Financial
Distress signals
Property profile

221 Martin Luther King Jr Blvd Yakima, WA 98901

OFF-MARKET
Retail space
Property ID
US90-1771159
34,614 SF 0.52 ac lot Built 1920
Last sale Jan 2026 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional opportunity presents a 42,201 square foot, three-story building located at 221 E Martin Luther King Jr Blvd in the heart of downtown Yakima, WA. Built in 1908, this historic structure boasts timeless charm and character, constructed of stone and brick with original stained-glass windows and a tile roof. Currently vacant, the property is zoned for commercial use and sits on a 0.52-acre lot (APN: 191319-22449). The expansive interior offers a multitude of possibilities.

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?
$2k
Tax billed · 2024
Assessed value$1.11M
Assessed land$263k
Assessed improvement$848k
Effective rate0.20%

Value estimate

· Sep 2026
$585k
$527k – $644k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$115/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$52 – $210

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?
GC
The purpose of the general commercial district is to accommodate wholesale and retail activities with some high-density residential devel...
General categoryCOMMERCIAL
JurisdictionYAKIMA

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.5
Pet Grooming Service9.0
Shoe Repair8.7

Location

221 Martin Luther King Jr Blvd Yakima, WA 98901-2344
County assessor Recorded deeds · 2 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
128 Fair, Yakima, WA 98901-4522 $30,000 Sep 2024 25,716 SF
102 Fair, Yakima, WA 98901-4543 $30,000 Sep 2024 10,800 SF
308 Yakima Ave, Yakima, WA 98901-2752 $752,574 Sep 2023 13,000 SF
225 2nd, Yakima, WA 98901-2332 $483,148 May 2023 12,547 SF
510 1st, Yakima, WA 98901-2819 $300,000 May 2023 8,900 SF
13 Frnt, Yakima, WA 98901-2622 $400,000 Nov 2022 16,400 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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