Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1450 S Grand Avenue Ste.4 Pullman, WA 99163

    View on Map
    For Sale
    Contact for pricing

    Retail - Pullman, WA

    Type:Retail
    Added:
    Aug 5, 2024
    Days on Market:
    608
    Last Refresh:
    Apr 4 at 6:06 am

    Property Features for 1450 S Grand Avenue Ste.4

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    Commercial Distric
    Standard status
    Active

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1409

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1995
    Architectural style
    Other

    We can help!

    Listing Contact
    Jacob Davis
    Jacob Davis

    Listing agent Jacob Davis License #108462

    Listing office Woodbridge Real Estate 605 S Grand Ave Ste 1, Pullman, WA

    Listing date Aug 5, 2024

    MLS# 275391 Listing URL

    Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Pullman, WA

    This retail property is located in Pullman, Washington, within a commercial district. The property is suitable for retail or other retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Smith Golden Physician Harbor Freight Tools Building Supply Grocery Outlet Grocery & Convenience Store Margaret Igielski Pharmacy David Repp Pharmacy

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pullman
    County
    Whitman
    State
    Washington
    Longitude
    -117.182492
    Latitude
    46.715642

    Nearby Similar for Sale

    • $899,500
      4,476 SF

      Newer Tri-Plex in Prime Location

      Tri-plex with long-term tenants and strong cash flow.
      2430 NW Granite Ct., Pullman, WA 99163
      View Details
    • $649,000
      4,954 SF

      Duplex in Pullman, WA

      Investment opportunity: two homes in one property.
      580-582 SE Shoemaker PL, Pullman, WA 99163
      View Details
    • $709,000
      4,001 SF

      Pullman Triplex with Income Potential

      Rare opportunity for owner-occupied living with income potential.
      405 NW North Street, Pullman, WA 99163
      View Details
    • $485,000
      2,826 SF

      Spacious Home with Income Potential

      Two-story home with flexible living space and income potential.
      513-515 NE Kamiaken, Pullman, WA 99163
      View Details
    • $649,000
      3,080 SF

      Triplex Near WSU Campus

      Fully rented triplex near Washington State University campus.
      935 NE C Street, Pullman, WA 99163
      View Details
    • $550,000
      2,416 SF

      Pullman Fourplex Investment Opportunity

      Well-maintained fourplex near WSU with strong income potential.
      540 SE McKenzie St., Pullman, WA 99208
      View Details
    • $440,000
      1,800 SF

      Pullman Duplex Investment Opportunity

      Duplex with strong rental appeal near Washington State University.
      310 NW Robert St, Pullman, WA 99163
      View Details
    • $460,000
      2,464 SF

      Duplex Near WSU Recreation Center

      Duplex near WSU with consistent rental performance and development potential.
      1225 NE Orchard Dr, Pullman, WA 99163
      View Details
    • $399,000
      1,276 SF

      Pullman Duplex Near WSU Campus

      Turnkey duplex near WSU, offering immediate income potential.
      1055 Duncan Lane, Pullman, WA 99163
      View Details
    • $359,000
      2,080 SF

      Pullman Triplex Near WSU

      Well-maintained triplex near downtown Pullman and Washington State University.
      732 NW Ritchie, Pullman, WA 99163
      View Details
    • $299,000
      1,780 SF

      Turnkey Pullman Triplex Opportunity

      High-demand investment property near WSU campus with development potential.
      230 SE Spring, Pullman, WA 99163
      View Details
    • $299,000
      1,738 SF

      Charming Pullman Duplex Opportunity

      Two homes on one parcel near Washington State University.
      320 SE Spring St., Pullman, WA 99163-2524
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property for sale in Pullman, Washington's commercial district.
    Where is this retail property located?
    The property is located at 1450 S Grand Avenue Ste.4 Pullman, WA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Built in 1995; Electric Heating
    (509) 553-9068
    We can help!
    Listing Contact
    Jacob Davis
    Jacob Davis
    Real Estate License ID: 108462
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!