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    8637 Bob Olson Pkwy Kennewick, WA 99338

    Sponsored
    For Sale
    $3,092,760

    Subdividable land, prime location, high growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 7.1-acre commercial land parcel presents a unique investment opportunity in Kennewick, Washington. Located at 8637 Bob Olson Pkwy, zip code 99338, this property is zoned Community Commercial, allowing for a variety of uses including retail and other commercial developments. The seller will consider subdividing the land into parcels ranging from 1 to 7.1 acres, providing flexibility for various development plans. Priced at $10 per square foot for a bulk purchase, this represents a compelling value in a high-growth area. The site boasts excellent visibility and accessibility, with easy access to Highway 395 and proximity to Richland and Steptoe. Its strategic location within the Southridge area of Kennewick is surrounded by hundreds of residential lots, further enhancing its potential. The recent purchase of an adjacent lot by the Kennewick School District for a new school underscores the area's continued development and growth. This property offers an unparalleled opportunity for developers seeking a prime location for their next project in a thriving community. The property's latitude and longitude coordinates are 46.190184, -119.239918. The Benton County location provides access to a strong local economy and infrastructure. This is a rare chance to acquire a substantial land holding in a rapidly expanding area.

    Property Features for 8637 Bob Olson Pkwy

    General Information

    Property type
    Land

    HighLights

    • 7.1‑acre commercial land parcel in Kennewick, WA (99338), located at 8637 Bob Olson Pkwy.
    • Community Commercial zoning allows for diverse commercial development, including retail.
    • Seller will consider subdividing into parcels from 1 to 7.1 acres.
    • Priced at $10/sqft (bulk purchase), offering strong value in a high‑growth area.
    • Excellent visibility and accessibility, near Highway 395, Richland, and Steptoe; surrounded by residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kennewick
    County
    Benton
    State
    Washington
    Longitude
    -119.239918
    Latitude
    46.190184

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    FAQs

    What type of property is this?
    Land - Subdividable land, prime location, high growth area.
    Where is this land located?
    The property is located at 8637 Bob Olson Pkwy Kennewick, WA.
    What is the asking price?
    The asking price for this property is $3,092,760.
    What are key features of this property?
    This property features: 7.1-acre commercial land parcel in Kennewick, WA (99338), located at 8637 Bob Olson Pkwy.; Community Commercial zoning allows for diverse commercial development, including retail.; Seller will consider subdividing into parcels from 1 to 7.1 acres.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8637 Bob Olson Pkwy Kennewick, WA 99338
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