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Winery-Oriented Manufacturing Property
For Sale
$1,050,000

590 Merlot Dr, Prosser, WA 99350

Comm/Industrial, Prosser, WA

Property Size6,133 SF
Lot Size1.37 Acres
Price / SF$171.20
Days on Market125

Property Features for 590 Merlot Dr

General Information

Property type Commercial Sale
Property subtype Other
Zoning description OTH - Agt Remrk
Lot features Corner
Directions From I-82, take Exit 80 toward Prosser and head south on Gap Road. Continue into Prosser and turn onto Wine Country Road. Turn onto Merlot Drive and continue to 590 Merlot Drive. Property will be on your right.
Subdivision 13O - Prosser
Standard status Active
APN 135944000012005
Size 6,133 SF
Lot size 1.37 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8254

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2006
Flooring type Concrete
Building materials Frame
Roof type Composition
Listing Agency: Keller Williams Yakima Valley · Keller Williams Realty
Listed By: Russ Roberts, · License #26317
Added: Jun 8 Changed: Oct 1 Last Checked: Oct 10 at 6:06PM
MLS# 26-1915

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 590 Merlot Dr in Prosser, this manufacturing property contains a 6,133-square-foot commercial building constructed in 2006. The facility was previously occupied by Enodav Winery, supporting continued consideration for wine production, tasting-room operations, beverage uses, or related commercial activity. Interior features include concrete flooring, forced-air heating, and central air conditioning, with a frame construction system and composition roof.

The property is positioned near Merlot Drive, Chardonnay Avenue, Wine Country Road, and the I-82 access corridor. Its Prosser setting places the building among wine, hospitality, retail, and service uses. Public water serves the property, and the site includes land beyond the building for operational or customer-oriented functions, subject to applicable zoning and approvals.

Key Highlights

  • 6,133 SF commercial building constructed in 2006
  • Previously occupied by Enodav Winery
  • Near Merlot Drive, Chardonnay Avenue, Wine Country Road, and the I‑82 access corridor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,622
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$972,440 $972.4K
Cap Rate 7%
$694,600 $694.6K
Cap Rate 9%
$540,244 $540.2K
Market Conditions
NOI Build-Up for 6,133 SF
Gross rent
$81.0K $13.20/SF
− Vacancy
−$6.2K −$1.00/SF
EGI
$74.8K $12.20/SF
− OpEx
−$26.2K −$4.27/SF
NOI
$48.6K $7.93/SF
Area
Benton County, WA
Vacancy
7.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$972,440
Cap Rate 7%
$694,600
Cap Rate 9%
$540,244

Alternative Uses

Best Use
Flex RnD
$694.6K
$607.8K – $810.4K (±1% cap)
NOI $48,622 @ 7.0% cap · market cap 4.63%
Second Best
Industrial
$514.4K
$450.1K – $600.2K (±1% cap)
NOI $36,011 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M (±1% cap)
NOI $119,075 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

3Farmers Tasting Room Brewery & Distillery

Suggested Use

Top Pick Real Estate Agency HVAC Service Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Former winery facility with production, storage, and customer-facing commercial use potential in Prosser’s wine-country corridor.
Where is this manufacturing property 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: 6,133 SF commercial building constructed in 2006; Previously occupied by Enodav Winery; Near Merlot Drive, Chardonnay Avenue, Wine Country Road, and the I‑82 access corridor
More about this property
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