1502 W Washington Ave

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 1502 W Washington Ave, Yakima, WA 98903, USA
Seattle & Northwest + Land/Development
Created date: July 9, 2025
Date last updated: November 4, 2026
Price: $6,842,405Investment Analyzer NEW!
  • Centrally located at dominant controlled corner intersection with traffic counts in excess of 37,227 vehicles per day passing by.
  • Build ready flat and level lots with major infrastructure completed and utilities to site (buyer to satisfy themselves to the availability and capacity of utilities).
  • Lots 5, 6 and 9 (the interior lots) are available to purchase based upon $17/SF.
  • Lots 2, 3, 4 and 7 (the frontage lots) are available to ground lease based upon $2.87/SF/year, NNN, or $125,000/year/acre, NNN.
  • Lot 1 is available to ground lease based upon $3.44/SF/year, NNN, or $150,000/year/acre, NNN.
  • Lot 1 is located in the city of Yakima while all remaining lots are located in the city of Union Gap.

Property Description

THIS OFFERING is for the opportunity to purchase or ground lease prime commercial lots within a recently completed development. Centrally located at the busy controlled corner intersection of S 16th Ave and W Washington Ave that experiences in excess of 37,000 vehicles per day passing by, these flat and level lots are ready to build upon with interior roads and major infrastructure completed. Frontage lots are available to lease or build-to-suit while the interior lots are available to purchase. Lots range in size between approximately .61 acres to approximately 2.11 acres.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $6,842,405
Lot Size: 9.24 Acres
Opportunity Zone: No
Property Website Click Here
Address: 1502 W Washington Ave, Union Gap, WA 98903, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

20075 Northeast Amberglen Parkway

Hillsboro, Oregon
Seattle & Northwest + Land/Development
Price: $830,000

517 Del Dr

Jerome, Idaho
Seattle & Northwest + Land/Development
Price: $599,000

517 Del Dr

Jerome, Idaho
Seattle & Northwest + Land/Development
Price: $599,000

Brokers

View All

Lenders

View All