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    Property profile & analytics
    OFF-MARKET Estimated value $545,000
    Office buildings

    1530 Georgia Ave, Richland, WA 99352-4759

    3,860 SF 0.95 ac lot Built 2005
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US90-1700732
    Property summary
    AI-generated overview

    This exceptional industrial property in Richland, WA, presents a significant investment opportunity. The property encompasses a substantial 14,000 square feet of warehouse space situated on a 0.95-acre lot. The existing structure, totaling 4,000 square feet, is climate-controlled, offering immediate functionality for a variety of uses. A significant 10,000 square foot addition is currently under construction and will be delivered in a "gray shell" condition, providing flexibility for tenant build-out and customization to meet specific operational needs. The property features a key advantage with its fully paved and fenced yard, providing ample secure outdoor space for storage, equipment, or operations. The location in Richland offers convenient access to major transportation routes and a thriving business community. This property is priced at $2,500,000 and represents a rare chance to acquire a substantial industrial space with significant expansion potential in a desirable location. The combination of existing climate-controlled space and the future expansion makes this an ideal property for businesses seeking to grow and consolidate their operations. The paved and fenced yard adds further value, enhancing security and operational efficiency. This is a turnkey opportunity for immediate occupancy and future growth.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 2005
    Construction CONCRETE
    Total area 3,860 SF
    Lot 0.95 ac (41,304 SF)
    APN 130994000005001
    UPID US90-1700732
    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
    • Golden Contractor Services General Contractor
    • AJS HVAC & ELECTRICAL LLC HVAC Service General Contractor
    • R.L. Gibson Co. Electrical Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $350k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $587k
    Blend (final) Blend
    $545k
    Owner & transaction history
    D & R Property Rentals LLC · 9 yrs held
    D & R Property Rentals LLC
    since 2017
    3 recorded transactions
    2023
    2017
    $425,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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