7641 Hildebrand Rd Kennewick, WA 09338
This exceptional 19.3-acre commercial land parcel presents a unique investment opportunity in Kennewick, Washington's thriving South Ridge area. Located on the north side of Bob Olson Parkway, the property boasts a CC zoning designation, allowing for a diverse range of commercial and retail developments. Its strategic position offers easy access to Highway 395 and convenient connections to Richland and Steptoe. The site is surrounded by hundreds of existing residential lots, with over 500 additional lots currently in the platting process, ensuring a robust and expanding customer base. Further enhancing its appeal, the Kennewick School District has recently acquired land directly across the street for a new school, promising increased population density and community growth. This prime location makes it ideal for developers seeking to capitalize on the area's rapid expansion and strong residential growth. The asking price for this exceptional property is $10,000,000. This represents a significant opportunity to establish a thriving commercial venture in one of the Tri-Cities' most dynamic and desirable locations. Don't miss this chance to secure a prominent position in Kennewick's burgeoning South Ridge.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.