Heavy Industrial Warehouse
1440 Battelle Blvd, Richland, WA 99354
For Sale
Contact for pricing
M-2-zoned campus combines warehouse, office, loading, and secured outdoor storage.
Property Size48,500 SF
Lot Size6.00 Acres
Price / SF$222.68
Days on Market52
Property Features for 1440 Battelle Blvd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Sprinkler System
Conditioned Warehouse
Amenities
conference rooms
kitchen
furnished reception
secure entry
Building Details
Buildings
Listing Agency:
Crown Property Management LLC
(509) 735-0415
Listed By:
Harley Huston · License #Washington 114530
(509) 851-2743
Source:
Moodyscre
Added: Sep 18
Changed: Oct 25
Last Checked: Nov 8 at 7:42AM
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 Crown Property Management LLC
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Investment Insights
Based on property information with market context.
This 6-acre heavy industrial campus includes a 32,500-square-foot main warehouse, 10,000-square-foot corporate office, 6,000-square-foot secondary warehouse, and 10,000-square-foot fenced laydown yard. The main warehouse provides 18–24-foot eave heights, five 16-foot electric grade-level doors, three dock-high loading doors, ESFR sprinklers, heating and cooling, secured entry points, and drive-around truck circulation. The secondary warehouse adds 16-foot eave heights, three 14-foot automatic grade-level doors, and climate control.
The corporate office contains 22 private offices, 12 workstations, two conference rooms, two full kitchens, and separate men’s and women’s restrooms. An additional 387-square-foot warehouse office includes two private offices, a restroom, kitchenette, and direct warehouse access. Individual warehouse areas and office sections can be separated for multiple users.
Located in North Richland near Stevens Drive, Horn Rapids Road, SR-240, I-82/I-182, the DOE/Hanford Site, and PNNL, the property is zoned M-2 Heavy Manufacturing.
The corporate office contains 22 private offices, 12 workstations, two conference rooms, two full kitchens, and separate men’s and women’s restrooms. An additional 387-square-foot warehouse office includes two private offices, a restroom, kitchenette, and direct warehouse access. Individual warehouse areas and office sections can be separated for multiple users.
Located in North Richland near Stevens Drive, Horn Rapids Road, SR-240, I-82/I-182, the DOE/Hanford Site, and PNNL, the property is zoned M-2 Heavy Manufacturing.
Key Highlights
- 6‑acre heavy industrial campus in North Richland
- 32,500‑square‑foot main warehouse with 18–24‑foot eave heights
- Five 16‑foot electric grade‑level doors and three dock‑high loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$303,276
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,065,520
$6.1M
Cap Rate 7%
$4,332,514
$4.3M
Cap Rate 9%
$3,369,733
$3.4M
Market Conditions
NOI Build-Up for 48,500 SF
Gross rent
$389.9K $8.04/SF
− Vacancy
−$33.1K −$0.68/SF
EGI
$356.8K $7.36/SF
− OpEx
−$53.5K −$1.10/SF
NOI
$303.3K $6.25/SF
Area
Benton County, WA
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,065,520
Cap Rate 7%
$4,332,514
Cap Rate 9%
$3,369,733
Alternative Uses
Best Use
Warehouse
$4.33M
$3.79M – $5.05M
NOI $303,276 @ 7.0% cap · market cap 2.81%
Second Best
Industrial
$4.07M
$3.56M – $4.75M
NOI $284,773 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$13.45M
$11.77M – $15.69M
NOI $941,648 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 99354, WA
24,839
Population
10,807
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,039
Density / Sq Mi
$88,601
Median Household Income
$50,192
Median Earnings
$1,299
Median Rent
$355,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Richland, WA
Properties on Market for Warehouses in Richland
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Lineage — 2800 Polar Way, Richland, WA 99354
- Stevens Drive Storage & Containers — 1030 Battelle Blvd #102, Richland, WA 99354
Frequently Asked Questions
What type of property is this?
Warehouse - M-2-zoned campus combines warehouse, office, loading, and secured outdoor storage.
Where is this warehouse located?
The property is located at 1440 Battelle Blvd Richland, WA.
What is the asking price?
The asking price for this property is $10,800,000.
What are key features of this property?
This property features: 6‑acre heavy industrial campus in North Richland; 32,500‑square‑foot main warehouse with 18–24‑foot eave heights; Five 16‑foot electric grade‑level doors and three dock‑high loading doors
