Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    320 N 20Th Ave Pasco, WA 99301

    • Office properties & Spaces
    • 2,080 SF
    • 0.38 lot acres
    For Sale
    View listing
    $17
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-0100177
    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.

    Current Use by Public Records

    • Glowing Smiles / Dental Office
    • Homes By Jessica LLC (HBJ LLC) / General Contractor
    • White Shield Inc / Engineering Consultant / Engineer
    • Acquisition Business Consultants Inc. / Building Supply / Industrial Manufacturer

    Property Details for 320 N 20Th Ave

    Year built
    1980
    Lot size
    0.38 lot acres
    Property size
    2,080 SF
    Property type
    Office properties & Spaces
    APN
    119452245
    APU
    119452245

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasco
    County
    Franklin
    State
    Washington
    Longitude
    -119.118
    Latitude
    46.2321
    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
    2021
    $3,717
    $276,100
    $211,400
    $487,500
    -
    $276,100
    $211,400
    $487,500

    Comparable in this City

    • Value Estimation
      $1,010,000
      3,600 SF

      1948 4th Ave

      OFFICE (GENERAL) • 3,600 SF
      1948 4th Ave, Pasco, WA 99301-3729
      View Details
    • Value Estimation
      $1,230,000
      3,960 SF

      1510 Commercial Ave

      OFFICE (GENERAL) • 3,960 SF
      1510 Commercial Ave, Pasco, WA 99301-7041
      View Details
    • Value Estimation
      $3,800,000
      15,414 SF

      3918 Ct St

      OFFICE (GENERAL) • 15,414 SF
      3918 Ct St, Pasco, WA 99301-2775
      View Details
    • Value Estimation
      $3,370,000
      10,988 SF

      2100 Frontier Loop

      OFFICE (GENERAL) • 10,988 SF
      2100 Frontier Loop, Pasco, WA 99301-5978
      View Details
    • Value Estimation
      $2,010,000
      7,200 SF

      1802 James St

      OFFICE (GENERAL) • 7,200 SF
      1802 James St, Pasco, WA 99301-4273
      View Details
    • Value Estimation
      $3,020,000
      9,408 SF

      1925 James St

      OFFICE (GENERAL) • 9,408 SF
      1925 James St, Pasco, WA 99301-5933
      View Details

    Similar Nearby for Sale

    • $1,125,000
      0.92 Acres

      Pasco Office For Sale

      Commercial office property available for purchase in Pasco, Washington.
      1620 Road 44 N, Pasco, WA 99301
      View Details
    • Contact for pricing
      2.20 Acres

      Pasco Office Opportunity

      Office property for sale in Pasco, Washington.
      6825 Burden Blvd, Pasco, WA 99301
      View Details
    • Contact for pricing
      0.38 Acres

      Pasco Office For Sale

      Commercial office property available in Pasco, Washington.
      320 N 20Th Ave, Pasco, WA 99301
      View Details
    • Contact for pricing
      0.45 Acres

      Pasco Office For Sale

      Office property available for purchase in Pasco, Washington.
      2211 W Court St, Pasco, WA 99301
      View Details
    • Contact for pricing
      0.75 Acres

      Pasco Office For Sale

      Office property available for sale in Pasco, Washington.
      9521 Sandifur Pkwy, Pasco, WA 99301
      View Details
    • $4,200,000
      0.81 Acres

      Pasco Office For Sale

      Office property available for purchase in Pasco, Washington.
      9425 Sandifur Pkwy, Pasco, WA 99301
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      5,806 SF

      Prime Pasco Executive Office Space

      1,600 SF Office, Excellent Location
      1320 4Th Ave, Pasco, WA 99301
      View Details
    • $1.35 SF/Yr
      1,500 SF

      Flex Space in Columbia East

      New flex space with shop, warehouse, and office areas.
      2201 N Commercial Ave, Pasco, WA 99301
      View Details
    • $26 SF/Yr
      1,512 SF

      Versatile Plaza on 20th Avenue

      Office, retail, or medical space with tenant improvement options.
      2911-2925 N 20Th Ave, Pasco, WA 99301
      View Details
    • $9 SF/Yr
      5,000 SF

      Light Industrial Warehouse with Office

      Clear-span warehouse with upgraded office space available for lease.
      836 S 3Rd Ave, Pasco, WA 99301
      View Details
    • $15 SF/Yr
      1,600 SF

      Pasco Office/Retail Space For Rent

      Multi-tenant building with high visibility, accessibility, and ample parking.
      1320 N 4Th Ave, Pasco, WA 99301
      View Details
    • $7,385 /Mo

      Office and Warehouse with Lay-Yard

      Office, warehouse, and lay-yard facility designed for industrial uses.
      1342 Saint Helens St, Pasco, WA 99301
      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.
    320 N 20Th Ave
    Pasco, WA 99301
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!