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Property profile & analytics
OFF-MARKET
Warehouses

1101 Industrial Way Union Gap, WA 98903-5109

6,200 SF 4.93 ac lot Built 1990
Entity Owned ~ Est. High Equity
Property ID
US90-3219708
Property summary
AI-generated overview

This exceptional 4.93-acre industrial property, located at 1101 Industrial Way in Union Gap, WA 98903, presents a compelling investment opportunity. The property boasts a 5,000 square foot shop, ideally suited for heavy equipment, trucking, and rig operations, featuring two 14' x 14' roll-up doors for optimal logistical efficiency. A 1,200 square foot office space complements the shop, complete with a new roof, two conference rooms, and a break room. Built in 1990, this single-story building sits on a fully fenced lot, providing enhanced security and privacy. The property is zoned for light industrial use and benefits from city water and sewer connections, simplifying operations. Its strategic location offers easy access to Ahtanum, while the expansive acreage presents significant potential for future development, such as mini-storage units or other industrial expansions. The asking price is $1,600,000. This is an owner/user investment opportunity with significant upside potential. The Yakima County location and convenient access to major transportation routes make this a highly desirable property for a variety of industrial uses. The 14-foot ceiling height in the shop provides ample space for various industrial equipment and operations. This property offers a rare combination of existing infrastructure and significant expansion potential in a desirable location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Construction METAL FRAME
Total area 6,200 SF
Lot 4.93 ac (214,751 SF)
Zoning code M1
APN 181201-32408
UPID US90-3219708
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nm Equip LP
Nm Equip LP
since 2025
Last sale
$3.2M
7 recorded transactions
2025
$3.2M
2025
Price N/A
2025
Price N/A
2024
$1.6M
2022
Price N/A
2017
Price N/A
2008
$500,000
Zoning & alternative use
M1 · Union Gap, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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