6700 W Nob Hill Blvd
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6700 W Nob Hill Blvd
1 - 32 Acre Commercial Land Lots Offered at £511,808 - £12,010,433 Per Lot in Yakima, WA 98908
Investment Highlights
- Strong existing and rapidly growing retail presence immediately adjacent to the property.
- Infrastructure and major utilities in place along W Nob Hill Blvd and S 72nd Ave.
- Note, small parcel sales fronting W Nob Hill Blvd are unlikely prior to procuring a junior or mid-box retailer for the dominant acreage.
- Growing medical/professional presence with an existing 26,000SF building in place and a dental facility planned for late 2018.
- Owners will entertain ground leasing or build-to-suit upon terms to be negotiated.
Executive Summary
THIS OFFERING is for the opportunity to purchase prime commercial acreage suitable for retail, professional or medical uses in western Yakima’s preeminent commercial location. Fronting both W Nob Hill Blvd and S 72nd Ave, the total site includes up to 33.37 divisible acres and is home to numerous existing and planned retail and medical projects.
The site benefits from nearby ever-expanding residential subdivisions, including a 438-unit multi-family development breaking ground on the south end of the property in the fall of 2018, which combine to provide for some of Yakima’s strongest demographics.
While pricing is generally offered as parcels consisting of either fronting W Nob Hill Blvd or containing 4 acres or less being at $15/SF and purchases above 4 acres or fronting S 72nd Ave being at $11/SF, final pricing will be upon terms to be negotiated based on factors such as location, size, use and compatibility
within the overall project. Owner reserves the right to approve or reject any offer, regardless of price.
The site benefits from nearby ever-expanding residential subdivisions, including a 438-unit multi-family development breaking ground on the south end of the property in the fall of 2018, which combine to provide for some of Yakima’s strongest demographics.
While pricing is generally offered as parcels consisting of either fronting W Nob Hill Blvd or containing 4 acres or less being at $15/SF and purchases above 4 acres or fronting S 72nd Ave being at $11/SF, final pricing will be upon terms to be negotiated based on factors such as location, size, use and compatibility
within the overall project. Owner reserves the right to approve or reject any offer, regardless of price.
Property Facts
2 Lots Available
Lot
| Price | £12,010,433 | Lot Size | 32.00 AC |
| Price Per AC | £375,326 |
| Price | £12,010,433 |
| Price Per AC | £375,326 |
| Lot Size | 32.00 AC |
Represents parcel sales totaling in excess of 4 acres, which has an offered price of $11/SF. Parcels fronting S 72nd Ave also have an offered price of $11/SF without regard to size.
Lot
| Price | £511,808 | Lot Size | 1.00 AC |
| Price Per AC | £511,808 |
| Price | £511,808 |
| Price Per AC | £511,808 |
| Lot Size | 1.00 AC |
Represents lot sales of between 1 - 4 acres fronting W Nob Hill Blvd, which have an offered price of $15/SF.
PROPERTY TAXES
| Parcel Number | 181329-14417 | Improvements Assessment | £0 |
| Land Assessment | £30,447 | Total Assessment | £30,447 |
PROPERTY TAXES
Parcel Number
181329-14417
Land Assessment
£30,447
Improvements Assessment
£0
Total Assessment
£30,447
zoning
| Zoning Code | GC - General Commercial |
| GC - General Commercial |
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6700 W Nob Hill Blvd
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