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Industrial Manufacturing Facility
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8111 Keene Road Unit West, West Richland, WA 99353

Temperature-controlled space and specialized production infrastructure support manufacturing, processing, storage, and distribution operations.

Property Size9,642 SF
Lot Size12.00 Acres
Price / SF$0.94
Days on Market36

Property Features for 8111 Keene Road Unit West

General Information

Standard status Active
Size 9,642 SF
Lot size 12.00 Acres
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $66,328

Building Details

Building Size 9,642 SF
Year Built 2007
Listing Agency: SVN Retter & Company
Listed By: Rob Ellsworth · License ##17790
Source: Desertedgerealtygroup
Added: Sep 23 Changed: Oct 26 Last Checked: Oct 26 at 3:16PM

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.

The 9,642-square-foot industrial facility was built in 2007 with infrastructure for wine production and processing, including the capacity to accommodate tanks indoors or outdoors. Its temperature-controlled areas, high ceilings, six overhead doors, dock-high loading access, and electrical service also support general manufacturing, warehousing, and distribution functions. The property is situated on approximately 12 acres, with roughly 7.5 acres remaining undeveloped.

Located on Keene Road in West Richland, Washington, the site combines an existing industrial building with additional land. The undeveloped acreage can support uses such as outdoor storage, yard space, or building expansion, as well as other development, subject to applicable requirements.

Key Highlights

  • 9,642‑square‑foot industrial building constructed in 2007
  • Approximately 12 acres, including roughly 7.5 acres of undeveloped land
  • Six overhead doors and dock‑high loading access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,614
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,280 $1.1M
Cap Rate 7%
$808,771 $808.8K
Cap Rate 9%
$629,044 $629.0K
Market Conditions
NOI Build-Up for 9,642 SF
Gross rent
$86.8K $9.00/SF
− Vacancy
−$5.9K −$0.61/SF
EGI
$80.9K $8.39/SF
− OpEx
−$24.3K −$2.52/SF
NOI
$56.6K $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%
$1,132,280
Cap Rate 7%
$808,771
Cap Rate 9%
$629,044

Alternative Uses

Best Use
Warehouse
$861.3K
$753.7K – $1.00M (±1% cap)
NOI $60,292 @ 7.0% cap · market cap 668.35%
Second Best
Industrial
$808.8K
$707.7K – $943.6K (±1% cap)
NOI $56,614 @ 7.0% cap · market cap 627.58%
Theoretical Best
Office A
$2.67M
$2.34M – $3.12M (±1% cap)
NOI $187,204 @ 7.0% cap · market cap 2,075.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 99353, WA

17,934
Population
6,592
Households
2.7
Avg Household Size
37
Median Age
40%
College-Educated
93%
High-School Grad
25.8 sq mi
ZIP Area
695
Density / Sq Mi
$120,396
Median Household Income
$59,812
Median Earnings
$1,534
Median Rent
$407,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Temperature-controlled space and specialized production infrastructure support manufacturing, processing, storage, and distribution operations.
Where is this manufacturing property located?
The property is located at 8111 Keene Road Unit West West Richland, WA.
What are key features of this property?
This property features: 9,642‑square‑foot industrial building constructed in 2007; Approximately 12 acres, including roughly 7.5 acres of undeveloped land; Six overhead doors and dock‑high loading access
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Includes: Price & PSF · Cap rate · Location · Zoning

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