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Property profile & analytics

4817 Lateral A Rd Wapato, WA 98951-9317

  • Office buildings
  • 1,610 SF
  • 38.19 lot acres
OFF-MARKET
Value Estimations
$645,000
Show details
Cap Rate Potential
2.8%
Office buildings
Location Intelligence
Property ID
US90-3301509
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.

Current Use by Public Records

  • Office buildings

Property Details for 4817 Lateral A Rd

Year built
1967
Construction
METAL FRAME
Lot size
38.19 lot acres
Property size
1,610 SF
Zone code
AG
Property type
Office buildings
APN
191117-22001
APU
19111722001

Description

This exceptional 721-acre agricultural property in Wapato, Washington, presents a unique investment opportunity. Located at 4817 Lateral A Rd, Yakima County, WA 98951 (46.4464015, -120.478769), this land is zoned for agricultural use and offers a rare chance to acquire a fully integrated produce operation. The property includes approximately 721 acres of deeded farmland, along with an additional approximately 846 acres under lease. The existing operation boasts state-of-the-art processing facilities spanning 85,000 square feet, encompassing light industrial warehouses and greenhouses equipped for processing a wide variety of produce. This includes asparagus, bell peppers, green beans, tomatoes, squash, sweet corn, watermelon, and zucchini. The farm's produce is currently sold to major retailers such as Kroger, Walmart, and Winco. A secure water supply is ensured through the Wapato Irrigation Project. The current owners are open to a creative leaseback arrangement, potentially continuing operations under a new ownership structure. A non-disclosure agreement is required for access to the complete data room. Initial bids are due July 31st, 2024, with a closing deadline of October 15th, 2024. This is a distressed sale.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $655,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $447,000
    Market price range: $118k - $447k

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


Location Insight

  • Map
  • Local Demand
City
Wapato
County
Yakima
State
Washington
Longitude
-120.477
Latitude
46.4462
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
$29,572
$288,500
$3,116,700
$3,405,200
-
$288,500
$3,116,700
$3,405,200
More about this property
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