7750 Randolph RdMoses Lake, WA 98837

Property Details for 7750 Randolph Rd

Lot size

12.11 AC

Property type

Retail properties

Property subtype

Retail space

APN

110069607

APU

110069607

Description

This exceptional industrial property in Moses Lake, WA, offers two brand-new, single-story steel buildings totaling 24,000 square feet of versatile space. Each building boasts 12,000 square feet of interior space, complemented by 600 square feet of office area. Situated on a sprawling 12.12-acre lot, this Class A property provides ample room for expansion and customization. The site features a fully fenced perimeter with convenient front and back sliding gates, ensuring secure access. Currently in Phase I of construction, the property includes 42,000 square feet of paved outdoor space, perfect for storage or parking, and a container/flatbed trailer dock-high loading dock. The property also includes two drive-in doors and two loading docks. The buildings offer 22-foot ceiling heights and are equipped with 3-phase 480V power. Leasing options include the buildings alone or with the paved outdoor storage/parking areas and yard. The property benefits from its prime location in a growing industrial neighborhood, offering easy access to I-90, County Road 17, and the Grant County International Airport. Seven additional acres of yard space are available for fleet parking or future build-to-suit projects. Completion is expected in November 2024. This property is ideal for manufacturing, warehousing, flex, R&D, or distribution businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $158,048,464

  6.5%

  $145,890,880

  7%

  $135,470,112

• Comparable approach

  Method

  Valuation

  Relative Method

  $283,496,352

  Geo Method

  $283,496,352

• Alternative Use

  Use

  Valuation

  Residential

  $123,064,424

  Hospitality

  $112,726,344

  Educational

  $93,787,000

  Medical

  $97,012,480

  Retail

  $145,890,880

Location Insight

City

Moses Lake

County

Grant

State

Washington

Latitude

47.1811

Longitude

-119.326

CBSA code

34180

CBSA name

MOSES LAKE, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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