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    Property profile & analytics

    1403 Washington Ave Union Gap, WA 98903-1663

    • Outlet malls
    • 19,677 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    $3,035,000
    Last Sale
    Jul 30, 2021
    $3,300,000
    Location Intelligence
    Property ID
    US90-3242354
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Outlet malls

    Property Details for 1403 Washington Ave

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.56 lot acres
    Property size
    19,677 SF
    Zone code
    C2
    Property type
    Outlet malls
    APN
    191332-24409
    APU
    19133224409

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,905,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,455,000
      6.5%
      $3,115,000
      7%
      $3,500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,915,000
      Geo Method
      $3,645,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,720,000
      Retail
      $3,530,000
      Mixed-Use
      $3,455,000
      Hospitality
      $4,005,000
      Educational
      $3,040,000
      Residential Income
      $3,955,000
      Energy
      $3,430,000
      Income-Based Land
      $3,715,000
      Food Service
      $3,870,000

    Location Insight

    • Map
    • Local Demand
    City
    Union Gap
    County
    Yakima
    State
    Washington
    Longitude
    -120.482
    Latitude
    46.5712
    CBSA code
    49420
    CBSA name
    YAKIMA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $29,112
    $881,900
    $2,588,400
    $3,470,300
    -
    $881,900
    $2,588,400
    $3,470,300

    Comparable in this City

    • Value Estimation by Request
      110,526 SF

      2235 Longfibre Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 110,526 SF
      2235 Longfibre Rd, Yakima, WA 98903-1553
      View Details
    • Value Estimation
      $285,000
      2.22 Acres

      2603 Pleasant Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 2.22 Acres
      2603 Pleasant Ave, Union Gap, WA 98903
      View Details
    • Value Estimation by Request
      93,456 SF

      2530 Rudkin Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 93,456 SF
      2530 Rudkin Rd, Union Gap, WA 98903-1632
      View Details
    • Value Estimation by Request
      125,789 SF

      2500 Rudkin Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 125,789 SF
      2500 Rudkin Rd, Union Gap, WA 98903-1632
      View Details
    • Value Estimation by Request
      57,255 SF

      2321 1st St

      WHOLESALE OUTLET, DISCOUNT STORE • 57,255 SF
      2321 1st St, Union Gap, WA 98903-1601
      View Details
    • Value Estimation
      $970,000
      50,000 SF

      1807 1st St

      WHOLESALE OUTLET, DISCOUNT STORE • 50,000 SF
      1807 1st St, Yakima, WA 98903-2227
      View Details

    Similar Nearby for Sale

    • $2,105,908
      2.90 Acres

      Yakima Commercial Land - $2M+

      Prime 2.9-acre commercial lot in Yakima, WA.
      2007 Longfibre Rd, Yakima, WA 98903
      View Details
    • $1,600,000
      Pending

      Union Gap Industrial Land Available

      4.93 acre industrial property for sale in Union Gap.
      1101 Industrial Way, Union Gap, WA 98903
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    • Contact for pricing
      127,195 SF

      Development Site near Valley Mall

      Prime development site near regional mall in Union Gap, WA.
      Old Town Rd, Union Gap, WA 98903
      View Details
    • $2,052,983
      15.71 Acres

      Union Gap Industrial Land Sale

      15.71 Acres, Light Industrial Zoning
      0 16Th Ave, Union Gap, WA 98903
      View Details
    • $1,717,464
      1.88 Acres

      Union Gap Commercial Land Available

      1.88 acre commercial land in Union Gap, Washington.
      Tbd Adelyn Way, Union Gap, WA 98903
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    • $599,000
      0.40 Acres

      Yakima Industrial Property For Sale

      Industrial property available for sale in Yakima, Washington.
      2107 E Mead Ave, Yakima, WA 98903
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      11,134 SF

      Prime Yakima County Creative Office Space

      Large Creative Office Space Available; 11,134 sq ft.
      2319 1St St, Yakima, WA 98903
      View Details
    • Contact for pricing
      23,123 SF

      Union Gap Retail Space

      Retail property available for lease in Union Gap, Washington.
      2500-2520 Rudkin Rd, Union Gap, WA 98903
      View Details
    • Contact for pricing
      184,957 SF

      Union Gap Retail Center

      Prime Yakima County retail space.
      17 Valley Mall Blvd, Union Gap, WA 98903
      View Details
    • $7,500 /Mo
      3,500 SF

      Bar Space in Retail Center

      Bar space available in high-traffic retail center.
      2310 Rudkin Rd, Union Gap, WA 98903
      View Details
    • Contact for pricing
      6,402 SF

      Prime Retail Space in Union Gap

      Highly visible retail space in a high-traffic area.
      14 E Valley Mall Blvd, Union Gap, WA 98903
      View Details
    • $2,250 /Mo
      924 SF

      Union Gap Commercial Lot

      Commercial building with ample parking and outdoor space for lease.
      4116-4118 Main St, Union Gap, WA 98903
      View Details

    Property Visit Statistics

    • Visits by month
      23.4k
    • Visitors by month
      17.2k
    • Avg Time on site
      18 min
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    Union Gap, WA 98903-1663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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