1242 Ahtanum Rdg Dr, Yakima, WA 98903-1813
- Medical Office Space
- 11,644 SF
- 1.35 lot acres
Current Use by Public Records
- F & M Construction Co / Construction Company / General Contractor
Property Details for 1242 Ahtanum Rdg Dr
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 1.35 lot acres
- Zone code
- W/W
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 191206-31424
- APU
- 19120631424
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 28, 2020 | — | Fletcher Ventures LLC | — | Deed · related | $1.3M · Idaho First Bank |
| Feb 10, 2017 | — | Fletcher Ventures LLC | — | Deed · related | $2M · Wells Fargo Bank NA |
| Mar 30, 2007 | $2,206,140 | Fletcher Ventures LLC | Genesis Development Worldwide LLC | Warranty Deed | $1.6M · Countrywide Cmrcl Real Estate Fin I |
Description
This exceptional Union Gap office building, situated at 1242 Ahtanum Ridge Dr, offers 4,000 square feet of immediately available space within a larger 11,528 square foot building. Located in the thriving Ahtanum Ridge Business Park, this Class B property boasts prominent visibility from Ahtanum Rd and convenient freeway access. Built in 2004, the single-story building features a total of two suites. The available space, previously occupied by diverse businesses including a software company and a commercial contractor, is highly adaptable and features a mostly open bullpen layout complemented by five private offices, a conference room, kitchen/breakroom, storage areas, and multiple restrooms. The property sits on a 1.35-acre lot and offers ample parking (ratio of 1 space per 200 square feet). The zoning is W/W. The property's location near the heart of Union Gap's retail core provides excellent accessibility and visibility. This is an ideal opportunity for businesses seeking affordable, well-located office space in a rapidly growing area. The APN is 191206-31424. Minimum divisible space is 4,000 square feet. There are no elevators.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,070,000
- 6.5%
- $1,910,000
- 7%
- $1,775,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,965,000
Market price range: $639k - $2.41M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,255,000 Current use
- OFFICE BUILDING
- $2,170,000 Change: -4% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,895,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Yakima
- County
- Yakima
- State
- Washington
- Longitude
- -120.496
- Latitude
- 46.5564
- CBSA code
- 49420
- CBSA name
- YAKIMA, WA METROPOLITAN STATISTICAL AREA
