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

    3405 Court St Pasco, WA 99301

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime retail space, two suites available. High-traffic location.

    Property Features for 3405 Court St

    General Information

    Property type
    Retail properties & Spaces
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Scott Sautell

    Listing Agency: SVN Retter & Company Listing Agent: Scott Sautell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail opportunity is located at 3405 W Court Street in Pasco, Washington, within the Riverview Plaza. The property boasts a strong tenant mix and has recently undergone improvements, enhancing its appeal and functionality. Two contiguous retail spaces are currently available for lease, offering a combined total of 5,450 square feet. Each space offers a unique advantage for businesses seeking a prominent location. Suite 3427 encompasses 3,000 square feet, while Suite 3405 offers 2,450 square feet. Both units feature a wide-open floor plan, providing maximum flexibility for tenant build-outs and customization. Each suite includes a restroom located conveniently in the rear. The property sits on a 0.06-acre lot and enjoys a highly visible position on Court Street, directly across from the Autoplex, ensuring significant foot traffic and exposure to a large customer base. This location offers unparalleled access to a thriving commercial area, making it an ideal choice for businesses seeking high visibility and convenient access for customers. The asking price is $10 million. Interested parties should inquire for further details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Total Employment And Management- ... Employment Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasco
    County
    Franklin
    State
    Washington
    Longitude
    -119.1357
    Latitude
    46.24269

    Nearby Similar for Sale

    • $624,900
      10.04 Acres

      Established Cherry Orchard Ready to Harvest

      Turnkey 10-acre cherry orchard with irrigation and equipment shed.
      630 Moore Rd, Pasco, WA 99301
      View Details
    • New
      $549,900
      Pending

      Pasco Duplex Built in 2021

      Turnkey duplex in Pasco with strong rental history.
      2512 E Helena St, Pasco, WA 99301
      View Details
    • $455,000
      Pending

      Updated Duplex in Pasco, WA

      Updated duplex: investment, multi-generational living, or rent.
      1304 N 16Th Ave, Pasco, WA 99301
      View Details
    • $775,000
      3,536 SF

      Pasco Fourplex with Separate Utilities

      Fourplex in Pasco, WA, each unit with separate utility hookups.
      1504 W Ruby St, Pasco, WA 99301
      View Details
    • New
      $1,350,000
      8,540 SF

      Updated Church and Event Center

      Turnkey church and event center on over four acres.
      791 County Hvn Loop, Pasco, WA 99301
      View Details
    • Contact for pricing
      6,200 SF

      Versatile Plaza on 20th Avenue

      Plaza suited for office, retail, or medical use.
      2915 N 20Th Ave, Pasco, WA 99301
      View Details
    • $950,000

      Industrial Warehouse with Storage Units

      2,400 SF warehouse with storage units for sale.
      710 N California Ave, Pasco, WA 99301
      View Details
    • Contact for pricing
      3,026 SF

      Commercial Office Building on Main

      Commercial office building with high visibility and easy access.
      320 N 20Th Ave, Pasco, WA 99301
      View Details
    • Contact for pricing
      22,270 SF

      Modern Office and Retail Space

      New Pasco office/retail suites near major highways and airport.
      2713 N 20Th Ave, Pasco, WA 99301
      View Details
    • Contact for pricing

      New Retail Strip Center

      New retail strip center in prime west Pasco location.
      9707 Saint Thomas Dr, Pasco, WA 99301
      View Details
    • $2,700,000

      Pasco Investment Opportunity

      8,100 SF building with ESD 10-Year Lease.
      611 S 5Th Ave, Pasco, WA 99301
      View Details
    • $2,625,000

      West Pasco Medical Office Space

      Medical office space with high traffic and ample parking.
      6825 Burden Blvd, Pasco, WA 99301
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime retail space, two suites available. High-traffic location.
    Where is this retail property located?
    The property is located at 3405 Court St Pasco, WA.
    What is the asking price?
    The asking price for this property is $10.
    (509) 430-8986
    Request Owner's contact information
    3405 Court St Pasco, WA 99301
    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.
    3405 Court St
    Pasco, WA 99301
    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
    3405 Court St Pasco, WA 99301
    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

    We can help!
    Listing Contact
    Scott Sautell
    Real Estate License ID: 109003
    (509) 430-8986 (509) 737-9429
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!