New search
Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Manufacturing properties
3334 Logston Blvd L, Richland, WA 99354-5304
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2493846
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
2022
Total area
16,200 SF
Lot
14.28 ac (622,041 SF)
APN
122082000012005
UPID
US90-2493846
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
-
Central Washington Corn Processors Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$875k
Blend (final)
Blend
$670k
Owner & transaction history
Central Washington Corn Proces · 6 yrs held
Central Washington Corn Proces
since 2020
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.1M
+151.6%
Industrial (general)
$840,000
+93.1%
Office building
$790,000
+81.7%
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
by Request
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FOOD PACKING, PACKING PLANT (FRUIT, VEGETABLE, MEAT, DAIRY)
$435,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,090,000
Change: +152% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$840,000
Change: +93% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: +82% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±10%
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
$41 / 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
$24,956,940
Assessed 2023
Previous assessed
$22,468,950
+11.1% YoY
Assessed land
$605,680
Assessed improvement
$24,351,260
Land market value
$605,680
Improvement market value
$24,351,260
Total market value
$24,956,940
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
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Status
Off-Market
Year built
2022
Heating
YES
Buildings
4
Stories
1
Total area
16,200 SF
Lot
14.28 ac (622,041 SF)
APN
122082000012005
UPID
US90-2493846
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
FOOD PACKING, PACKING PLANT (FRUIT, VEGETABLE, MEAT, DAIRY) Current
Est. value
$435,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$840,000
OFFICE BUILDING
Est. value
$790,000
FOOD PACKING, PACKING PLANT (FRUIT, VEGETABLE, MEAT, DAIRY) Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2022
Heating
YES
Stories
1
Buildings
4
Lot
14.28 ac
Current owner
From public records · entity-resolved
Central Washington Corn Proces
Individual
Mailing address
5207 E 3RD AVE, SPOKANE VALLEY, WA 99212-0752
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2020
—
Central Washington Corn Proces
—
Deed Of Trust
related
$3,300,000 · Farm Credit Svcs
May 9, 2017
—
Central Washington Corn Proces
—
Grant Deed
related
$4,999,000 · Northwest Busn Dev Assn
Jan 8, 2016
—
Central Washington Corn Proces
—
Grant Deed
related
$10,335,000 · Bank Of America
—
—
Wash Corn Processors I Central
—
Deed Of Trust
related
$3,528,647 · Panhandle State Bank
—
—
Central Washington Corn Proces
—
Deed Of Trust
related
$4,868,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3334 Logston Blvd, Unit L?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
