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    508 1St St Selah, WA 98942

    Sponsored
    For Sale
    Contact for pricing

    0.65-acre development land, build-ready.

    Property size:
    28,314 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.65-acre commercial land parcel in Selah, Washington, presents a unique investment opportunity. Located at 508 S 1st St, 98942, this property boasts a highly desirable B2 zoning and offers a 28,314 square foot pad, ideal for a quick-service restaurant (QSR). The site benefits from excellent ingress/egress and cross-access, ensuring convenient customer flow. With utilities already on-site and a level building area, this property is ready for immediate development. The location is strategically positioned to capitalize on high traffic volume, exceeding 35,000 vehicles per day (VPD) on 1st Street, providing exceptional visibility and accessibility. This prime location is just minutes from Interstate 82 and Highway 12, offering easy access to neighboring Yakima and beyond. The property is available for sale, build-to-suit, or ground lease options, providing flexibility for various development scenarios. Join established businesses such as Starbucks, Domino's, and Subway in this thriving retail area. This is a rare opportunity to acquire a highly visible and well-located commercial property in a rapidly growing community. The property's APN is 181302-14550 and is offered as fee simple ownership.

    Property Features for 508 1St St

    General Information

    Property type
    Land
    Square Feet
    28,314 SF
    Lot Size
    28,314 SF

    HighLights

    • 28,314 SF QSR pad available.
    • 35,000 VPD traffic count.
    • Excellent ingress/egress and cross‑access.
    • Level, utility‑ready site.
    • Sale, build‑to‑suit, or ground lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Selah
    County
    Yakima
    State
    Washington
    Longitude
    -120.5304071
    Latitude
    46.6479684

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    FAQs

    What type of property is this?
    Land - 0.65-acre development land, build-ready.
    Where is this land located?
    The property is located at 508 1St St Selah, WA.
    What are key features of this property?
    This property features: 28,314 SF QSR pad available.; 35,000 VPD traffic count.; Excellent ingress/egress and cross-access.
    Request Owner's contact information
    508 1St St Selah, WA 98942
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    Selah, WA 98942
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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
    508 1St St Selah, WA 98942
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