Mixed-Use Property with Warehouse
For Sale
$775,000
536 W Deschutes, Kennewick, WA 99336
Four separate buildings provide office, home, and warehouse/shop space within a fully fenced property.
Property Size6,750 SF
Price / SF$114.81
Days on Market97
Property Features for 536 W Deschutes
General Information
Standard status
Active
Size
6,750 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$3,962
Building Details
Building Size
6,750 SF
Year Built
1977
Listing Agency:
Kiemle& Hagood Company
Listed By:
Lance Bacon · License #25742
(509) 430-6547
Source:
Desertedgerealtygroup
Added: Jul 24
Changed: Oct 27
Last Checked: Oct 27 at 3:36AM
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 Kiemle& Hagood Company
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Investment Insights
Based on property information with market context.
The 1977-built property contains four separate buildings: a 1,600-square-foot office, a 1,400-square-foot home that could serve as office space, a 2,100-square-foot warehouse/shop building on Deschutes Ave, and a 1,600-square-foot warehouse/shop building at the northeast corner of the property. A covered parking area accommodates six vehicles, and the property is fully fenced.
Key Highlights
- Four separate buildings on the property
- 1,600‑square‑foot office and 1,400‑square‑foot home that could be used as office space
- Warehouse/shop buildings measure 2,100 square feet and 1,600 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,493
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,860
$1.1M
Cap Rate 7%
$778,471
$778.5K
Cap Rate 9%
$605,478
$605.5K
Market Conditions
NOI Build-Up for 6,750 SF
Gross rent
$94.8K $14.04/SF
− Vacancy
−$7.6K −$1.12/SF
EGI
$87.2K $12.92/SF
− OpEx
−$32.7K −$4.84/SF
NOI
$54.5K $8.07/SF
Area
Benton County, WA
Vacancy
8.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,860
Cap Rate 7%
$778,471
Cap Rate 9%
$605,478
Alternative Uses
Best Use
Mixed Use
$778.5K
$681.2K – $908.2K
NOI $54,493 @ 7.0% cap · market cap 7.03%
Second Best
Warehouse
$603.0K
$527.6K – $703.5K
NOI $42,208 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $131,054 @ 7.0% cap · market cap 16.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
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Business Placement
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four separate buildings provide office, home, and warehouse/shop space within a fully fenced property.
Where is this mixed-use property located?
The property is located at 536 W Deschutes Kennewick, WA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four separate buildings on the property; 1,600‑square‑foot office and 1,400‑square‑foot home that could be used as office space; Warehouse/shop buildings measure 2,100 square feet and 1,600 square feet
