3700 Fairbanks AveYakima, WA 98902

Property Details for 3700 Fairbanks Ave

Year built

2000

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.96 AC

Property size (Sq ft)

3,950 SF

Zone code

BCOM

Property type

Medical offices

Property subtype

Medical centers

APN

181315-43404

APU

18131543404

Description

This exceptional single-tenant office space, totaling 3,950 square feet, presents a remarkable sublease opportunity. Located just east of 40th Avenue, this conveniently situated property boasts a prime location. The building, constructed in 2000, is a one-story Class B structure situated on a 0.96-acre lot and zoned for commercial use. The interior layout is highly functional and includes three private offices, a spacious conference room perfect for client meetings or team collaborations, a welcoming reception area, and two ADA-compliant restrooms ensuring accessibility for all. A well-equipped kitchen area adds convenience, while a large bullpen provides ample space for a collaborative work environment. The property features split unit heating and cooling systems throughout, ensuring comfortable climate control. Abundant parking is available on-site, providing convenience for employees and clients alike. The building's neighbor is Riverbend Family Dental, adding to the professional atmosphere of the area. This turnkey office space is ready for immediate occupancy, offering a seamless transition for businesses seeking a functional and well-appointed workspace. The entire 3,950 square feet is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $775,584

  6.5%

  $715,924

  7%

  $664,787

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,006,873

  Geo Method

  $760,691

• Alternative Use

  Use

  Valuation

  Residential

  $887,746

  Hospitality

  $813,170

  Educational

  $676,548

  Medical

  $699,816

  Retail

  $1,052,408

Location Insight

City

Yakima

County

Yakima

State

Washington

Latitude

46.6075

Longitude

-120.559

CBSA code

49420

CBSA name

YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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