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    Goodman Rd Union Gap, WA 98903

    Sponsored
    For Sale
    $3,150,000

    24 Acres, Prime Location, $3.15M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 24.42-acre industrial land parcel presents a unique investment opportunity in Union Gap, Washington. Zoned LI, this flat, level site boasts an ideal location within an established and expanding industrial submarket. Benefitting from existing strong freeway access, the property's value is further enhanced by the planned completion of the Union Gap Beltway Connector, which will provide a second direct freeway access point and is projected to stimulate significant industrial growth in the immediate area. While sewer and water are believed to be available at the property lines, buyers are advised to independently verify utility access. Please note that portions of the property may be impacted by floodplain and potential wetlands, a factor reflected in the asking price of $3,150,000 ($2.96/sq ft). The property includes APN numbers 181201-44405, 44406, 44407, 44408, 44410 & 44411. An adjacent 2.15-acre parcel is available for separate or combined purchase. This is the only industrial-zoned site of this size currently available within Union Gap or Yakima city limits.

    Property Features for 0 Goodman Rd

    General Information

    Property type
    Land
    Lot Size
    1,063,735 SF

    HighLights

    • Prime location in a rapidly growing industrial submarket, poised for further expansion with the new Union Gap Beltway Connector.
    • Utilities (sewer and water) are believed to be at the property line; buyer to verify.
    • Floodplain and potential wetland impacts affect portions of the site; pricing reflects this.
    • Level, flat site.
    • Adjacent 2.15‑acre parcel available for separate or combined purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Union Gap
    County
    Yakima
    State
    Washington
    Longitude
    -120.5021699
    Latitude
    46.5524603

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    FAQs

    What type of property is this?
    Land - 24 Acres, Prime Location, $3.15M
    Where is this land located?
    The property is located at Goodman Rd Union Gap, WA.
    What is the asking price?
    The asking price for this property is $3,150,000.
    What are key features of this property?
    This property features: Prime location in a rapidly growing industrial submarket, poised for further expansion with the new Union Gap Beltway Connector.; Utilities (sewer and water) are believed to be at the property line; buyer to verify.; Floodplain and potential wetland impacts affect portions of the site; pricing reflects this.
    Request Owner's contact information
    Goodman Rd Union Gap, WA 98903
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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
    Goodman Rd Union Gap, WA 98903
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