0 16Th Ave, Union Gap, WA 98903
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.
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
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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.