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    Property profile & analytics

    704 1St Ave Ritzville, WA 99169

    • Auto shops
    • 1,500 SF
    • 0.79 lot acres
    For Sale
    View listing
    $500,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-1983152
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ritzville Swap Meet / Art Supply Store

    Property Details for 704 1St Ave

    Year built
    1947
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.79 lot acres
    Property size
    1,500 SF
    Property type
    Auto shops
    APN
    1-935-23-056-4801
    APU
    1935230564801

    Description

    This expansive commercial property, located at 704 W 1st Avenue in Ritzville, Washington, presents a significant investment opportunity. Situated on five contiguous lots, this substantial building offers considerable versatility and high potential for a variety of commercial uses. Currently configured and utilized as a contracting base and swap meet venue, the property's adaptability allows for a wide range of future applications. Its strategic location next to a grocery store ensures high visibility and convenient access for customers and employees. The building's size (exact square footage not provided) provides ample space for expansion or subdivision, catering to diverse business needs. The five-lot configuration offers significant potential for future development or expansion of existing operations. This property is priced at $500,000 and represents a rare chance to acquire a substantial commercial asset in a thriving community. Further details regarding the building's specifications and layout are available upon request. Serious inquiries only. This is a unique opportunity to acquire a substantial commercial property in a prime location. Don't miss out on this exceptional investment prospect.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ritzville
    County
    Adams
    State
    Washington
    Longitude
    -118.383
    Latitude
    47.1222
    CBSA code
    36830
    CBSA name
    OTHELLO, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,476
    $46,200
    $72,300
    $118,500
    -
    $46,200
    $72,300
    $118,500

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      6 Jefferson St

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    • Value Estimation
      $190,000
      5,600 SF

      503 Main Ave

      AUTO REPAIR, GARAGE • 5,600 SF
      503 Main Ave, Ritzville, WA 99169-1339
      View Details
    • Value Estimation
      $100,000
      3,073 SF

      309 1st Ave

      AUTO REPAIR, GARAGE • 3,073 SF
      309 1st Ave, Ritzville, WA 99169-2318
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    • Value Estimation by Request
      1,156 SF

      101 Division St

      AUTO REPAIR, GARAGE • 1,156 SF
      101 Division St, Ritzville, WA 99169-2304
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    • Value Estimation by Request
      3,304 SF

      109 Jefferson St

      AUTO REPAIR, GARAGE • 3,304 SF
      109 Jefferson St, Ritzville, WA 99169-2325
      View Details
    • Value Estimation
      $200,000
      4,400 SF

      1278 Freese Rd

      AUTO REPAIR, GARAGE • 4,400 SF
      1278 Freese Rd, Ritzville, WA 99169-9602
      View Details

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    Ritzville, WA 99169
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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
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