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Property profile

502 2nd St Yakima, WA 98901

OFF-MARKET
Office buildings
Property ID
US90-1128613
8,113 SF 0.66 ac lot Built 1992
Individually Owned 3-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional commercial property, located at 502 N 2nd St in Yakima, WA, presents a unique investment opportunity. Boasting a substantial 9,474 square feet of space, this general commercial building sits on a sizable 0.66-acre lot, offering ample room for expansion or outdoor activities. The property's prime location in Yakima ensures high visibility and accessibility, making it ideal for a variety of businesses. The asking price is $1,200,000. Given its size and location, this property is well-suited for businesses requiring significant space and prominent street presence. The building's versatility allows for adaptation to a wide range of commercial uses, making it an attractive prospect for entrepreneurs and investors alike. The substantial lot size provides additional potential for future development or expansion, adding further value to this already compelling investment. Serious inquiries are encouraged to explore the possibilities this exceptional Yakima commercial property offers. The property is ready for immediate occupancy, presenting a rare opportunity to secure a well-positioned commercial space in a thriving market. Detailed property information and specifications are available upon request.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Construction WOOD
Total area 8,113 SF
Lot 0.66 ac (28,750 SF)
Zoning code B1
APN 191318-33511
UPID US90-1128613

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
  • Title Company Escrow Service
  • Grocery & Convenience Store Food Market

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2023
Last sale
$1.0M
4 recorded transactions
2023
$312,187
2018
$327
2018
$1.0M
2013
Price N/A

Zoning & alternative use

B1 · Yakima, WA

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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