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Property profile

2105 Ter Hts Dr- Yakima, WA 98901

OFF-MARKET
Land
2.19 ac lot

Property summary

AI-generated overview

This exceptional 2.19-acre commercial land parcel, located at 2105 Terrace Heights Dr in Yakima, WA, 98901 (APN 19131743401), presents a unique investment opportunity. Currently zoned Commercial General, this flat lot offers easy access to the Interstate, making it highly accessible for businesses and commuters. The property's strategic location will benefit significantly from the city's planned East/West Corridor Project, promising future growth and increased property value. The potential for rezoning to Light Industrial adds further versatility and development options. This offering includes the 2.19-acre parcel, but there's also the option to purchase adjacent lots, allowing for expansion or larger-scale development projects. This is a rare chance to acquire a substantial piece of land in a rapidly developing area of Yakima, poised for significant future returns. Serious inquiries are encouraged to explore this promising investment opportunity. The asking price is $953,970.

Property profile

Verified
Property type Land
Lot 2.19 ac (95,396 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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