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    OFF-MARKET
    Land

    0 16Th Ave, Union Gap, WA 98903

    15.71 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 15.71-acre industrial land parcel in Union Gap, WA, presents a compelling investment opportunity. Zoned for wholesale warehousing (light industrial), this fee-simple property boasts city utilities and power readily accessible on-site. The lot is conveniently located on a paved street, easily accommodating truck traffic, and enjoys proximity to the Union Gap airport. A significant advantage is its adjacency to Athanum Road, providing direct access to the Union Gap Beltway (currently under construction), offering seamless connectivity to Interstate I-82 and Highway 97. While a portion of the property falls within the 100-year floodplain, this area is suitable for parking or lay-down yard applications. The property is situated on S. 16th Ave., just north of Kwik Lok Corp., offering excellent visibility and accessibility. The asking price is $2,052,983, translating to $2 per square foot of land value. The property's APN is 181202-42421. Open for offers. This prime location and versatile zoning make this an ideal site for various industrial uses. The property is being sold by the owner.

    Property profile
    Verified
    Property type Land
    Lot 15.71 ac (684,328 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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    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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