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    OFF-MARKET
    Industrial properties

    300 E Ave, Granger, WA 98932

    16.9 ac lot Built 1971
    Property ID
    Property summary
    AI-generated overview

    This exceptional 16.93-acre mixed-use property at 300 E Ave, Granger, WA, presents a unique investment opportunity for forward-thinking developers. Comprising five parcels (21102222414, 21102222415, 21102222413, 21102222412, 21102222416) with diverse M1, C1, and R2 zoning, this site offers unparalleled flexibility for a variety of developments. The property boasts over 113,000 square feet of existing buildings and comprehensive infrastructure, including water, sewer, irrigation, and 3-phase electrical service. Fully graveled and fenced lots simplify development. Currently licensed as a Sports Entertainment Facility, the property has a proven track record of hosting concerts, rodeos, and other events, providing an existing revenue stream and established infrastructure. Granger, WA is experiencing significant growth, with a population increase since 2020 to approximately 3,721 residents, creating high demand for housing, amenities, and services. Its strategic location near I-82 and Highway 97 provides easy access to Yakima, the Tri-Cities, and the broader Pacific Northwest market. Development potential includes multi-family housing, logistics hubs, retail centers, and recreational facilities. Priced at $4,450,000.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1971
    Lot 16.9 ac (736,164 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
    Current use
    Occupant on record · Public records
    • Stoney’s Flea Market Food Market Farmer's Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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