Office Suite with Conference
For Sale
Contact for pricing
1933/1955 Jadwin Avenue Unit 470, Richland, WA 99354
The layout combines reception, multiple offices, meeting rooms, and a kitchenette.
Property Size22,342 SF
Price / SF$0.14
Days on Market128
Property Features for 1933/1955 Jadwin Avenue Unit 470
General Information
Standard status
Active
Size
22,342 SF
Elevators
No
Property subtype
Office
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$18,556
Amenities
HLAN fiber network
monument signage
basement storage
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: Jun 23
Changed: Oct 26
Last Checked: Oct 26 at 1:50PM
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 Crown Property Management
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.
Suite 230 offers approximately 3,092 SF with a reception and waiting area, multiple offices, conference rooms, and a kitchenette/break room. Access is by stairs only. The building, constructed in 1976, has refreshed common areas, a basement with storage options, and monument signage.
Building features include an HLAN fiber network and excess parking. The property is at 1933/1955 Jadwin Avenue in Richland, Washington.
Building features include an HLAN fiber network and excess parking. The property is at 1933/1955 Jadwin Avenue in Richland, Washington.
Key Highlights
- 3,092 +/- sf suite with reception and waiting area
- Multiple offices, conference rooms, and a kitchenette/break room
- Suite access is by stairs only
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 10,974.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.20M
$5.42M – $7.23M
NOI $433,779 @ 7.0% cap · market cap 13,880.93%
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
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 - The layout combines reception, multiple offices, meeting rooms, and a kitchenette.
Where is this office unit located?
The property is located at 1933/1955 Jadwin Avenue Unit 470 Richland, WA.
What are key features of this property?
This property features: 3,092 +/- sf suite with reception and waiting area; Multiple offices, conference rooms, and a kitchenette/break room; Suite access is by stairs only
