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Property profile & analytics
OFF-MARKET
Estimated value
$3,790,000
Office buildings
1060 Jadwin Ave Richland, WA 99352-3504
Entity Owned
8-yr Hold
Free & Clear
Property ID
US90-1754953
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2005
Construction
STEEL FRAME
Total area
23,650 SF
Lot
1.07 ac (46,810 SF)
Zoning code
32
APN
111981BP2232005
UPID
US90-1754953
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
AmeriFuel Fuel Supplier
-
Dow Law Firm Law Firm
-
Burns & McDonnell Engineering Consultant
-
Keller Associates, Inc. Engineering Consultant
-
Christensen, Inc. Corporate Office Fuel Supplier Industrial Gas Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$3.79M
Owner & transaction history
Shs LLC · 8 yrs held
Shs LLC
since 2017
4 recorded transactions
Zoning & alternative use
32 · Richland, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+10.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,305,000
Current use
RESTAURANT
$5,875,000
Change: +11% · Conversion: Moderate
RETAIL STORES
$4,325,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$3.79M
Range $3.41M – $4.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$160 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$4,274,360
Assessed 2023
Previous assessed
$4,254,750
+0.5% YoY
Assessed land
$411,870
Assessed improvement
$3,862,490
Land market value
$411,870
Improvement market value
$3,862,490
Total market value
$4,274,360
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
3
Total area
23,650 SF
Lot
1.07 ac (46,810 SF)
Zoning code
32
APN
111981BP2232005
UPID
US90-1754953
Jurisdiction
BENTON
Zoning & alternative use
32 · Richland, WA
Zoning 32 · permitted uses
32 · Richland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.3M
RESTAURANT
Est. value
$5.9M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
3
Lot
1.07 ac
Current owner
From public records · entity-resolved
Shs LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1060 JADWIN AVE, RICHLAND, WA 99352-3504
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2017
$1,583,426
Shs LLC
Jadwin Investments LLC
Grant Deed
—
Apr 28, 2017
$4,450,000
Gary B Christensen
Abrams Jerry D & K C E Trust
Warranty Deed
—
Mar 8, 2013
—
Jerry D Abrams
Trp LLC
Quit Claim Deed
related
—
—
—
Abrams,jerry D Trust
—
Deed Of Trust
related
$3,127,778 · Community First Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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