Office Suite with Elevator
For Sale
Contact for pricing
301-a-400 Columbia Point Dr, Richland, WA 99352
Third-floor office space includes dedicated covered parking and access to on-site parking.
Property Size3,004 SF
Price / SF$0.01
Days on Market536
Property Features for 301-a-400 Columbia Point Dr
General Information
Standard status
Active
Size
3,004 SF
Total Parking Spaces
1
Elevators
Yes
Zoning
Office
Additional Details
Floor
3
Property Use
Office
Taxes and HOA fees
Annual Taxes
$12,000
Listing Agency:
Coldwell Banker Tomlinson
(509) 783-4147
Listed By:
Travis Davis · License #10810
(509) 786-9456
Source:
Exprealty
Added: May 8, 2025
Changed: Oct 23
Last Checked: Oct 24 at 5:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Tomlinson
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite occupies the southerly portion of the third floor at 400 Columbia Point Drive, Suite 301-A, in Richland. The finished space measures approximately 3,004 square feet within a professional office building equipped with an elevator. Commercial Office zoning is specified for the property.
Parking includes one dedicated covered space, with 31–40 spaces available on site. George Washington Way provides access to the building.
Parking includes one dedicated covered space, with 31–40 spaces available on site. George Washington Way provides access to the building.
Key Highlights
- Approximately 3,004 square feet of finished office space
- Third‑floor suite on the southerly portion of the building
- Professional office building with elevator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,112
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,240
$922.2K
Cap Rate 7%
$658,743
$658.7K
Cap Rate 9%
$512,356
$512.4K
Market Conditions
NOI Build-Up for 3,004 SF
Gross rent
$66.0K $21.96/SF
− Vacancy
−$4.5K −$1.49/SF
EGI
$61.5K $20.47/SF
− OpEx
−$15.4K −$5.12/SF
NOI
$46.1K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,240
Cap Rate 7%
$658,743
Cap Rate 9%
$512,356
Alternative Uses
Best Use
Office B
$658.7K
$576.4K – $768.5K
NOI $46,112 @ 7.0% cap · market cap 192,133.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.2K
$729.1K – $972.1K
NOI $58,324 @ 7.0% cap · market cap 243,016.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
Demographics for 99352, WA
35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Third-floor office space includes dedicated covered parking and access to on-site parking.
Where is this office unit located?
The property is located at 301-a-400 Columbia Point Dr Richland, WA.
What are key features of this property?
This property features: Approximately 3,004 square feet of finished office space; Third‑floor suite on the southerly portion of the building; Professional office building with elevator
