1177 Jadwin Ave Richland, WA 99352-3401
This exceptional investment opportunity presents a fully occupied commercial office building situated at 1177 Jadwin Avenue in Richland, Washington. The property encompasses 6,453 square feet on a 0.49-acre lot and boasts a compelling 7.25% capitalization rate based on the pro forma financial projections. Constructed in 1965, the building retains its classic appeal while offering modern functionality. The six individual suites, each of varying sizes, cater to a diverse tenant base, ensuring consistent occupancy and a stable income stream. Its strategic location within Richland's bustling commercial corridor guarantees high visibility and accessibility, attracting a steady flow of potential clients. The property benefits from its position along major thoroughfares, providing convenient access for both tenants and customers. This well-maintained building presents a significant value-add potential for discerning investors seeking a strong return on investment in a prime location. The current occupancy and established cash flow make this an attractive opportunity for those seeking a stable and profitable commercial real estate asset in the thriving Richland market. The property's size and layout offer flexibility for future expansion or redevelopment, further enhancing its long-term value.
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Mid-Columbia Mastersingers Association / Organization
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American Diabetes Association Charitable Organization Social Service Agency
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Kerri Feeney Law Office Law Firm
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RC Engineering & Construction Management Engineering Consultant Employment Agency
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Melinda Johnson, LICSW Foster Care Service Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.