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    Property profile & analytics

    1601 George Washington Way Richland, WA 99354-2626

    • Retail space
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Dec 21, 2021
    Location Intelligence
    Property ID
    US90-0046579
    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

    • Walgreens Photo / Photo Lab / Photo Shop
    • FedEx OnSite / Mailing Service
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
    • Walgreens / Cosmetics Store / Greeting Card Shop
    • Walgreens Pharmacy / Pharmacy

    Property Details for 1601 George Washington Way

    Lot size
    0.59 lot acres
    Property type
    Retail space
    APN
    102982020733008
    APU
    102982020733008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $495,000
      6.5%
      $515,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $555,000
      Retail
      $535,000
      Mixed-Use
      $410,000
      Hospitality
      $425,000
      Educational
      $550,000
      Residential Income
      $455,000
      Energy
      $435,000
      Income-Based Land
      $525,000
      Food Service
      $480,000

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Benton
    State
    Washington
    Longitude
    -119.275
    Latitude
    46.2948
    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
    $0.00
    $549,770
    $57,370
    $607,140
    -
    $549,770
    $57,370
    $607,140

    Comparable in this City

    • Value Estimation by Request
      13.00 Acres

      1745 George Washington Way

      RETAIL STORES (PERSONAL SERVICES) • 13.00 Acres
      1745 George Washington Way, Richland, WA 99354-2392
      View Details
    • Value Estimation by Request
      493 SF

      903 Curie Sta27

      RETAIL STORES (PERSONAL SERVICES) • 493 SF
      903 Curie Sta27, Richland, WA 99354-5510
      View Details
    • Value Estimation by Request
      939 SF

      903 Curie Stb69

      RETAIL STORES (PERSONAL SERVICES) • 939 SF
      903 Curie Stb69, Richland, WA 99354-5510
      View Details
    • Value Estimation by Request
      811 SF

      903 Curie Stb60

      RETAIL STORES (PERSONAL SERVICES) • 811 SF
      903 Curie Stb60, Richland, WA 99354-5510
      View Details
    • Value Estimation by Request
      549 SF

      903 Curie Sta11

      RETAIL STORES (PERSONAL SERVICES) • 549 SF
      903 Curie Sta11, Richland, WA 99354-5510
      View Details
    • Value Estimation by Request
      603 SF

      903 Curie Sta24

      RETAIL STORES (PERSONAL SERVICES) • 603 SF
      903 Curie Sta24, Richland, WA 99354-5510
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.88 Acres

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      Richland Retail Opportunity

      Retail property available for sale in Richland, Washington.
      1753 George Washington Way, Richland, WA 99354
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      0.61 Acres

      Retail Opportunity in Richland, WA

      Retail property for sale in Richland, Washington.
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      Richland Retail Opportunity

      Retail property for sale in Richland, Washington.
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      0.47 Acres

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    Similar Nearby for Lease

    • $20 SF/Yr
      840 SF

      Retail Space on Jadwin Avenue

      End cap retail space available on signaled corner.
      1301 Jadwin Ave, Richland, WA 99354
      View Details
    • $5,500 /Mo
      4,500 SF

      Versatile Space in Richland, WA

      Move-in ready space suitable for retail, gym, or office.
      1412-1422 Jadwin Ave, Richland, WA 99354
      View Details
    • Contact for pricing
      1,728 SF

      Richland Retail Space Available

      Retail space available for lease in Richland, Washington.
      1717-1803 George Washington Way, Richland, WA 99354
      View Details
    • $6,550 /Mo
      5,200 SF

      New Industrial Warehouse Suite Available

      Industrial warehouse suite for lease with fenced yard space.
      2511 Stevens Dr, Richland, WA 99354
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    • $12 SF/Yr
      53,760 SF

      Richland Flex Space: Prime Location

      New 53,760 SF Flex Space Available
      2509 Logan St, Richland, WA 99354
      View Details
    • $1,700 /Mo
      816 SF

      Small Office Space in Richland

      816 SF office space with lab build-out available for rent.
      217 Torbett St, Richland, WA 99354
      View Details
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    1601 George Washington Way
    Richland, WA 99354-2626
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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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