Flex Space with
For Sale
Contact for pricing
5418 W Hood, Kennewick, WA
Commercial Sale, Kennewick, WA
Property Size2,500 SF
Lot Size1.13 Acres
Price / SF$0.01
Days on Market211
Property Features for 5418 W Hood
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMCL RETAIL
Directions
Clearwater to Edison to Hood
Standard status
Active
APN
133993BP5511002
Lot size
1.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
744
Building Details
Year built
2023
Listing Agency:
RE/MAX, The Collective
(509) 972-7459
Listed By:
Timothy Bush Jr
(509) 947-7905
Added: Mar 27
Changed: Oct 21
Last Checked: Oct 23 at 6:06AM
MLS# 291674
Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,500-square-foot flex space was built in 2023 and is currently configured for baseball training. The interior includes full turf, baseball netting, an ADA-compliant restroom, and heating supported by a large fan. Two man doors provide everyday access, while a 14-foot-high garage door adds operational flexibility and brings natural light and fresh air into the building.
The property occupies 1.13 acres and is zoned COMMCL RETAIL. Its position just off Edison provides a commercial setting for the existing sports-oriented configuration, while the open flex format can accommodate other business uses subject to applicable requirements.
The property occupies 1.13 acres and is zoned COMMCL RETAIL. Its position just off Edison provides a commercial setting for the existing sports-oriented configuration, while the open flex format can accommodate other business uses subject to applicable requirements.
Key Highlights
- 2,500 SF flex space built in 2023
- 1.13‑acre property zoned COMMCL RETAIL
- Full turf and baseball netting installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,679
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,580
$293.6K
Cap Rate 7%
$209,700
$209.7K
Cap Rate 9%
$163,100
$163.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$22.5K $9.00/SF
− Vacancy
−$1.5K −$0.61/SF
EGI
$21.0K $8.39/SF
− OpEx
−$6.3K −$2.52/SF
NOI
$14.7K $5.87/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,580
Cap Rate 7%
$209,700
Cap Rate 9%
$163,100
Alternative Uses
Best Use
Flex RnD
$283.1K
$247.8K – $330.3K
NOI $19,820 @ 7.0% cap · market cap 110,111.11%
Second Best
Industrial
$209.7K
$183.5K – $244.7K
NOI $14,679 @ 7.0% cap · market cap 81,550.00%
Theoretical Best
Office A
$693.4K
$606.7K – $809.0K
NOI $48,539 @ 7.0% cap · market cap 269,661.11%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Tsunami Catering — 5215 W Clearwater Ave #102, Kennewick, WA 99336
Frequently Asked Questions
What type of property is this?
Flex space - Recently built commercial space configured for baseball training, with adaptable interiors and dedicated access features.
Where is this flex space located?
The property is located at 5418 W Hood Kennewick, WA.
What are key features of this property?
This property features: 2,500 SF flex space built in 2023; 1.13‑acre property zoned COMMCL RETAIL; Full turf and baseball netting installed
