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    120 Puterbaugh Rd Grandview, WA 98930

    Sponsored
    For Sale
    $1,950,000

    Versatile 8,116 sq ft industrial space

    Property size:
    8,116 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Grandview, WA property offers a unique blend of commercial and residential opportunities. Situated on a 5.2-acre lot at 120 N Puterbaugh Rd, 98930, this Class C industrial property boasts 8,116 square feet of space, spread across two single-story buildings, built in 1981. The property includes a 6,240 sq ft warehouse and office space, currently occupied by a tenant vacating in Fall 2024, and a separate 1,876 sq ft, three-bedroom, two-bathroom manufactured home with a monthly rental income of $1,335 (month-to-month tenancy). The property features 8-15 foot ceiling heights and is zoned for general commercial use, offering diverse potential applications. Its prime location along Yakima Valley Highway and I-82 provides excellent visibility and accessibility. The asking price is $1,950,000 ($240.27/sq ft). This owner-user investment presents a compelling opportunity for businesses seeking a versatile space with significant development potential, adjacent to a truck stop and in a thriving area. The APN is 230909-14404.

    Property Features for 120 Puterbaugh Rd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    8,116 SF
    Class
    C

    Building Details

    Year Built
    1981
    Buildings
    2
    Stories
    1
    Units
    2

    HighLights

    • 6,240 SF warehouse/office building on 5.2 acres of land in Grandview, WA.
    • Located on Yakima Valley Highway with I‑82 freeway visibility.
    • General Commercial zoning allows for diverse uses.
    • Includes a 1,876 SF, 3‑bedroom, 2‑bathroom manufactured home, currently rented at $1,335/month (month‑to‑month).
    • Building currently occupied, tenant vacates Fall 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    OVS - Orchard & Vineyard ... Agricultural Product Wholesaler

    Suggested Use

    Food Market Plumbing Service Farmer's Market Fish Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grandview
    County
    Yakima
    State
    Washington
    Longitude
    -119.93647467906
    Latitude
    46.282412708553

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    FAQs

    What type of property is this?
    Manufacturing property - Versatile 8,116 sq ft industrial space
    Where is this manufacturing property located?
    The property is located at 120 Puterbaugh Rd Grandview, WA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 6,240 SF warehouse/office building on 5.2 acres of land in Grandview, WA.; Located on Yakima Valley Highway with I-82 freeway visibility.; General Commercial zoning allows for diverse uses.
    Request Owner's contact information
    120 Puterbaugh Rd Grandview, WA 98930
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    Grandview, WA 98930
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Puterbaugh Rd Grandview, WA 98930
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