Industrial Warehouse with Rail
503 Prospect Rd, Moxee, WA 98936
For Sale
Contact for pricing
Light industrial warehouse with substantial power, HVAC capacity, grade-level access, and expansion room.
Property Size65,524 SF
Lot Size9.54 Acres
Price / SF$93.10
Days on Market298
Property Features for 503 Prospect Rd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Rail Access
Power
Voltage
Three-Phase Power
Sprinkler System
Additional Details
Utilities to Site
Land Use
Amenities
security cameras
fiber optics
Listing Agency:
Keller Williams Yakima Valley
(509) 966-1020
Listed By:
Russell Roberts, CCIM
(509) 594-7989
Source:
Moodyscre
Added: Jan 14
Changed: Oct 26
Last Checked: Nov 6 at 12:13PM
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 Yakima Valley
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Investment Insights
Based on property information with market context.
This 65,524-square-foot warehouse is situated on 9.54 acres and includes approximately 3,000 square feet of office space. The building has seven 14-foot grade-level doors, interior clearances of 25 feet at the peak and 22 feet at the eaves, and a covered, sprinkled rear area of approximately 10,000 square feet that is excluded from the stated building area. A concrete vault room measures approximately 800 square feet and includes a 12-foot roll-up door.
The property is zoned light industrial and served by one rail spur, 480V three-phase power rated at 4,800 amps, and an 8-inch water line supporting dry and wet sprinkler systems. Building systems include 35 HVAC units providing 360 tons of total capacity, new fiber optics, and 136 security cameras. The property is located at 503 Prospect Rd in Moxee, Washington, on the outskirts of Yakima.
The property is zoned light industrial and served by one rail spur, 480V three-phase power rated at 4,800 amps, and an 8-inch water line supporting dry and wet sprinkler systems. Building systems include 35 HVAC units providing 360 tons of total capacity, new fiber optics, and 136 security cameras. The property is located at 503 Prospect Rd in Moxee, Washington, on the outskirts of Yakima.
Key Highlights
- 65,524‑square‑foot warehouse on 9.54 acres
- Zoned light industrial and served by one rail spur
- 480V, 3‑phase power rated at 4,800 amps
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$519,304
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,386,080
$10.4M
Cap Rate 7%
$7,418,629
$7.4M
Cap Rate 9%
$5,770,044
$5.8M
Market Conditions
NOI Build-Up for 65,524 SF
Gross rent
$802.0K $12.24/SF
− Vacancy
−$60.2K −$0.92/SF
EGI
$741.9K $11.32/SF
− OpEx
−$222.6K −$3.40/SF
NOI
$519.3K $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 Rate 5%
$10,386,080
Cap Rate 7%
$7,418,629
Cap Rate 9%
$5,770,044
Alternative Uses
Best Use
Warehouse
$9.01M
$7.88M – $10.51M
NOI $630,583 @ 7.0% cap · market cap 10.34%
Second Best
Industrial
$7.42M
$6.49M – $8.66M
NOI $519,304 @ 7.0% cap · market cap 8.51%
Theoretical Best
Office A
$13.31M
$11.64M – $15.52M
NOI $931,447 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
25 ft
Clear height
7
Drive-in doors
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98936, WA
6,846
Population
2,782
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
86%
High-School Grad
138.6 sq mi
ZIP Area
49
Density / Sq Mi
$95,625
Median Household Income
$45,544
Median Earnings
$1,288
Median Rent
$325,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Yakima County, WA
Properties on Market for Warehouses in Yakima County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Country Storage — 2901 La Framboise Rd, Moxee, WA 98936
- Moxee Self Storage — 401 W Prospect Rd, Moxee, WA 98936
Frequently Asked Questions
What type of property is this?
Warehouse - Light industrial warehouse with substantial power, HVAC capacity, grade-level access, and expansion room.
Where is this warehouse located?
The property is located at 503 Prospect Rd Moxee, WA.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: 65,524‑square‑foot warehouse on 9.54 acres; Zoned light industrial and served by one rail spur; 480V, 3‑phase power rated at 4,800 amps
