Financial
Distress signals
Property profile

1605 SE Meadowbrook Blvd College Place, WA 99324

FOR LEASE
Retail space
Property ID
US90-2024049
14,620 SF 2.07 ac lot Built 2005
Last sale Dec 2009
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1605 SE Meadowbrook Blvd, College Place, WA 99324 For Lease
Contact for pricing 1,280 SF available
1605 SE Meadowbrook Blvd, College Place, WA 99324
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Property summary

AI-generated overview

A 1,280-square-foot retail suite is located in a shopping center positioned adjacent to the main entrance of a Walmart Supercenter and along Highway 11, within walking distance of Walla Walla University and next to College Place High School. The suite previously operated as a Papa Murphy’s Pizza location and includes a 9-foot by 18-foot walk-in cooler/freezer, food preparation and cleaning utilities such as a three-compartment prep sink, a separate single-compartment sink, a stainless steel…

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 · 2021

What does the county charge?
$18k
Tax billed · 2021
Assessed value · 2023$1.41M
Assessed land$451k
Assessed improvement$955k
Effective rate1.31%

Value estimate

· Sep 2026
$715k
$644k – $787k
AI approach$485k
Submarket $/SF estimate$563k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$718
Operating expenses−$8k
NOI · 661.40% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$41/SF
County average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$13 – $79

Cap rate analysis

How does the asset earn?
661.40%
$19k 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.

JurisdictionWALLA WALLA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.3
Building Supply19.7
Law Firm19.5

Location

1605 SE Meadowbrook Blvd College Place, WA 99324
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
960 Wallula, College Place, WA 99324 $94,113 Feb 2024 1,040 SF
3134 Heritage, College Place, WA 99324 $1,118,464 May 2021 25,637 SF
900 College, College Place, WA 99324 $104,706 Nov 2020 2,400 SF
550 Whitman, College Place, WA 99324-2121 $78,442 Feb 2020 67,819 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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