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    94 Valley Mall Blvd Union Gap, WA 98903

    Sponsored
    For Sale
    $10,250,000

    80,715 SF Warehouse, $10.25M

    Property size:
    80,715 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 80,715-square-foot warehouse, situated on approximately 6.7 acres (291,852 square feet) in Union Gap, Washington, presents a compelling investment opportunity. Built in 1997, the property boasts a desirable location near the airport and Highway 82, ensuring convenient access and high visibility. The building features an impressive 18+ foot clear height, providing ample storage and operational space. A prominent pylon sign with an electric reader board enhances visibility, while two ingress/egress points facilitate efficient traffic flow. Currently occupied by King Beverage, the property is strategically positioned amongst strong national tenants including Costco, Lowe's, WinCo Foods, and a Yakima car dealership, indicating a robust and stable commercial environment. The warehouse is available for occupancy in the first quarter of 2025, offering a significant opportunity for future development or lease. The asking price is $10,250,000, translating to $126.99 per square foot. The property's size, location, and existing tenant base make it an attractive investment prospect. The zip code is 98903.

    Property Features for 94 Valley Mall Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    80,715 SF

    HighLights

    • 80,715 SF building on ±6.7 acres.
    • Built in 1997.
    • Excellent location near the airport and Highway 82, with strong co‑tenancy including Costco, Lowe's, WinCo Foods, and a Yakima car dealership.
    • Features 18'+ clear height and a pylon sign with an electric reader board.
    • Offers two points of ingress/egress.
    • Currently occupied by King Beverage, available Q1 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Union Gap
    County
    Yakima
    State
    Washington
    Longitude
    -120.505771
    Latitude
    46.5626991

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    FAQs

    What type of property is this?
    Distribution property - 80,715 SF Warehouse, $10.25M
    Where is this distribution property located?
    The property is located at 94 Valley Mall Blvd Union Gap, WA.
    What is the asking price?
    The asking price for this property is $10,250,000.
    What are key features of this property?
    This property features: 80,715 SF building on ±6.7 acres.; Built in 1997.; Excellent location near the airport and Highway 82, with strong co-tenancy including Costco, Lowe's, WinCo Foods, and a Yakima car dealership.
    Request Owner's contact information
    94 Valley Mall Blvd Union Gap, WA 98903
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    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
    94 Valley Mall Blvd Union Gap, WA 98903
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