504 N 40Th Ave Yakima, WA 98908
Property Lookup
Property profile & analytics
504 N 40Th Ave Yakima, WA 98908
- Medical Office Space
- 12,083 SF
- 1.31 lot acres
Property ID
US90-1154878
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.
Location Intelligence
Current Use by Public Records
- Family Medicine of Yakima: Jeffrey S Kaplan,MD / Pediatrician / Physician
- Mindy Udell / Physician
- Kial Wiley / Pediatrician / Physician
- Midhuna Papazian / Pediatrician / Physician
- Family Medicine of Yakima: Krauth Robert J MD / Pediatrician / Physician
Property Details for 504 N 40Th Ave
- Year built
- 1993
- Construction
- WOOD
- Lot size
- 1.31 lot acres
- Property size
- 12,083 SF
- Zone code
- B1
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 181322-21450
- APU
- 18132221450
Description
This exceptional commercial property, located at 504 N 40th Ave in Yakima, WA, presents a significant investment opportunity. The building encompasses a substantial 13,762 square feet of space, offering ample room for a variety of commercial uses. Situated on a generous 1.13-acre lot, the property provides ample parking and potential for expansion or future development. The asking price is $2,900,000. The property's size and location in Yakima make it ideal for businesses seeking a prominent presence in a thriving market. Its versatility allows for adaptation to suit diverse commercial needs, from retail and office spaces to light industrial operations. The substantial lot size offers significant flexibility for future development or expansion projects. This is a rare opportunity to acquire a large, well-located commercial property in Yakima, WA, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this property presents. Further details and property specifics are available upon request. The property is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,145,000
- 6.5%
- $1,980,000
- 7%
- $1,840,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,345,000
- AI Estimate
- $1,486,000
Market price range: $1.10M - $3.53MMarket price range: $716k - $2.45M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,340,000 Current use
- OFFICE BUILDING
- $2,250,000 Change: -4% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,970,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Yakima
- County
- Yakima
- State
- Washington
- Longitude
- -120.563
- Latitude
- 46.6057
- 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
$1,082
$341,400
$1,668,400
$2,009,800
-
$341,400
$1,668,400
$2,009,800
