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

    9145 St Thomas Dr Pasco, WA

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

    One-acre commercial land near Broadmoor RV and Thunder Alley.

    Lot size:
    1.05 Acres

    Property Features for 9145 St Thomas Dr

    General Information

    Lot size
    1.05 Acres

    We can help!

    Listing Contact
    Vicki Monteagudo
    Vicki Monteagudo
    Source: Moodyscre

    Listing Agency: NAI Tri-Cities Commercial Listing Agent: Vicki Monteagudo

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

    Learn more

    Overview

    Commercial Vacant Land Opportunity

    This is a unique opportunity to own a 1-acre commercial vacant land. The property is located near Broadmoor RV and Thunder Alley motorcycle shop. The location offers excellent visibility and accessibility, potentially attracting foot and vehicle traffic. This lot may be suitable for developing a new retail space, office building, or other commercial venture.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    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
    Pasco
    County
    Franklin
    State
    Washington
    Longitude
    -119.1005657
    Latitude
    46.2395793

    Nearby Similar for Sale

    • $525,000
      2,780 SF

      Pasco Fourplex Investment Opportunity

      Fully rented fourplex in Pasco with flexible rental appeal.
      1713 N 10Th Ave, Pasco, WA 99301
      View Details
    • $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
      $499,000
      2,028 SF

      Remodeled Duplex in Pasco, WA

      Remodeled duplex with separate entrances, yards, and parking.
      407 W Shoshone St, Pasco, WA 99301
      View Details
    • $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
    • $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
    • $3,575,000
      13,440 SF

      Modern Office Space in Pasco

      Class A office space in a dynamic business hub.
      9425 Sandifur Pkwy, 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

    FAQs

    What type of property is this?
    Commercial land - One-acre commercial land near Broadmoor RV and Thunder Alley.
    Where is this commercial land located?
    The property is located at 9145 St Thomas Dr Pasco, WA.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - 1-acre commercial vacant land offers a blank canvas for development.; - Excellent visibility and accessibility attract foot and vehicle traffic.; - Located near Broadmoor RV and Thunder Alley motorcycle shop.
    (509) 947-0323 Call to check price and availability
    Request Owner's contact information
    9145 St Thomas Dr Pasco, WA
    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.
    9145 St Thomas Dr
    Pasco, WA
    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
    9145 St Thomas Dr Pasco, WA
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Vicki Monteagudo
    Vicki Monteagudo
    Real Estate License ID: 23952
    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!