508 1St St Selah, WA 98942
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.