberts, · License #26317
(509) 949-2192
Added: Feb 25 Updated: Jul 22 at 2:21AM Checked: Jul 22 at 9:06PM
MLS# 26-596
Copyright © 2026 Yakima Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4.06-acre corner parcel is zoned L1 for light industrial uses and includes multiple improvements. A well-maintained 2,296 SF home built in 2001 offers flexibility for an office or residence, and a 1,104 SF detached garage/shop built in 2009 provides additional workspace. Additional site improvements include a 30kW standby generator and a 14' high two-bay carport. Private well and septic are also in place, and the balance of the site offers space for future development.
The property is located just off a main freeway exit in Prosser with convenient accessibility. It is described as being less than 1/3 mile from Prosser Memorial Hospital and approximately 1/2 mile from Interstate 82 Exit.
As a flexible light industrial site with both existing structures and room for expansion, it may suit businesses seeking an on-site setup today with the ability to build out additional industrial shop, storage yard, or contractor facilities later.
The property is located just off a main freeway exit in Prosser with convenient accessibility. It is described as being less than 1/3 mile from Prosser Memorial Hospital and approximately 1/2 mile from Interstate 82 Exit.
As a flexible light industrial site with both existing structures and room for expansion, it may suit businesses seeking an on-site setup today with the ability to build out additional industrial shop, storage yard, or contractor facilities later.
Key Highlights
- 4.06‑acre corner parcel zoned L1 – Light Industrial, just off a main freeway exit in Prosser
- 2,296 SF home built in 2001 could be used as an office or residence
- 1,104 SF detached garage/shop built in 2009 plus a 14' high two‑bay carport
Local 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 | $74.7k | $21.96 |
| − Vacancy | −$5.1k | −$1.49 |
| EGI | $69.6k | $20.47 |
| − OpEx | −$17.4k | −$5.12 |
| NOI | $52.2k | $15.35 |
3,400 SF · lease $21.96/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$745.6K
$652.4K – $869.8K
NOI $52,190 @ 7.0% cap · market cap 6.33%
Second Best
Mixed Use
$392.1K
$343.1K – $457.5K
NOI $27,448 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$943.0K
$825.2K – $1.10M
NOI $66,012 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial land - Corner 4.06-acre parcel zoned L1 with a 2,296 SF home, detached 1,104 SF shop, generator, and carport.
Where is this industrial land located?
The property is located at 139802 W Johnson Rd Prosser, WA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 4.06‑acre corner parcel zoned L1 – Light Industrial, just off a main freeway exit in Prosser; 2,296 SF home built in 2001 could be used as an office or residence; 1,104 SF detached garage/shop built in 2009 plus a 14' high two‑bay carport
