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Office Suite with Private Entrance
For Sale
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1491 Tapteal Unit C, Richland, WA 99352

Occupies a building with two other legal firms and includes access to shared restrooms.

Property Size250 SF
Price / SF$3.80
Days on Market289

Property Features for 1491 Tapteal Unit C

General Information

Standard status Active
Size 250 SF
Property subtype Office

Additional Details

Highway Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $9,536

Building Details

Building Size 250 SF
Year Built 1999
Tenancy Single
Listing Agency: SVN Retter & Company
Listed By: Rob Ellsworth · License ##17790
Source: Desertedgerealtygroup
Added: Jan 12 Changed: Oct 27 Last Checked: Oct 27 at 3:17AM

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 SVN Retter & Company

Rey
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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 is configured for a single tenant within a building that also houses two legal firms. Access includes a common entry, shared restrooms, and a separate entrance directly into the suite. The building was constructed in 1999.

Key Highlights

  • Private entrance directly into the suite
  • Single‑tenant office configuration
  • Shares a building with two legal firms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$3,838
Suggested Prices Based on Cap Rates
Cap Rate 5%
$76,760 $76.8K
Cap Rate 7%
$54,829 $54.8K
Cap Rate 9%
$42,644 $42.6K
Market Conditions
NOI Build-Up for 250 SF
Gross rent
$5.5K $21.96/SF
− Vacancy
−$373 −$1.49/SF
EGI
$5.1K $20.47/SF
− OpEx
−$1.3K −$5.12/SF
NOI
$3.8K $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%
$76,760
Cap Rate 7%
$54,829
Cap Rate 9%
$42,644

Alternative Uses

Best Use
Office B
$54.8K
$48.0K – $64.0K (±1% cap)
NOI $3,838 @ 7.0% cap · market cap 404.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$69.3K
$60.7K – $80.9K (±1% cap)
NOI $4,854 @ 7.0% cap · market cap 510.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Randy L. Jameson ... Law Firm Tri-Cities Attorneys Consultant Armstrong & Jameson, P.S. Law Firm

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith HVAC Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,331
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Occupies a building with two other legal firms and includes access to shared restrooms.
Where is this office unit located?
The property is located at 1491 Tapteal Unit C Richland, WA.
What are key features of this property?
This property features: Private entrance directly into the suite; Single‑tenant office configuration; Shares a building with two legal firms
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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