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Property profile & analytics
OFF-MARKET Estimated value $5,495,000
Distribution centers

94 Vly Mall Blvd Union Gap, WA 98903-2511

75,840 SF 8.62 ac lot Built 1997
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US90-2758624
Property summary
AI-generated overview

This exceptional 80,715-square-foot warehouse, situated on approximately 6.7 acres (291,852 square feet) in Union Gap, Washington, presents a compelling investment opportunity. Built in 1997, the property boasts a desirable location near the airport and Highway 82, ensuring convenient access and high visibility. The building features an impressive 18+ foot clear height, providing ample storage and operational space. A prominent pylon sign with an electric reader board enhances visibility, while two ingress/egress points facilitate efficient traffic flow. Currently occupied by King Beverage, the property is strategically positioned amongst strong national tenants including Costco, Lowe's, WinCo Foods, and a Yakima car dealership, indicating a robust and stable commercial environment. The warehouse is available for occupancy in the first quarter of 2025, offering a significant opportunity for future development or lease. The asking price is $10,250,000, translating to $126.99 per square foot. The property's size, location, and existing tenant base make it an attractive investment prospect. The zip code is 98903.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 75,840 SF
Lot 8.62 ac (375,487 SF)
Zoning code M2
APN 181201-11405
UPID US90-2758624
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.14M
Blend (final) Blend
$5.50M
Owner & transaction history
Mecca Holdings LLC
Mecca Holdings LLC
since 2026
1 recorded transaction
2026
$7.5M
Zoning & alternative use
M2 · Union Gap, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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