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    3851 Harrah Rd Harrah, WA 98933

    For Sale
    $1,525,000

    Prime Yakima Valley school campus; redevelopment opportunity.

    Property size:
    71,004 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 12.26-acre property, located at 3851 Harrah Rd, Harrah, WA 98933, presents a unique investment opportunity. Formerly the Harrah School grounds, this expansive site encompasses a substantial 71,004 square feet of building space distributed across six buildings. The existing structures include a main school building, classrooms, portable units, and a bus barn, all situated on three separate parcels (APN: 181126-33007; 32004; 33006). Currently zoned R1, the property offers outstanding potential for a variety of uses. Investors will appreciate the significant building footprint and ample land area, creating possibilities for redevelopment, subdivision, or rezoning to suit diverse projects. The property's location in the Yakima Valley of Washington State provides access to a growing community and offers significant upside for future development. The asking price for this remarkable property is $1,525,000. This is a rare chance to acquire a large-scale property with substantial existing infrastructure in a desirable location. Serious inquiries are encouraged.

    Property Features for 3851 Harrah Rd

    General Information

    Property type
    Schools
    Square Feet
    71,004 SF
    Lot Size
    534,046 SF

    Building Details

    Buildings
    6

    HighLights

    • $1,525,000 asking price.
    • Special Purpose property, formerly a school.
    • 71,004 square feet of building space across six buildings.
    • 12.26‑acre lot.
    • R1 zoning.
    • Located at 3851 Harrah Rd, Harrah, WA 98933.
    Property Profile Location Intelligence

    Current Use by Public Records

    Harrah Elementary School

    Suggested Use

    Spa & Massage Wholesale Shop Hair Salon Nail Salon Department Store Food Market Grocery Store Bar & Pub Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrah
    County
    Yakima
    State
    Washington
    Longitude
    -120.5425819
    Latitude
    46.4062734

    Nearby Comparable

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      Harrah School Campus - Investment

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      Former Church Multifamily Conversion Opportunity

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    Nearby Similar for Sale

    • $1,525,000

      Harrah School Campus - Investment

      Prime Commercial Redevelopment Opportunity
      3851 Harrah Rd, Harrah, WA 98933
      View Details

    FAQs

    What type of property is this?
    School - Prime Yakima Valley school campus; redevelopment opportunity.
    Where is this school located?
    The property is located at 3851 Harrah Rd Harrah, WA.
    What is the asking price?
    The asking price for this property is $1,525,000.
    What are key features of this property?
    This property features: $1,525,000 asking price.; Special Purpose property, formerly a school.; 71,004 square feet of building space across six buildings.
    Request Owner's contact information
    3851 Harrah Rd Harrah, WA 98933
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    Harrah, WA 98933
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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
    3851 Harrah Rd Harrah, WA 98933
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