Financial
Distress signals
Property profile

507 Knight St Richland, WA 99352

FOR LEASE
Office buildings
Property ID
US90-1705756
7,280 SF 0.23 ac lot Built 1944
Last sale Jul 2024 · $1,600,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

507 Knight Street is a shared office building configured to provide multiple private offices of approximately 90 to 238 square feet, with suites that include a staffed reception desk, a waiting area, and high-speed internet service. The building includes shared amenities such as a kitchen/lounge and a meeting room, and it also has additional basement space totaling 1,000+/- square feet. The property is located on Richland Parkway just off George Washington Way, near the Columbia River, within a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$1.02M
Assessed land$91k
Assessed improvement$926k

Value estimate

· Sep 2026
$1.60M
$1.44M – $1.75M
CAP approach$1.84M
Submarket $/SF estimate$1.35M
NOI build-up
Gross scheduled income$202k
Vacancy & credit loss−$14k
Operating expenses−$47k
NOI · 9,404.47% cap applied$141k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$152 – $312
Qualifying comparables4

Cap rate analysis

How does the asset earn?
9,404.47%
$141k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBENTON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop13.8
Building Supply12.5
Auto Parts Store12.4

Location

507 Knight St Richland, WA 99352
County assessor Recorded deeds · 11 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
660 Swift, Richland, WA 99352-3560 $2,385,000 Jan 2026 7,114 SF
723 The, Richland, WA 99352-4259 $2,250,000 Dec 2025 7,600 SF
299 Bradley, Richland, WA 99352-4691 $2,020,000 Dec 2024 7,116 SF
323 Wellsian, Richland, WA 99352-4116 $1,175,000 Nov 2023 6,560 SF
1177 Jadwin, Richland, WA 99352-3401 $596,910 Feb 2023 6,453 SF
816 Dallas, Richland, WA 99352 $14,348,525 Dec 2022 8,420 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message