Office Suite with Private
For Sale
Contact for pricing
1933/1955 Jadwin Avenue Unit 415, Richland, WA 99354
Second-floor workspace combines a reception area with two private offices and updated carpet.
Property Size22,342 SF
Price / SF$0.05
Days on Market91
Property Features for 1933/1955 Jadwin Avenue Unit 415
General Information
Standard status
Active
Size
22,342 SF
Elevators
No
Property subtype
Office
Additional Details
Floor
2
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$18,523
Amenities
HLAN fiber network
new common area finishes
monument signage
available storage options in building's basement
Building Details
Building Size
22,342 SF
Year Built
1976
Listing Agency:
Crown Property Management
Listed By:
Harlan Huston · License #114530
(509) 851-2743
Source:
Desertedgerealtygroup
Added: Jul 30
Changed: Oct 27
Last Checked: Oct 27 at 3:57AM
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
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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.
Suite 415 is a second-floor office space measuring approximately 704 +/- sf, with a reception area and two private offices. Recent interior work includes new carpet, while shared building areas have also received updated finishes.
Access to the suite is by stairs. The building offers HLAN fiber, monument signage, parking, and basement storage options. Built in 1976, the property is located at 1933/1955 Jadwin Avenue in Richland.
Access to the suite is by stairs. The building offers HLAN fiber, monument signage, parking, and basement storage options. Built in 1976, the property is located at 1933/1955 Jadwin Avenue in Richland.
Key Highlights
- 704 +/- sf second‑floor office suite
- Reception area and two private offices
- Updated carpet in the suite and refreshed common‑area finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$342,951
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,859,020
$6.9M
Cap Rate 7%
$4,899,300
$4.9M
Cap Rate 9%
$3,810,567
$3.8M
Market Conditions
NOI Build-Up for 22,342 SF
Gross rent
$490.6K $21.96/SF
− Vacancy
−$33.4K −$1.49/SF
EGI
$457.3K $20.47/SF
− OpEx
−$114.3K −$5.12/SF
NOI
$343.0K $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%
$6,859,020
Cap Rate 7%
$4,899,300
Cap Rate 9%
$3,810,567
Alternative Uses
Best Use
Office B
$4.90M
$4.29M – $5.72M
NOI $342,951 @ 7.0% cap · market cap 33,426.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.20M
$5.42M – $7.23M
NOI $433,779 @ 7.0% cap · market cap 42,278.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor workspace combines a reception area with two private offices and updated carpet.
Where is this office unit located?
The property is located at 1933/1955 Jadwin Avenue Unit 415 Richland, WA.
What are key features of this property?
This property features: 704 +/- sf second‑floor office suite; Reception area and two private offices; Updated carpet in the suite and refreshed common‑area finishes
