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    Land

    8637 Bob Olson Pkwy, Kennewick, WA 99338

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    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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