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Investment Highlights

  • Prominently located in an industrial growth area at a controlled intersection with Hwy 24 frontage and quick access to Interstate 82.
  • Flat and level site with significant frontage along both Hwy 24 and University Parkway.
  • Offered price equates to approximately $3.44/SF to the entirety or $4/SF attributable to the estimated developable area of approximately 12.75 acres.
  • Flexible zoning and location support a variety of potential uses.
  • Utilities are believed to be available at or near the property lines, however, buyer is to satisfy themselves as to the availability of such.
  • Property is currently located within the 100-year flood plain.

Property Facts

Price $3,030,741 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Office
  • Mixed Use
Total Lot Size 14.82 AC
Zoning M-1

1 Lot Available

Lot

Price $3,030,741 CAD
Price Per AC $204,503.45 CAD
Lot Size 14.82 AC

Description

THIS OFFERING is for the opportunity to purchase a flat and level light industrial zoned site at a prime location that is prime for development. Located in an established and growing industrial submarket area, the property is located at the busy controlled intersection of Highway 24 and University Parkway and benefits from quick proximity to Yakima while being just minutes away from Interstate 82. The combination of flexible zoning, strong location and available infrastructure support a variety of potential uses. Major utilities are believed to be at or near the property lines, however, buyer is to satisfy themselves as to the availability and capacity of such. While the total land area consists of approximately 14.82 acres, a buffer area exists from Blue Slough Creek along the western boundary, therefore for purposes of this marketing effort, it’s assumed the developable area is approximately 12.75 acres and the asking price equates to approximately $4/SF attributable to the approximately 12.75 acres.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
191328-43007
Land Assessment
$394,265 CAD
Improvements Assessment
$0 CAD
Total Assessment
$394,265 CAD
  • Listing ID: 40216392

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: University Parkway at Highway 24, Yakima, WA 98901

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