1502 University Pkwy, Yakima, WA 98901
This exceptional Yakima industrial property boasts a meticulously maintained 15,040-square-foot steel-framed warehouse, ideal for a variety of business uses. The warehouse features convenient wash stations, a restroom, and a 14-foot overhead door, ensuring efficient operations. Adding to its versatility, the property includes a finished 960-square-foot apartment with one bedroom and one bathroom, perfect for on-site management or additional income potential. The expansive 4.2-acre lot offers significant space and includes University Parkway frontage for excellent visibility and accessibility, along with a secondary access point off Blue Crane Lane. Further enhancing the property's utility are multiple sheds, a carport, and a substantial 1,296-square-foot barn equipped with stalls. The property's size and diverse structures present numerous possibilities, from indoor boat storage to horse keeping, or simply providing ample space for a business and recreational vehicles. This unique combination of warehouse space, living quarters, and extensive outdoor area presents a rare opportunity in the Yakima market. The property's location and features make it a highly desirable investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.