Property profile

8637 Bob Olson Pkwy Kennewick, WA 99338

OFF-MARKET
Land
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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

Location

8637 Bob Olson Pkwy Kennewick, WA 99338
Kennewick metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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