Property profile

3901 Creekside Loop Yakima, WA 98902

OFF-MARKET
Medical Office Space
Property ID
US90-2141888
7,312 SF 1.07 ac lot Built 2004
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,125-square-foot medical office space is situated within Yakima's prestigious Creekside Business Park at 3901 Creekside Loop, Yakima, WA 98902. The single-tenant property, part of a larger 7,312-square-foot building on a 1.07-acre lot, boasts a Class A designation and was constructed in 2004. The building features a single story, no elevators, and is zoned GC (Yakima County APN: 181334-12019). The space is ideally suited for medical practices, offering a turnkey solution with five plumbed exam rooms, a large private office, a nurse's station, a spacious reception area with built-in features, a substantial waiting area, dedicated lab space, a kitchen, and ample storage. Previously occupied by NW Allergy, the layout is efficient and well-designed. A significant benefit for qualified tenants is the available remodeling allowance of $2 per square foot per year. Cross street access is available via S 40th Ave. This is a rare opportunity to secure a high-quality medical office space in a prime Yakima location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction WOOD
Total area 7,312 SF
Lot 1.07 ac (46,609 SF)
Zoning code COM
APN 181334-12019
UPID US90-2141888

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician
  • Physician

Location

3901 Creekside Loop Yakima, WA 98902-4801
Yakima metro Census 1100 YAKIMA, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.20M
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.42M

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

COM · Yakima, WA
Top alternative use upside
Commercial (general) $2.2M +157.6%
Industrial (general) $1.2M +42.4%
Office building $975,000 +16.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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