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Property profile

2 Vis Grande Way Grandview, WA 98930

OFF-MARKET
Land
0.5 ac lot

Property summary

AI-generated overview

This exceptional 0.5-acre commercial lot presents a remarkable investment opportunity in Grandview, Washington. Situated in a thriving new retail/office loop, this flat lot boasts a prime corner location with arterial frontage on E Wine Country Rd, a major thoroughfare. Its strategic placement near Interstate 82 ensures unparalleled highway access and high visibility. The property benefits from an average daily traffic count of approximately 18,000 vehicles, guaranteeing significant exposure for any commercial development. All necessary infrastructure is already in place, including completed streets and utilities, allowing for immediate construction. This turnkey solution eliminates lengthy preparation delays, making it ideal for swift development and immediate occupancy. The lot's flat terrain simplifies construction, minimizing potential challenges and costs. This is a rare opportunity to acquire a fully prepared commercial lot in a high-traffic area with excellent access to major transportation routes. The asking price is $160,000. Note that an adjacent, non-contiguous lot (MLS 278051) is also available for purchase. The property is located at LOT 2 VISTA GRANDE WAY, Grandview, WA 98930, in Yakima County.

Property profile

Verified
Property type Land
Lot 0.5 ac (21,780 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
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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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