Moxee Industrial Space
For Sale
Contact for pricing
503 Prospect Rd, Moxee, WA
36,988 SF light industrial space in Moxee, Washington.
Property Size36,988 SF
Lot Size9.54 Acres
Price / SF$164.92
Days on Market259
Property Features for 503 Prospect Rd
General Information
Standard status
Active
Size
36,988 SF
Lot size
9.54 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 503 Prospect Rd Contact us- Floor
- 1
- Size
- 36,988 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, Lease Execution
503 W. Prospect Rd
For Lease: 36,988sf of light industrial space located in the city of Moxee. This...
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Listing Agency:
Keller Williams Yakima Valley
(509) 594-7989
Listed By:
Russell Roberts, CCIM
(509) 594-7989
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Aug 8
Last Checked: Aug 8 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
Investment Insights
Based on property information with market context.
Located in Moxee, Washington, this 36,988 square feet light industrial space features a prime location. Situated on the west side of the building, the space includes 5 separate identical rooms, which can be adapted to create an expansive, open layout. There are also 2 additional rooms spanning 2500 square feet each. The space has a peak height of 25 feet and eaves reaching 22 feet. Access is facilitated by (3) 14' rollup doors and the ability to drive through the building. The property features 3-phase power at 480V and 4800 amps. An 8" water line serves the sprinkler system. The climate is controlled with HVAC. Ample parking is available along the front and west side of the property. The space is divisible in three configurations: the entire space at 36,988 SF, the left space at 19,500 SF, and the right space at 17,500 SF. Up to 4.5 acres of lay down yard is available.
Key Highlights
- Prime location in Moxee with 36,988 sq ft of adaptable light industrial space.
- High power capacity: Tons of 3‑phase power at 480V and 4800 amps.
- Flexible space configurations: Divisible into three configurations (Entire, Left, Right).
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
$355,961
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
5.84%
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%
$7,119,220
$7.1M
Cap Rate 7%
$5,085,157
$5.1M
Cap Rate 9%
$3,955,122
$4.0M
Market Conditions
NOI Build-Up for 36,988 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
$452.7K $12.24/SF
− Vacancy
−$34.0K −$0.92/SF
EGI
$418.8K $11.32/SF
− OpEx
−$62.8K −$1.70/SF
NOI
$356.0K $9.62/SF
Area
Yakima County, WA
Vacancy
7.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
15.00%
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%
$7,119,220
Cap Rate 7%
$5,085,157
Cap Rate 9%
$3,955,122
Alternative Uses
Best Use
Warehouse
$5.09M
$4.45M – $5.93M
NOI $355,961 @ 7.0% cap · market cap 5.84%
Second Best
Industrial
$4.19M
$3.66M – $4.89M
NOI $293,145 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$7.51M
$6.57M – $8.76M
NOI $525,798 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Moxee Self Storage — 401 W Prospect Rd, Moxee, WA 98936
- Country Storage — 2901 La Framboise Rd, Moxee, WA 98936
Frequently Asked Questions
What type of property is this?
Warehouse - 36,988 SF light industrial space in Moxee, Washington.
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: Prime location in Moxee with 36,988 sq ft of adaptable light industrial space.; High power capacity: Tons of 3‑phase power at 480V and 4800 amps.; Flexible space configurations: Divisible into three configurations (Entire, Left, Right).
