Wine Production Facility with
For Sale
$1,050,000
590 Merlot Dr, Prosser, WA 99350
A purpose-built winery facility with a 6,133 SF building and 1.38-acre site in Prosser’s wine corridor.
Property Size6,133 SF
Lot Size1.38 Acres
Price / SF$171.20
Days on Market144
Property Features for 590 Merlot Dr
General Information
Standard status
Active
Size
6,133 SF
Lot size
1.38 Acres
Additional Details
Business Included
No
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,253
Building Details
Year Built
2006
Listing Agency:
Keller Williams Yakima Valley
(509) 966-1020
Listed By:
Russ Roberts · License #26317
(509) 594-7989
Source:
Exprealty
Added: Jun 8
Changed: Oct 26
Last Checked: Oct 28 at 10:46AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
590 Merlot Dr is a winery-oriented commercial property with a 6,133 SF building built in 2006, situated on approximately 1.38 acres. The property was previously occupied by Enodav Winery, supporting its suitability for wine production and customer-facing or tasting room use, depending on the operator’s concept. The site size also provides room for parking and outdoor activation, along with production-support needs.
The property is positioned in Prosser’s established wine-country corridor near Merlot Drive, Chardonnay Avenue, Wine Country Road, and the I-82 access corridor. It is surrounded by other wine, hospitality, retail, and service uses, reinforcing its fit for beverage and tourism-related activities.
With a building size that can support production, storage, and customer-facing space, the property is well suited for an owner-user or boutique operator looking for a manageable facility in a recognizable winery area.
The property is positioned in Prosser’s established wine-country corridor near Merlot Drive, Chardonnay Avenue, Wine Country Road, and the I-82 access corridor. It is surrounded by other wine, hospitality, retail, and service uses, reinforcing its fit for beverage and tourism-related activities.
With a building size that can support production, storage, and customer-facing space, the property is well suited for an owner-user or boutique operator looking for a manageable facility in a recognizable winery area.
Key Highlights
- Winery‑oriented commercial property in Prosser’s established wine‑country corridor
- 6,133 SF building built in 2006, previously occupied by Enodav Winery
- Approximately 1.38 acres (about 60,001 SF) site for parking, outdoor activation, and production support
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,011
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,220
$720.2K
Cap Rate 7%
$514,443
$514.4K
Cap Rate 9%
$400,122
$400.1K
Market Conditions
NOI Build-Up for 6,133 SF
Gross rent
$55.2K $9.00/SF
− Vacancy
−$3.8K −$0.61/SF
EGI
$51.4K $8.39/SF
− OpEx
−$15.4K −$2.52/SF
NOI
$36.0K $5.87/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,220
Cap Rate 7%
$514,443
Cap Rate 9%
$400,122
Alternative Uses
Best Use
Industrial
$514.4K
$450.1K – $600.2K
NOI $36,011 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $119,075 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 99350, WA
13,240
Population
4,954
Households
2.7
Avg Household Size
36
Median Age
20%
College-Educated
79%
High-School Grad
600.1 sq mi
ZIP Area
22
Density / Sq Mi
$74,393
Median Household Income
$35,976
Median Earnings
$899
Median Rent
$289,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Brewery - A purpose-built winery facility with a 6,133 SF building and 1.38-acre site in Prosser’s wine corridor.
Where is this brewery located?
The property is located at 590 Merlot Dr Prosser, WA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Winery‑oriented commercial property in Prosser’s established wine‑country corridor; 6,133 SF building built in 2006, previously occupied by Enodav Winery; Approximately 1.38 acres (about 60,001 SF) site for parking, outdoor activation, and production support
