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Property profile & analytics
OFF-MARKET
Office buildings

1177 Jadwin Ave Richland, WA 99352-3401

Entity Owned 3-yr Hold
Property ID
US90-2890906
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
APN 30PF22600000000
UPID US90-2890906
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mid-Columbia Mastersingers Association / Organization
  • American Diabetes Association Charitable Organization Social Service Agency
  • Kerri Feeney Law Office Law Firm
  • RC Engineering & Construction Management Engineering Consultant Employment Agency
  • Melinda Johnson, LICSW Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bff1 Properties LLC · 3 yrs held
Bff1 Properties LLC
since 2023
1 recorded transaction
2023
$650,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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