Medical Office with Treatment
211 S Euclid Rd, Grandview, WA 98930
For Sale
New
$499,000
A flexible floor plan includes private rooms, administrative areas, reception, and on-site parking.
Property Size5,603 SF
Lot Size0.47 Acres
Price / SF$154.30
Days on Market7
Property Features for 211 S Euclid Rd
General Information
Standard status
Size
Lot size
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Building Size
Listing Agency:
Century 21-Tri-Cities
(509) 572-2456
Listed By:
GEOFF BOWLSBY · License WA #30766
(509) 840-2814
Source:
Exprealty
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 5:31AM
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 Century 21-Tri-Cities
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,603-square-foot medical office building occupies approximately 0.47 acres. Its layout includes multiple private treatment rooms, office areas, a reception and waiting area, and on-site parking. The space previously served chiropractic and medical practices.
Located at 211 S Euclid Rd in Grandview, Washington, the property offers a medical-office configuration with several distinct work and patient areas.
Located at 211 S Euclid Rd in Grandview, Washington, the property offers a medical-office configuration with several distinct work and patient areas.
Key Highlights
- 5,603‑square‑foot building on approximately 0.47 acres
- Multiple private treatment rooms
- Office areas, reception, and waiting spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,479
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,580
$689.6K
Cap Rate 7%
$492,557
$492.6K
Cap Rate 9%
$383,100
$383.1K
Market Conditions
NOI Build-Up for 3,234 SF
Gross rent
$61.7K $19.08/SF
− Vacancy
−$4.2K −$1.31/SF
EGI
$57.5K $17.77/SF
− OpEx
−$23.0K −$7.11/SF
NOI
$34.5K $10.66/SF
Area
Yakima County, WA
Vacancy
6.87%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,580
Cap Rate 7%
$492,557
Cap Rate 9%
$383,100
Alternative Uses
Best Use
Healthcare Medical
$492.6K
$431.0K – $574.7K
NOI $34,479 @ 7.0% cap · market cap 6.91%
Second Best
Office B
$491.8K
$430.3K – $573.8K
NOI $34,425 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$656.7K
$574.7K – $766.2K
NOI $45,972 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98930, WA
15,339
Population
4,910
Households
3.1
Avg Household Size
30
Median Age
9%
College-Educated
67%
High-School Grad
44.9 sq mi
ZIP Area
342
Density / Sq Mi
$67,798
Median Household Income
$34,675
Median Earnings
$980
Median Rent
$277,600
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Yakima County, WA
Properties on Market for Medical Office Space in Yakima County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A flexible floor plan includes private rooms, administrative areas, reception, and on-site parking.
Where is this medical office space located?
The property is located at 211 S Euclid Rd Grandview, WA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 5,603‑square‑foot building on approximately 0.47 acres; Multiple private treatment rooms; Office areas, reception, and waiting spaces
