Financial
Distress signals
Property profile

700 W Valley Mall Blvd Union Gap, WA 98903

FOR LEASE
Distribution centers
Property ID
US90-1227888
29,624 SF 1.45 ac lot Built 1971
Last sale Jan 2019 · $2,924,650
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 700 W Valley Mall Blvd., Suite 300 in Yakima, Washington (98903) is configured as a leased commercial space with 22,070 square feet of rentable area per the provided floor plan. It is located within the Yakima area and includes access and visibility associated with its position along W Valley Mall Blvd. The site also features a gated, secured laydown yard and four loading docks. Across all buildings on the property, the total rentable square footage is 33,778 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$2.09M
Assessed land$189k
Assessed improvement$1.90M
Effective rate0.69%

Value estimate

· Sep 2026
$2.05M
$1.85M – $2.26M
Submarket $/SF estimate$1.31M
NOI build-up
Gross scheduled income$270k
Vacancy & credit loss−$20k
Operating expenses−$37k
NOI · 28,319,333.33% cap applied$212k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$6,305/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$110 – $17,696

Cap rate analysis

How does the asset earn?
28,319,333.33%
$212k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
W/W
Wholesale/Warehouse District (W/W). The purpose of the wholesale/warehouse district is to provide for a combination of manufacturing, war...
General categoryINDUSTRIAL
JurisdictionYAKIMA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.9
Law Firm10.1
Kitchen & Bath9.8

Location

700 W Valley Mall Blvd Union Gap, WA 98903
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1720 Ahtanum, Union Gap, WA 98903-1800 $18,573,939 Apr 2025 No data
Ahtanum, Yakima, WA 98903 $23,703 Mar 2025 No data
1601 Pne, Union Gap, WA 98903-9502 $6,838,439 Oct 2024 61,100 SF
8407 Ahtanum, Yakima, WA 98903-9432 $125,000 Oct 2022 1,372 SF
1911 Lilac, Yakima, WA 98903 $1,875,000 Jan 2022 No data
303 Washington, Yakima, WA 98903-1437 $80,000 Dec 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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