3851 Harrah RdHarrah, WA 98933

Property Details for 3851 Harrah Rd

Year built

1987

Construction

WOOD

Lot size

1.70 AC

Property size (Sq ft)

2,940 SF

Zone code

R

Property type

Retail properties

Property subtype

Auto shops

APN

181126-33006

APU

18112633006

Description

This exceptional 1525000 USD investment opportunity presents a unique chance to acquire the former Harrah Elementary School grounds in Harrah, WA, located at 3851 Harrah Road. The property encompasses a substantial school building complex, including a gymnasium, numerous classrooms, and several portable buildings. The existing infrastructure also includes a dedicated school bus barn, providing ample storage and maintenance space. Additionally, there are work bays and an office building on-site, offering versatile options for future use. The property's size is not specified in square footage, but the land itself is not extensive, being listed as a zero-acre lot. While a track parcel was previously included, it has since been sold separately. This presents a blank canvas for a variety of commercial ventures, from educational facilities to light industrial uses, or even adaptive reuse projects. The existing buildings offer significant potential for renovation or repurposing, providing substantial cost savings compared to new construction. The property's location in Harrah, WA offers access to local amenities and a growing community. This is a rare opportunity to acquire a substantial property with significant existing infrastructure, ideal for an investor seeking a high-impact project with considerable upside potential. The property is being offered at 1,525,000 USD. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $848,588

  6.5%

  $783,312

  7%

  $727,361

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,888,537

  Geo Method

  $1,426,787

• Alternative Use

  Use

  Valuation

  Residential

  $660,753

  Hospitality

  $605,246

  Educational

  $503,557

  Medical

  $520,876

  Retail

  $783,312

Location Insight

City

Harrah

County

Yakima

State

Washington

Latitude

46.4063

Longitude

-120.543

CBSA code

49420

CBSA name

YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].