1242 Ahtanum Ridge DrUnion Gap, WA 98903

Property Details for 1242 Ahtanum Ridge Dr

Year built

2004

Construction

WOOD

Lot size

1.35 AC

Property size (Sq ft)

11,644 SF

Zone code

W/W

Property type

Medical offices

Property subtype

Medical centers

APN

191206-31424

APU

19120631424

Description

This exceptional Union Gap office building, situated at 1242 Ahtanum Ridge Dr, offers 4,000 square feet of immediately available space within a larger 11,528 square foot building. Located in the thriving Ahtanum Ridge Business Park, this Class B property boasts prominent visibility from Ahtanum Rd and convenient freeway access. Built in 2004, the single-story building features a total of two suites. The available space, previously occupied by diverse businesses including a software company and a commercial contractor, is highly adaptable and features a mostly open bullpen layout complemented by five private offices, a conference room, kitchen/breakroom, storage areas, and multiple restrooms. The property sits on a 1.35-acre lot and offers ample parking (ratio of 1 space per 200 square feet). The zoning is W/W. The property's location near the heart of Union Gap's retail core provides excellent accessibility and visibility. This is an ideal opportunity for businesses seeking affordable, well-located office space in a rapidly growing area. The APN is 191206-31424. Minimum divisible space is 4,000 square feet. There are no elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $2,286,305

  6.5%

  $2,110,435

  7%

  $1,959,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,968,109

  Geo Method

  $2,242,402

• Alternative Use

  Use

  Valuation

  Residential

  $2,616,940

  Hospitality

  $2,397,103

  Educational

  $1,994,361

  Medical

  $2,062,951

  Retail

  $3,102,340

Location Insight

City

Yakima

County

Yakima

State

Washington

Latitude

46.5564

Longitude

-120.496

CBSA code

49420

CBSA name

YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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