Yakima, WA
Commercial Real Estate Market Trends & Data

$210 Avg asking sale price
$1,386 Avg asking lease rate
24,408 SF Avg unit lease size
49,980 SF Avg building size for sale
6.99% Average cap rate

Yakima's Demographic Profile

Yakima has 36,183 households and a median income of $52,934, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 99,188
# Households 36,183
Median age 35
Median household income $52,934
Avg household size 3.0
Renter-occupied housing units 16,849
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Yakima, WA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Yakima $133 11,106 SF 7.00%
Granger $56 9,000 SF 9.12%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Yakima $123 79,949 SF 7.77%
Union Gap $146 37,043 SF 6.36%
Moxee $333 45,848 SF 6.80%
Nearby Retail Markets Avg Cost/SF Typical Size
Yakima $324 15,689 SF
Union Gap $785 13,632 SF
Selah $133 13,112 SF
Wapato $113 22,400 SF
Toppenish $150 8,640 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Yakima $203 29,100 SF 6.50%
Wenatchee $65 31,988 SF 5.93%
Cashmere $65 34,916 SF 5.93%
Moses Lake $180 9,197 SF 6.45%

Commercial Properties For Sale in Yakima

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Industrial Zoned Lot

Union Gap, WA 98903

  • 2.16 AC Lot
  • 1 Commercial Lot
  • $600,000
For Sale

Former Great Floors

Yakima, WA 98901

  • 25,600 SF Retail Building
  • $5,500,000
For Sale

3602 Tieton Dr

Yakima, WA 98902

  • 1,792 SF Retail Building
  • 12.41% Cap Rate
  • $1,875,000
For Sale

Cascade Parkway

Yakima, WA 98901

  • 83,568 SF Industrial Building
  • 7.77% Cap Rate
  • $7,995,000
For Sale

Manufacturing or Distribution Warehouse

Yakima, WA 98901

  • 433,984 SF Industrial Building
  • $12,585,536
For Sale

Former Can Manufacturing & Cold Storage

Yakima, WA 98902

  • 208,849 SF Industrial Building
  • $5,012,376

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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CapEx in Commercial Real Estate
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Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
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Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Yakima pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Yakima $210 49,980 SF
Union Gap $448 29,967 SF
Selah $133 13,112 SF
Wapato $402 10,591 SF
Harrah $47 63,265 SF

Regional Demographic Comparison

This comparison places Yakima alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Yakima or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Yakima 99,188 36,183 35 $52,934 3 16,849 1%
Selah 8,597 3,096 34 $73,734 3 1,218 2%
Wapato 5,016 1,321 29 $51,236 4 647 1%
Harrah 453 130 34 $67,500 3 50 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Yakima, WA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Yakima

View All Commercial Real Estate For Sale in Yakima
Is Yakima a good market for a first-time commercial real estate investor?

Yakima offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Yakima?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Yakima. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Yakima?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Yakima. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Yakima compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Yakima. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Yakima acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Yakima, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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