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Two-Story Medical Office Building
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829 Goethals Dr, Richland, WA 99352

Commercial Sale, Richland, WA

Property Size3,423 SF
Lot Size0.74 Acres
Price / SF$0.01
Days on Market330

Property Features for 829 Goethals Dr

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMCL GENERAL
Parking 21
Directions From George Washington Way, turn west onto Swift Blvd. Then turn left onto Goethals Dr. Property is on the right, just past the hospital.
Standard status Active
APN 111983020638014
Lot size 0.74 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14627

Building Details

Year built 1944
Listing Agency: NAI Tri-Cities Commercial
Listed By: Vicki Monteagudo
Added: Nov 25, 2025 Changed: Oct 12 Last Checked: Oct 21 at 10:06AM
MLS# 293867

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.

Built in 1944, this two-story professional building contains approx. 3,423 +/- SF on a 0.74-acre site. The interior configuration includes private offices, exam rooms, reception space, and a layout that may support multi-tenant occupancy. The property is suited to medical, dental, or general office use, with upgrades currently underway.

Exterior work includes a refreshed facade and a newly resurfaced asphalt parking lot. Positioned across from Kadlec Regional Medical Center, the building is located within Richland’s core medical and office district and is zoned COMMCL GENERAL.

Key Highlights

  • Approx. 3,423 +/- SF two‑story professional building
  • 0.74‑acre site with newly resurfaced asphalt parking lot
  • Across from Kadlec Regional Medical Center

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,804
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,080 $1.0M
Cap Rate 7%
$725,771 $725.8K
Cap Rate 9%
$564,489 $564.5K
Market Conditions
NOI Build-Up for 3,423 SF
Gross rent
$90.4K $26.40/SF
− Vacancy
−$5.7K −$1.66/SF
EGI
$84.7K $24.74/SF
− OpEx
−$33.9K −$9.89/SF
NOI
$50.8K $14.84/SF
Area
Benton County, WA
Vacancy
6.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,080
Cap Rate 7%
$725,771
Cap Rate 9%
$564,489

Alternative Uses

Best Use
Office B
$750.6K
$656.8K – $875.7K (±1% cap)
NOI $52,543 @ 7.0% cap · market cap 291,905.56%
Second Best
Healthcare Medical
$725.8K
$635.1K – $846.7K (±1% cap)
NOI $50,804 @ 7.0% cap · market cap 282,244.44%
Theoretical Best
Office A
$949.4K
$830.7K – $1.11M (±1% cap)
NOI $66,459 @ 7.0% cap · market cap 369,216.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Tri-Cities Community Health Community Health Centre TCCH Richland - Medical Community Health Centre Sonia Afshariyamchlou Physician Stephanie Wheeler Pediatrician Saul Valencia Pediatrician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Furniture & Home Goods Auto Repair Shop

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

2,149
Businesses Nearby
Under-served
Demand for This Use

Demographics for 99352, WA

35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • Horse Sense Vet — 943 Stevens Dr, Richland, WA 99352

Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible professional layout with private offices, exam rooms, reception, and potential for multi-tenant occupancy.
Where is this medical office space located?
The property is located at 829 Goethals Dr Richland, WA.
What are key features of this property?
This property features: Approx. 3,423 +/- SF two‑story professional building; 0.74‑acre site with newly resurfaced asphalt parking lot; Across from Kadlec Regional Medical Center
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