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Property profile & analytics
OFF-MARKET
Estimated value
$4,855,000
Office buildings
2455 Battelle Blvd Richland, WA 99354-5326
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-2011493
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2013
Construction
CONCRETE
Total area
20,000 SF
Lot
8.83 ac (384,635 SF)
Zoning code
57
APN
122082000008001
UPID
US90-2011493
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.76M
CAP Approach
CAP
$5.04M
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$4.86M
Owner & transaction history
Lamb Weston INC · 2 yrs held
Lamb Weston INC
since 2023
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
57 · Richland, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.2M
+40.4%
Restaurant
$5.0M
+12.4%
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 Richland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richland 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
Method
Estimation
Statistic approach
$4,085,000
ML approach
$4,760,000
CAP Approach
CAP Return
Estimation
6%
$5,460,000
6.5%
$5,040,000
7%
$4,680,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,420,000
Current use
COMMERCIAL (GENERAL)
$6,205,000
Change: +40% · Conversion: Easy
RESTAURANT
$4,970,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$4.86M
Range $4.37M – $5.34M · ±10% · vs last sale $4.81M (Oct 30 2023)
Last sale anchor
$4.81M
Oct 30 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$243 / SF
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
Property tax & assessments
Assessed value
$1,640,240
Assessed 2023
Previous assessed
$1,613,040
+1.7% YoY
Assessed land
$415,680
Assessed improvement
$1,224,560
Land market value
$415,680
Improvement market value
$1,224,560
Total market value
$1,640,240
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 buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2013
Construction
CONCRETE
Heating
YES
Stories
1
Total area
20,000 SF
Lot
8.83 ac (384,635 SF)
Zoning code
57
APN
122082000008001
UPID
US90-2011493
Jurisdiction
BENTON
Zoning & alternative use
57 · Richland, WA
Zoning 57 · permitted uses
57 · Richland, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.4M
COMMERCIAL (GENERAL)
Est. value
$6.2M
RESTAURANT
Est. value
$5.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Construction
CONCRETE
Heating
YES
Stories
1
Lot
8.83 ac
Current owner
From public records · entity-resolved
Lamb Weston INC
Entity
Free & Clear · 2 yrs held
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2023
$4,810,500
Lamb Weston INC
286833 LLC
Bargain And Sale Deed
—
Oct 30, 2023
—
286833 LLC
The Grantor 286833 LLC
Intrafamily Transfer
related
—
Dec 22, 2011
—
286833 LLC
Rapid Span USA INC
Quit Claim Deed
related
—
Jun 22, 2011
—
City Ofe Richland
Richland Triangle LP
Quit Claim Deed
related
—
Apr 27, 2011
—
City Of Richland
Richland Triangle LP
Quit Claim Deed
related
—
Apr 11, 2011
—
Rapid-span USA INC
City Of Richland
Warranty Deed
—
—
—
286833 LLC
—
Deed Of Trust
related
—
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.
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