1510 Nob Hill BlvdYakima, WA 98901

Property Details for 1510 Nob Hill Blvd

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.37 AC

Property size (Sq ft)

6,000 SF

Zone code

GC

Property type

Retail space

APN

191329-31429

APU

19132931429

Description

This exceptional commercial property in Yakima, WA, presents a rare investment opportunity. Located at 1510 E Nob Hill, this 8,544 square foot building sits on a 0.37-acre lot in a high-traffic area, ensuring maximum visibility and accessibility for any business. The ground floor offers expansive space, adaptable to a wide range of commercial uses. The layout is flexible and can be customized to suit specific business needs. Beyond the immediate commercial potential, the property also offers significant long-term growth opportunities. The upper level is partially completed, with framing already in place for two separate two-bedroom, one-bath apartments, totaling approximately 1,700 square feet of living space. This dual-use potential allows for immediate commercial income while providing a pathway to future residential rental income. The property's location on a busy street guarantees significant vehicle traffic, ideal for attracting customers and clients. The asking price is $795,000. Buyers are encouraged to independently verify the total square footage and all property details to ensure they meet their specific requirements. This property is ready for your vision and represents a remarkable investment opportunity. Don't miss out!

• CAP approach

  CAP return

  Valuation

  6%

  $1,440,610

  6.5%

  $1,329,790

  7%

  $1,234,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,590,600

  Geo Method

  $1,201,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,696,200

  Mixed-Use / Specialty

  $1,283,440

  Hospitality / Lodging

  $887,445

  Office

  $1,232,480

  Institutional / Educational

  $1,319,390

  Residential Income

  $1,543,690

  Multifamily

  $2,082,090

  Automotive / Energy

  $1,130,910

  Parking / Income-Based Land

  $431,372

  Restaurant / Food Service

  $578,724

  Healthcare / Senior Housing

  $1,358,820

Location Insight

City

Yakima

County

Yakima

State

Washington

Latitude

46.5847

Longitude

-120.481

CBSA code

49420

CBSA name

YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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