5101 Clearwater AveKennewick, WA 99336

  • Retail properties
  • 5,710 SF
For Lease
$17/SF/YR View listing

Property Details for 5101 Clearwater Ave

Year built
2006
Construction
CONCRETE
Lot size
0.54 AC
Property size (Sq ft)
5,710 SF
Property type
Retail properties
Property subtype
Retail space
APN
104891012786002
APU
104891012786002

Description

This exceptional Kennewick office property, located at 5101 W Clearwater Ave (near N Edison St), offers 5,710 square feet of fully vacant Class B space, divisible to a minimum of 2,700 square feet. Situated on a 0.54-acre lot, this multi-tenant building boasts ample parking and excellent visibility on a busy corridor with over 27,000 average daily vehicles. The property features a double-sided sign on Clearwater Avenue and a large reader board, ensuring high visibility for your business. The interior comprises two levels, including professional offices, a welcoming reception area, a conference room, break rooms on both floors, copier rooms, and ADA-compliant restrooms. Its convenient location provides easy access to Highway 240, allowing quick travel to the Tri-Cities area within a 10-minute radius. The property is zoned for Commercial Office use (APN: 104891012786002) and is also available for purchase. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes in a thriving commercial area. The rectangular lot provides ample parking for tenants and visitors.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,710,358
    6.5%
    $1,578,792
    7%
    $1,466,021
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,067,921
    Geo Method
    $3,067,921
  • Alternative Use

    Use
    Valuation
    Residential
    $1,331,770
    Hospitality
    $1,219,894
    Educational
    $1,014,938
    Medical
    $1,049,843
    Retail
    $1,578,792
5101 Clearwater Ave, Kennewick, Washington
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Location Insight

City
Kennewick
County
Benton
State
Washington
Latitude
46.2119
Longitude
-119.19
CBSA code
28420
CBSA name
KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN 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
0
-
$264,710
$1,082,190
$1,346,900
-
$264,710
$1,082,190
$1,346,900

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