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    1601 Washington Ave Union Gap, WA 98903-1641
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    Property profile & analytics

    1601 Washington Ave, Union Gap, WA 98903-1641

    View on Map

    • Retail space
    • 9,880 SF
    • 1.25 lot acres
    Off-Market
    Property ID
    US90-3361242
    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.

    Value Estimations
    $1,360,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1601 Washington Ave

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.25 lot acres
    Zone code
    C2
    Property type
    Retail space
    APN
    191332-24414
    APU
    19133224414

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 1, 2016 $2,075,000 Bjg Realty LLC Union Gap Retail LLC Warranty Deed $1.3M · Everbank
    Mar 4, 2015 $1,250,000 Union Gap Retail LLC Cheridan Realty LP Grant Deed —
    May 4, 2006 $3,320,327 Cheridan Realty LP Union Gap Retail LLC Warranty Deed $2.5M · Pnc Bank NA
    Sep 26, 2005 $704,368 Union Gap Retail LLC Mercy Dev Co LLC Warranty Deed $2.2M · Frontier Bank
    — — Cheridan Realty — Deed Of Trust · related $2.5M · Pnc Bank
    — — Union Gap Retail LLC — Loan Modification · related $2.1M · Wells Fargo Bk NA #2006-3 (ce)

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,670,000
      6.5%
      $1,540,000
      7%
      $1,430,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,403,000
      Market price range: $372k - $1.44M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,345,000
      Current use
      MEDICAL BUILDING
      $1,910,000
      Change: +42% Conversion: Difficult
      OFFICE BUILDING
      $1,840,000
      Change: +37% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $1,610,000
      Change: +20% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,255,000
      Change: -6% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Union Gap
    County
    Yakima
    State
    Washington
    Longitude
    -120.48
    Latitude
    46.5708
    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
    $16,170
    $544,500
    $1,381,300
    $1,925,800
    -
    $544,500
    $1,381,300
    $1,925,800
    More about this property
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