Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    300 Torbett St Richland, WA 99354-2604
    Back to Search
    Property profile & analytics

    300 Torbett St Richland, WA 99354-2604

    View on Map
    • Retail space
    Off-Market
    Property ID
    US90-2807398
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Richland Family Chiropractic / Alternative Medicine Practice
    • Michael S. Anglesey, DC / Alternative Medicine Practice
    • Check On Healthy Healing / Gym & Fitness Center / Alternative Medicine Practice
    • Michael Scott Anglesey / Alternative Medicine Practice
    • Atina's Healing Touch / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 300 Torbett St

    Property type
    Retail space
    APN
    30PT38100000000
    APU
    30PT38100000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Benton
    State
    Washington
    Longitude
    -119.277
    Latitude
    46.2924
    CBSA code
    28420
    CBSA name
    KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA

    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
      20,530 SF

      Remodeled Flex Space in Richland

      Newly remodeled 20,530 SF building near Hanford companies.
      3170 George Washington Way, Richland, WA 99354
      View Details
    • Contact for pricing
      4,597 SF

      Uptown Mall Retail Investment

      Fully leased retail property in Richland's Uptown Mall.
      1356 Jadwin Ave, Richland, WA 99354
      View Details
    • Contact for pricing
      3,075 SF

      Retail Investment Opportunity For Sale

      Net leased retail investment opportunity on signaled corner.
      1301 Jadwin Ave, Richland, WA 99354
      View Details
    • Contact for pricing
      7,700 SF

      New Retail/Office Space Available

      Shell space in Horn Rapids Business Park, design your suite.
      2385 Robertson Dr, Richland, WA 99354
      View Details
    • Contact for pricing
      0.61 Acres

      Retail Opportunity in Richland, WA

      Retail property for sale in Richland, Washington.
      2385 Robertson Dr, Richland, WA 99354
      View Details
    • Contact for pricing
      0.86 Acres

      Retail Opportunity in Richland, WA

      Retail property available for sale in Richland, Washington.
      950 George Washington Way, Richland, WA 99354
      View Details

    Similar Nearby for Lease

    • $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

      End Cap with Drive-Thru

      End cap unit with drive-thru window available for rent.
      1301 Jadwin Ave, Richland, WA 99354
      View Details
    • Contact for pricing

      High-Visibility Commercial Property For Rent

      Commercial property suitable for retail or office use with ample parking.
      325 Torbett St, Richland, WA 99354
      View Details
    • Contact for pricing
      21,370 SF

      Richland Retail Space Available

      Retail space available for lease in Richland, Washington.
      1717-1803 George Washington Way, Richland, WA 99354
      View Details
    • Contact for pricing

      Safeway-Anchored Retail Opportunity

      Retail spaces available in high-traffic shopping center.
      1801 George Washington Way, Richland, WA 99354
      View Details
    • $12 SF/Yr
      20,000 SF

      New Richland Warehouse with Dock

      New warehouse with flexible layout, dock access, and sprinklers.
      2746 Battelle Blvd, Richland, WA 99354
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Torbett St
    Richland, WA 99354-2604
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    300 Torbett St, Richland, WA, 99354
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!