Specialty

Wapato, WA Specialty Properties for Sale

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Grocery Store NNN Investment
Updated: Mar 12
Grocery Store NNN Investment

512 W 1st St, Wapato, WA 98951

Contact for pricing
22,400 sqft 2.68 AC lot
Stabilized retail investment: grocery store operating under a long‑term NNN lease.
Lease term is 10 years with four consecutive 5‑year renewal options for long‑term income durability.
Offered at a 7.9% cap rate and described as a stabilized retail investment under NNN lease.
Two parcels totaling approximately 116,740 SF: 82,328 SF zoned B‑1 and an adjoining 34,412 SF parcel zoned M‑1.
Located at the prominent intersection of West 1st Street and U.S. Highway 97 in the Lower Yakima Valley.
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Former Church Multifamily Conversion Opportunity
Updated: Sep 25, 2025
Former Church Multifamily Conversion Opportunity

312 West 2nd Street, Wapato, WA 98951

$286,000
4,000 sq ft structure ideal for business or multifamily dwelling.
Qualifies as a triplex with proper permitting.
Two kitchens, one on main level and one in the basement.
HVAC systems in basement and top floor.
Large basement with ample space.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Wapato, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triple-Net Retail Building
Triple-Net Retail Building

1911 S 1st Street, Yakima, WA 98903

Contact for pricing
15,166 sqft 1.79 AC lot

A 2015-built, net-leased retail building operated by Harbor Freight under an extended lease through 2030.

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M-1 Zoned Industrial Flex Building
M-1 Zoned Industrial Flex Building

2607/2609 Ahtanum Rd, Yakima, WA 98903

Contact for pricing
10,000 sqft

Tilt-up industrial building with two demisable bays, each with a private office and ADA restroom.

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Single-Tenant NNN Restaurant Property
Single-Tenant NNN Restaurant Property

2490 Yakima Valley Highway, Sunnyside, WA 98944

$3,200,000

Single-tenant NNN leased to Popeyes Louisiana Kitchen with ~15 years remaining and a dedicated parking lot.

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Buildable Commercial Land
Buildable Commercial Land

4711 State Route 241, Sunnyside, WA 98944

$85,000

Buildable commercial site with highway access, offered for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Expansive Acreage with Utility Access
Expansive Acreage with Utility Access

NKA S Wenas Rd, Selah, WA 98942

$1,400,000
634.94 AC lot

Large land holding with views and versatile utility access.

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Off-Market Properties in Wapato, WA

Consider similar Off-Market properties in Wapato, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

450 Wapato Rd
DAY CARE, PRE-SCHOOL

450 Wapato Rd, Wapato, WA 98951-9533

Estimated value:
$200,000
5,690 sqft 1.68 AC lot
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4000 Yakima Vly Hwy
PROFESSIONAL CLUBS/ASSOCIATIONS

4000 Yakima Vly Hwy, Wapato, WA 98951-9639

Estimated value:
$345,000
3,600 sqft 0.62 AC lot
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218 3rd St
FUNERAL HOME

218 3rd St, Wapato, WA 98951-1308

Estimated value:
$290,000
4,712 sqft 0.50 AC lot
View details

Wapato, WA Specialty Properties Market Trends and Statistics

Explore 5 specialty properties for sale in Wapato, WA on our real estate platform. These investment opportunities span a total of 22,400 square feet of properties for sale, with an estimated market value of $286,000.

Sale prices for properties in Wapato, WA average $286,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Churches & religious facilities 1
NNN properties 1

Demographics Overview

Population 13K
Population Growth (5Y) +0.1%
Median Household Income $63,083
College Educated 13.3%

High-Yield Neighborhoods for Investment

Identify Wapato submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98951 $1.2M

Taxes & Financing

Tax Rate (average for all types) 0.77%
Property Tax per SF $13.78 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Yakima County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Yakima County

Office

Residential Income

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