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Property profile & analytics
FOR LEASE
Office Spaces
2407 N Commercial Ave Pasco, WA 99301
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1086175
For Lease
$2,200/Mo
2407 N Commercial Ave, Pasco, WA 99301
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2001
Total area
4,616 SF
Lot
1.09 ac (47,480 SF)
APN
113400285
UPID
US90-1086175
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
-
Double L Agricultural Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kevin Harrington · 1 yrs held
Kevin Harrington
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$6,140
Tax year 2021
Assessed value
$1,004,900
Assessed 2023
Previous assessed
$1,004,900
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$172,400
Assessed improvement
$832,500
Land market value
$172,400
Improvement market value
$832,500
Total market value
$1,004,900
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 Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
2001
Heating
SPACE
Buildings
5
Stories
1
Total area
4,616 SF
Lot
1.09 ac (47,480 SF)
APN
113400285
UPID
US90-1086175
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Heating
SPACE
Stories
1
Buildings
5
Lot
1.09 ac
Current owner
From public records · entity-resolved
Kevin Harrington
Individual
Mailing address
100407 E KASE BLVD, KENNEWICK, WA 99338-7525
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2025
—
Kevin Harrington
Harrington Living Trust
Deed
related
—
Jun 27, 2024
—
Cellco Partnership
Harrington Ventures Commercial Ave
Lease
—
Jan 25, 2024
—
Harrington Ventures Commercial Ave
Kevin Harrington
Warranty Deed
—
Dec 20, 2023
—
Kevin Harrington
Harrington Living Trust
Warranty Deed
—
Nov 14, 2023
—
Department Of Natural Resources
Harrington Living Trust
Lease
—
Apr 15, 2010
—
Harrington Living Trust
Harrington,edmund A & Joycelin
Quit Claim Deed
related
—
—
—
Edmund A Harrington
—
Deed Of Trust
related
$218,321 · Community First Bank
—
—
Edmund A Harrington
—
Deed Of Trust
related
$145,000 · Bank Of The West
—
—
Edmund A Harrington
—
Deed Of Trust
related
$164,515 · Columbia River 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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