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Property profile & analytics
OFF-MARKET Estimated value $345,000
Strip malls

500 Vly Mall Pkwy Ste A East Wenatchee, WA 98802-3812

5,000 SF 0.5 ac lot Built 2000
Entity Owned 1-yr Hold Free & Clear
Property ID
US90-1947559
Property summary
AI-generated overview

The Parkway Associates Building, located at 500 Valley Mall Pkwy, East Wenatchee, WA 98802, presents a compelling investment opportunity in a prime retail location. This 5,080 square foot shopping center boasts a strong 6.00% capitalization rate, generating a Net Operating Income (NOI) of $140,452. The asking price is $2,340,780. The property benefits from its excellent corner location, providing high visibility and accessibility. A significant advantage is the shared parking field with a thriving Petco, ensuring ample parking for tenants and customers. Its strategic position directly across from the Wenatchee Valley Mall further enhances its desirability and potential for attracting a diverse clientele. This well-situated shopping center offers a stable income stream and significant growth potential within a bustling retail environment. The property is classified as a retail shopping center and is situated in Douglas County, Washington. Its coordinates are 47.4106513 latitude and -120.2907652 longitude. This is an exceptional opportunity for investors seeking a high-return, well-located retail property.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,000 SF
Lot 0.5 ac (21,780 SF)
Zoning code 2
APN 3700003003
UPID US90-1947559
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
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k
Owner & transaction history
500 Vmp LLC · 1 yrs held
500 Vmp LLC
since 2025
4 recorded transactions
2025
Price N/A
2024
$2.4M
2012
$412,099
1969
Price N/A
Zoning & alternative use
2 · East Wenatchee, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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