1605 Bombing Range Rd West Richland, WA 99353
Property profile & analytics
1605 Bombing Range Rd West Richland, WA 99353
- Retail space
- 6,294 SF
- 1.22 lot acres
Property ID
US90-2621215
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 1605 Bombing Range Rd
- Year built
- 2023
- Construction
- CONCRETE
- Lot size
- 1.22 lot acres
- Property size
- 6,294 SF
- Property type
- Retail space
- APN
- 106984020237002
- APU
- 106984020237002
Description
This exceptional investment opportunity presents a portfolio of two brand-new, Class A buildings totaling 12,588 square feet situated on a 1.22-acre lot in West Richland, Washington. The property, located at 1605 Bombing Range Rd, boasts a prime location at a high-traffic corner, adjacent to established businesses like Gesa, Swigg Coffee, and Yokes Fresh Market. Currently 100% occupied by six credit-rated tenants under absolute NNN leases, this stabilized investment offers a compelling 4.85% cap rate with a net operating income (NOI) of $319,761. The property features a mix of office and retail spaces, with each building consisting of one story. Built in 2023, the property includes 12,000 square feet of net rentable space, priced at $524 per square foot. The asking price is $6,592,550. An additional 1,835 square feet of vanilla shell space is available for lease takeover, presenting an added value proposition. The property is zoned for commercial use and benefits from built-in annual lease escalations. This is a rare opportunity to acquire a high-performing, multi-tenant restaurant portfolio in a thriving West Richland location. The property's strong tenant base, prime location, and attractive design make it an ideal investment for discerning buyers seeking stable income and long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,770,000
- ML approach
- $5,680,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $4,080,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Richland
- County
- Benton
- State
- Washington
- Longitude
- -119.349
- Latitude
- 46.2865
- 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
$484,020
$2,042,100
$2,526,120
-
$484,020
$2,042,100
$2,526,120
