W Nob Hill Blvd
Yakima, WA 98902
Commercial land · Land For Sale
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1.30 AC
Investment Highlights
- Only existing assemblage or commercial site of this size with Nob Hill frontage that’s available along the general submarket area.
- Passive income in place of approximately $35,880/year, gross, from the existing residential improvements.
- Geotechnical report in hand.
- Conceptual site plans performed by architects in hand that support retail structures of up to 18,000SF in total.
- 21,615 vehicles per day on W Nob Hill Blvd.
- Access from 3 arterials with approximately 285' of frontage and approximately 200' of depth.
Property Facts
Description
THIS OFFERING is for the opportunity to purchase an assemblage of 5 commercially zoned parcels totaling approximately 1.3 acres basically comprising of a full city block. With approximately 285-feet of frontage along W Nob Hill Blvd and approximately 200-feet of depth to each of S 7th Ave and Cornell Ave, respectively, this site is ideally configured for a traditional retail strip building or might be suitable for other retail or professional users. An established grocery anchored neighborhood shopping center lies 3 blocks to the east while a busy Dollar Tree sits directly across the street. The 4 existing residential improvements, which are deemed to hold no value for purposes of this offering, provide the opportunity for short-term, passive income for those investors interested in land-banking the site, as they currently gross approximately $35,880/year in gross annual income.
Property Taxes
| Parcel Numbers | Improvements Assessment | $637,200 | |
| Land Assessment | $270,000 | Total Assessment | $907,200 |
Property Taxes
