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Property profile & analytics
FOR SALE
Commercial land

1007 Vintage Valley Pkwy Zillah, WA 98953

28.38 ac lot
Individually Owned 12-yr Hold Free & Clear
Property ID
US90-1031021
Property summary
AI-generated overview

This exceptional 28.38-acre commercial land parcel presents a lucrative development opportunity in Zillah, Washington. Located at 1007 Vintage Valley Pkwy, 98953, this property boasts prominent frontage and high visibility on both Vintage Valley Parkway and Interstate 82. The site benefits from its strategic location along the recently completed Vintage Valley Parkway extension, connecting it to the thriving Zillah Lakes mixed-use development (including a 9-hole golf course, residential community, and commercial parcels). This extension is projected to become the central commercial hub for the greater Zillah area and the interstate corridor. The property is zoned Commercial Tourism (CT), allowing for a wide range of traditional retail, office, and medical uses. Existing infrastructure and utilities are in place, minimizing development hurdles. The asking price of $4,326,815 offers significant potential for developer profit, especially considering that comparable lots in the immediate area are valued at $5-$8 per square foot. Nearby established businesses include McDonald's, Burger King, Pizza Hut, DaVita, Astria Health, Chevron, Circle K, Subway, Best Western, Yakima Chief Ranches, US Cellular, River Rock Dental, and Zillah Vision, demonstrating the area's strong commercial activity and potential for growth. The APN is 201126-31400. This is a rare opportunity to acquire a large, well-located commercial site poised for significant return on investment.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 28.38 ac (1,236,233 SF)
Zoning code COM
APN 201126-31400
UPID US90-1031021
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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Owner & transaction history
Tom Carnevali · 12 yrs held
Tom Carnevali
since 2013
7 recorded transactions
2013
Price N/A
2013
$165,000
2011
$214,728
2002
Price N/A
1998
Price N/A
1998
$500,000
1969
Price N/A
Zoning & alternative use
COM · Zillah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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