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3770 Terrace Heights Rd

7.33 Acres of Commercial Land Offered at $2,554,358 in Yakima, WA 98901

Investment Highlights

  • Just a half mile from PNWU Health Sciences 70 Acre campus with over 570 medical students and was the first medical school in PNW in 60 years
  • Proposed Yakima Valley Wine Resort acres off of Hardy Road, northeast of the Roza Canal will have 200 Guest Suites, 15-20 Tasting Rooms & Restaurant
  • Brand New University Parkway Apartments with 534 units and only .5 miles away has less than 1% vacancy
  • The community around the wine resort will consist of 1,110 Single Family Homes and up to 200 apartment units

Executive Summary

Ace Hardware has 60,000 on the southwest corner under contract.

Property Facts

Price $2,554,358
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Planned Unit Development
Total Lot Size 7.33 AC

1 Lot Available

Lot

Price $2,554,358
Price Per AC $348,480
Lot Size 7.33 AC

The site is made up of two parcels approx 3.5 acres each.

Description

Entitled commercial development site for Sale or Build to Suit. The site is made up of two parcels approx 3.5 acres each. New Traffic Light to be installed on NW corner of site. This is a prime location on Terrace heights Drive, the main arterial connecting Terrace Heights to Yakima. A $143 million dollar improvement project for Terrace Heights Drive will create an I-82 interchange increasing access and traffic flow. Just south of the subject property is a proposed town home development which will consist of 48 town homes.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
191321-11433
Land Assessment
$547,100
Improvements Assessment
$0
Total Assessment
$547,100

zoning

Zoning Code SCC
SCC
  • Listing ID: 18910619

  • Date on Market: 3/18/2020

  • Last Updated:

  • Address: 3770 Terrace Heights Rd, Yakima, WA 98901

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