Auto Shop Corner
For Sale
$799,000
1514 South 18th Avenue, Yakima, WA 98901
General Commercial-zoned site with multiple shop buildings, vehicle lifts, office space, and prominent corner exposure.
Property Size4,834 SF
Days on Market49
Property Features for 1514 South 18th Avenue
General Information
Standard status
Active
Size
4,834 SF
Property subtype
Retail
Zoning
GC
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Office Build-Out
890 SF
Amenities
vehicle lift
overhead roll-up doors
bathroom
kitchen area
private offices
reception area
Building Details
Building Size
4,834 SF
Buildings
3
Listing Agency:
Almon Commercial Real Estate
Listed By:
Nick Mayer · License #90998
(509) 480-0733
Source:
Commercialcafe
Added: Sep 5
Changed: Oct 19
Last Checked: Oct 20 at 5:19PM
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 Almon Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This General Commercial-zoned property at 1514 South 18th Avenue includes a vehicle sales lot and detail shop on more than an acre. Improvements include a 50' x 40' insulated metal shop with a vehicle lift, three 10' x 14' overhead roll-up doors, a bathroom, and kitchen area. A second 1,440-square-foot shop adds two vehicle lifts and a 12' x 12' overhead roll-up door.
The approximately 890-square-foot office building provides two private offices, two bathrooms, a reception area, and a kitchen. The corner site offers exposure along a heavily traveled north-south arterial, with access minutes from I-82, Valley Mall, and E. Nob Hill Boulevard. The property is currently operating as a vehicle sales lot and detail shop, with the improvements and zoning supporting automotive sales and service, equipment or vehicle rental, boat or RV sales, heavy equipment sales, and contractor-related operations.
The approximately 890-square-foot office building provides two private offices, two bathrooms, a reception area, and a kitchen. The corner site offers exposure along a heavily traveled north-south arterial, with access minutes from I-82, Valley Mall, and E. Nob Hill Boulevard. The property is currently operating as a vehicle sales lot and detail shop, with the improvements and zoning supporting automotive sales and service, equipment or vehicle rental, boat or RV sales, heavy equipment sales, and contractor-related operations.
Key Highlights
- General Commercial (GC) zoning on more than an acre
- 50' x 40' insulated metal shop with vehicle lift and three 10' x 14' roll‑up doors
- 1,440 SF secondary shop with two vehicle lifts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,014
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$980,280
$980.3K
Cap Rate 7%
$700,200
$700.2K
Cap Rate 9%
$544,600
$544.6K
Market Conditions
NOI Build-Up for 4,834 SF
Gross rent
$73.1K $15.12/SF
− Vacancy
−$3.1K −$0.64/SF
EGI
$70.0K $14.48/SF
− OpEx
−$21.0K −$4.35/SF
NOI
$49.0K $10.14/SF
Area
Yakima County, WA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$980,280
Cap Rate 7%
$700,200
Cap Rate 9%
$544,600
Alternative Uses
Best Use
Retail
$700.2K
$612.7K – $816.9K
NOI $49,014 @ 7.0% cap · market cap 6.13%
Second Best
Industrial
$547.3K
$478.9K – $638.5K
NOI $38,311 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$981.7K
$859.0K – $1.15M
NOI $68,717 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98901, WA
32,351
Population
12,201
Households
2.7
Avg Household Size
33
Median Age
17%
College-Educated
72%
High-School Grad
184.5 sq mi
ZIP Area
175
Density / Sq Mi
$56,429
Median Household Income
$33,058
Median Earnings
$996
Median Rent
$268,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Yakima Tires & Wheels — 66 w mead ave, yakima, wa 98902
- Mendoza Auto Repair Llc — 906 W Mead Ave, Yakima, WA 98902
- Sinaloa Tires — 906 W Mead Ave, Yakima, WA 98902
- Uli’s mobile mechanic — 1406 S 11th Ave, Yakima, WA 98902
- Oil Can Henry's — 2495 W Nob Hill Blvd, Yakima, WA 98902
Frequently Asked Questions
What type of property is this?
Auto shop - General Commercial-zoned site with multiple shop buildings, vehicle lifts, office space, and prominent corner exposure.
Where is this auto shop located?
The property is located at 1514 South 18th Avenue Yakima, WA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: General Commercial (GC) zoning on more than an acre; 50' x 40' insulated metal shop with vehicle lift and three 10' x 14' roll‑up doors; 1,440 SF secondary shop with two vehicle lifts
