Financial
Distress signals
Property profile

1608 24th Ave Yakima, WA 98902

OFF-MARKET
Office buildings
Property ID
US90-1790462
15,912 SF 2.66 ac lot Built 1971
Last sale Nov 2013 · $585,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a medical office building configured for tenant occupancy and includes associated leasing components and excess development land. It is operated under a structure described as double-net, with an existing physical therapy clinic tenant (RPM Rehab, Inc.) having occupied the building since approximately 2014 and securing a lease for roughly 82% of the building’s total area, totaling approximately 11,846 SF. The remaining building area includes vacant office space along with a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$1.53M
Assessed land$416k
Assessed improvement$1.11M
Effective rate0.92%

Value estimate

· Sep 2026
$1.51M
$1.35M – $1.66M
Submarket $/SF estimate$1.64M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$133/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$58 – $209

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
JurisdictionYAKIMA

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop17.6
Building Supply15.7
Auto Parts Store14.1

Location

1608 24th Ave Yakima, WA 98902-5771
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1117 Lincoln, Yakima, WA 98902 $1,400,000 Dec 2025 6,209 SF
1430 16th, Yakima, WA 98902-1381 $1,550,000 Jun 2025 8,008 SF
811 Summitview, Yakima, WA 98902-3033 $1,134,309 Oct 2024 11,346 SF
108 Walnut, Yakima, WA 98902-3443 $22,249,050 May 2024 5,077 SF
202 Yakima, Yakima, WA 98902-3473 $1,396,074 Apr 2024 16,476 SF
605 A, Yakima, WA 98902-2605 $545,000 Dec 2023 9,475 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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