506 E Stover Rd Grandview, WA 98930
COMMERCIAL - Grandview, WA
- Added:
- Jul 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 12 at 1:06 am
Property Features for 506 E Stover Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 230915-22410
- Size
- 3,000 SF
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2021
- Flooring type
- Concrete
- Building materials
- Frame
- Roof type
- Composition
Listing agent Anwar Nassar License #21012326 (808) 200-3677
Listing office eXp Realty LLC Kennewick 3311 W Clearwater Ave. Ste. D239, Seattle, WA (888) 421-2531
Listing date Jul 10, 2026
Copyright © 2026 Yakima Association of Realtors. 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.
Located at 506 E Stover Rd in Grandview, WA 98930, the site sits on approximately 0.73 acres. Public remarks note room for parking or expansion, which may be useful for operations that require additional on-site activity space.
Buyer to verify all information to their satisfaction, including any future use or conversion requirements.
Key Highlights
- 3,000 SF light industrial building on 0.73 acres in Grandview
- Built in 2021 with frame construction and a composition roof
- Central air and forced‑air heating; concrete flooring throughout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.7k | $15.24 |
| − Vacancy | −$3.1k | −$1.05 |
| EGI | $42.6k | $14.19 |
| − OpEx | −$10.6k | −$3.55 |
| NOI | $31.9k | $10.64 |
