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Property profile & analytics
OFF-MARKET
Land

508 1St St Selah, WA 98942

28,314 SF 0.65 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Total area 28,314 SF
Lot 0.65 ac (28,314 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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