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Property profile & analytics
FOR SALE
Retail space

2001 W Lincoln Ave Yakima, WA 98902

19,570 SF 0.98 ac lot Built 1994
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US90-1793442
Property summary
AI-generated overview

This exceptional Yakima commercial property, located at 2001 W Lincoln Ave, offers a unique opportunity for sale, lease, or lease-option. Boasting a prime corner location at Lincoln and 20th Ave, this single-tenant building benefits from high visibility and significant traffic, with approximately 12,000 cars passing daily. The property features 20,848 square feet across one story, including a spacious 10,000 square foot main floor ideal for retail or open office space. This area also includes three smaller offices, three larger offices, a workroom, a breakroom, and two ADA-compliant restrooms. A finished basement of approximately 76x70 feet provides ample storage, enhanced by two grade-level loading docks. The building features a new roof and HVAC system, along with 25 parking spaces and an elevator servicing both floors. The property sits on 0.98 acres and is zoned SCC. Built in 1994, this Class B building presents a compelling investment opportunity with seller financing available. The building's prominent location offers excellent monument signage opportunities. The basement offers additional office space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,570 SF
Lot 0.98 ac (42,689 SF)
Zoning code SCC
APN 181323-12013
UPID US90-1793442
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.06M
Comparable Approach Comparable
$2.23M
Blend (final) Blend
$2.33M
Owner & transaction history
Hogback Lincoln LLC · 6 yrs held
Hogback Lincoln LLC
since 2019
7 recorded transactions
2019
$1.2M
2018
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SCC · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $3.2M +33.5%
Office building $2.6M +9.3%
Auto repair, garage $2.5M +4.3%
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