300 E Ave, Granger, WA 98932
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.
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Stoney’s Flea Market Food Market Farmer's Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.