2685 Lincoln AveSunnyside, WA 98944

  • Retail space
  • 8,784 SF
For Sale

Property Details for 2685 Lincoln Ave

Year built
2005
Construction
WOOD
Lot size
1.02 AC
Property size (Sq ft)
8,784 SF
Zone code
BCOM
Property type
Retail space
APN
231031-12400
APU
23103112400

Description

This exceptional retail property, located at 2685 E Lincoln Ave in Sunnyside, WA, offers a prime opportunity for a discerning business owner. Situated directly in front of a major Walmart store, this full retail building boasts a highly visible location within a bustling commercial center, ensuring significant foot traffic and exposure. The property encompasses a generous 1.02-acre lot, providing ample space for various retail operations. The building itself is ideal for neighborhood retail tenants seeking a well-established and busy location. This presents a unique chance to establish or expand a business in a thriving Sunnyside community. The property is offered with a preferred lease term of three years. Interested parties are encouraged to inquire for detailed information and scheduling a viewing. The property is listed at $20 million. The square footage is not currently available. This is a rare opportunity to secure a prominent retail space in a high-demand area. Don't miss out on this chance to capitalize on the significant advantages of this location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,109,050
    6.5%
    $1,946,820
    7%
    $1,807,760
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,328,650
    Geo Method
    $1,947,750
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,947,230
    Mixed-Use / Specialty
    $1,878,960
    Hospitality / Lodging
    $1,299,220
    Office
    $1,804,350
    Institutional / Educational
    $1,931,590
    Residential Income
    $2,259,960
    Multifamily
    $3,048,190
    Automotive / Energy
    $1,655,650
    Parking / Income-Based Land
    $631,529
    Restaurant / Food Service
    $847,252
    Healthcare / Senior Housing
    $1,989,310

Location Insight

City
Sunnyside
County
Yakima
State
Washington
Latitude
46.3165
Longitude
-119.987
CBSA code
49420
CBSA name
YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,129
$299,950
$713,100
$1,013,050
-
$299,950
$713,100
$1,013,050

FAQs

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