1101 Industrial Way Union Gap, WA 98903-5109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Union Gap, WAUnion Gap. Always verify with local authorities before improvements.
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.