Equipped Auto Body
For Sale
$550,000
19 S C Street, Toppenish, WA 98948
COMMERCIAL - Toppenish, WA
Property Size5,796 SF
Lot Size0.35 Acres
Price / SF$94.89
Days on Market114
Property Features for 19 S C Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
INDUST /LIGHT
Directions
From East Toppenish Ave , Turn South onto C Street
Standard status
Active
APN
***
Size
5,796 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5679
Building Details
Year built
2000
Listing Agency:
EXP Realty, LLC Tri Cities
(888) 317-5197
Listed By:
Jesse Orozco · License #105942
(509) 901-0209
Added: Apr 18
Changed: Aug 4
Last Checked: Aug 9 at 5:06PM
MLS# 292238
Copyright © 2026 PACMLS. 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 5,796-square-foot auto body and collision-repair facility occupies a 0.35-acre site at 19 S C Street in Toppenish. Built in 2000, the property includes a professional paint booth, frame machine, mechanic hoist, and two oil heaters. These improvements support vehicle painting, structural repair, mechanical work, and year-round shop operations.
The property is zoned INDUST/LIGHT and includes a fully fenced backyard. The offering also includes two parcels, identified as 201003-34497 and 201003-34547. Its Toppenish location places the facility within Yakima County and provides an established setting for an automotive service operation.
The property is zoned INDUST/LIGHT and includes a fully fenced backyard. The offering also includes two parcels, identified as 201003-34497 and 201003-34547. Its Toppenish location places the facility within Yakima County and provides an established setting for an automotive service operation.
Key Highlights
- 5,796‑square‑foot auto body and collision‑repair facility
- Professional‑grade paint booth included
- Frame machine supports structural repair work
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,936
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$918,720
$918.7K
Cap Rate 7%
$656,229
$656.2K
Cap Rate 9%
$510,400
$510.4K
Market Conditions
NOI Build-Up for 5,796 SF
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.
Gross rent
$70.9K $12.24/SF
− Vacancy
−$5.3K −$0.92/SF
EGI
$65.6K $11.32/SF
− OpEx
−$19.7K −$3.40/SF
NOI
$45.9K $7.93/SF
Area
Yakima County, WA
Vacancy
7.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$918,720
Cap Rate 7%
$656,229
Cap Rate 9%
$510,400
Alternative Uses
Best Use
Retail
$839.5K
$734.6K – $979.5K
NOI $58,768 @ 7.0% cap · market cap 10.69%
Second Best
Industrial
$656.2K
$574.2K – $765.6K
NOI $45,936 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,392 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
26k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Dining 8%
Dollar Tree
Shops & Services
15,356 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
4,437 visits/mo
0.4 miles
Les Schwab Tire Center
Shops & Services
3,447 visits/mo
0.3 miles
Guadalajara
Dining
2,097 visits/mo
0.3 miles
Jackson Hewitt Tax Service
Shops & Services
764 visits/mo
0.3 miles
Demographics for 98948, WA
13,416
Population
3,620
Households
3.7
Avg Household Size
31
Median Age
9%
College-Educated
63%
High-School Grad
335.3 sq mi
ZIP Area
40
Density / Sq Mi
$67,217
Median Household Income
$32,639
Median Earnings
$978
Median Rent
$217,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Ruggles Auto Repair — 108 Washington Ave, Toppenish, WA 98948
- Albrecht Glass Inc — 310 S Toppenish Ave, Toppenish, WA 98948
- Les Schwab Tire Center — 105 Asotin Ave, Toppenish, WA 98948
- Valvoline Instant Oil Change — 310 S Elm St, Toppenish, WA 98948
- TOPPENISH VALLEY TIRE LLC — 411 Washington Ave, Toppenish, WA 98948
Frequently Asked Questions
What type of property is this?
Auto shop - Existing collision-repair facility with installed equipment, a fenced rear yard, and INDUST/LIGHT zoning.
Where is this auto shop located?
The property is located at 19 S C Street Toppenish, WA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 5,796‑square‑foot auto body and collision‑repair facility; Professional‑grade paint booth included; Frame machine supports structural repair work
