Day Care Center with Expansion
For Sale
$1,200,000
1706 Bronco Lane, Richland, WA 99354
Commercial Sale, Richland, WA
Property Size4,800 SF
Lot Size5.08 Acres
Price / SF$250
Days on Market93
Property Features for 1706 Bronco Lane
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Mixed Use
Parking
21
Security features
Security Lighting
Exterior features
Gutters Full, Security Light, Parking/10+ Spaces
Subdivision
Richland Cntrl
Directions
Going N on 240 Bypass Hwy turn left onto W Van Giesen St then quick right onto Bronco Ln. Building and lot first on your right side.
Standard status
Active
APN
104981020001013
Size
4,800 SF
Lot size
5.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5202
Utilities
Utilities
Electricity Available
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1997
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
RaeAnne Marcum · License #118643
(509) 521-5323
Added: Jul 7
Changed: Sep 16
Last Checked: Oct 7 at 1:06AM
MLS# 294457
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.
Investment Insights
Based on property information with market context.
This 4,800-square-foot day care facility sits on 5.08 acres and includes four classrooms, four bathrooms, a private office, and a dedicated break room. The building was constructed in 1997 and features a 2026 roof replacement, new carpet, wood siding, heat-pump cooling, composition roofing, full gutters, and a security light. Thirteen paved parking spaces serve the existing improvements, with additional land available for parking or future expansion.
Located at 1706 Bronco Lane in Richland, the property is positioned near Van Giesen Street, Bronco Lane, the Columbia Basin Racquet Club, and the primary entrance to West Richland. Mixed-use zoning and available electricity support the property's current educational use and other stated possibilities, including professional office, medical or therapy, daycare, and community space. Gateway Preschool occupies the building under a lease extending through February 2027, with an option for an additional three years. Preliminary flood maps show the building being removed from the floodway, while the building is exempt from flood insurance requirements.
Located at 1706 Bronco Lane in Richland, the property is positioned near Van Giesen Street, Bronco Lane, the Columbia Basin Racquet Club, and the primary entrance to West Richland. Mixed-use zoning and available electricity support the property's current educational use and other stated possibilities, including professional office, medical or therapy, daycare, and community space. Gateway Preschool occupies the building under a lease extending through February 2027, with an option for an additional three years. Preliminary flood maps show the building being removed from the floodway, while the building is exempt from flood insurance requirements.
Key Highlights
- 4,800‑square‑foot building on 5.08 acres
- Four classrooms, four bathrooms, private office, and dedicated break room
- 2026 roof replacement and new carpet throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,750
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,000
$775.0K
Cap Rate 7%
$553,571
$553.6K
Cap Rate 9%
$430,556
$430.6K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$67.4K $14.04/SF
− Vacancy
−$5.4K −$1.12/SF
EGI
$62.0K $12.92/SF
− OpEx
−$23.3K −$4.84/SF
NOI
$38.8K $8.07/SF
Area
Benton County, WA
Vacancy
8.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,000
Cap Rate 7%
$553,571
Cap Rate 9%
$430,556
Alternative Uses
Best Use
Mixed Use
$553.6K
$484.4K – $645.8K
NOI $38,750 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,194 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99354, WA
24,839
Population
10,807
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,039
Density / Sq Mi
$88,601
Median Household Income
$50,192
Median Earnings
$1,299
Median Rent
$355,400
Median Home Value
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Similar Off Market Nearby
- Early Learning Co-op — 1312 Sacramento Blvd, Richland, WA 99354
- Gateway School-Young Children — 1706 Bronco Ln, Richland, WA 99354
- Boys & Girls Club Discovery Preschool - Jason Lee — 1702 Van Giesen St, Richland, WA 99354
- Kid Zone Daycare Inc — 1800 McMurray Ave, Richland, WA 99354
- Boys & Girls Club at Jason Lee — 1750 McMurray Ave, Richland, WA 99354
Frequently Asked Questions
What type of property is this?
Day care center - Mixed-use property with classrooms, office space, on-site parking, and room for additional development.
Where is this day care center located?
The property is located at 1706 Bronco Lane Richland, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,800‑square‑foot building on 5.08 acres; Four classrooms, four bathrooms, private office, and dedicated break room; 2026 roof replacement and new carpet throughout
