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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Office buildings
400 Bradley Blvd Richland, WA 99352-6028
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1340020
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2006
Construction
WOOD
Total area
15,931 SF
Lot
0.99 ac (43,124 SF)
APN
114981BP4009001
UPID
US90-1340020
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
-
Shawnna Burke MA, LMFT, PLLC Mental Health Service Counselor
-
Katy Izaguirre PLLC Counselor
-
U.S. Cellular Mobile Phone Store Electronics & Wireless Store
-
UScellular Business Office Corporate Office
-
PBS Engineering and Environmental Engineer Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$2.76M
Owner & transaction history
River Walk Village Invs LLC · 19 yrs held
River Walk Village Invs LLC
since 2007
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+10.8%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,575,000
Current use
RESTAURANT
$3,955,000
Change: +11% · Conversion: Moderate
RETAIL STORES
$2,910,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±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
$173 / 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
$3,190,750
Assessed 2023
Previous assessed
$3,167,960
+0.7% YoY
Assessed land
$478,610
Assessed improvement
$2,712,140
Land market value
$478,610
Improvement market value
$2,712,140
Total market value
$3,190,750
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
2006
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
3
Total area
15,931 SF
Lot
0.99 ac (43,124 SF)
APN
114981BP4009001
UPID
US90-1340020
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
OFFICE BUILDING Current
Est. value
$3.6M
RESTAURANT
Est. value
$4.0M
RETAIL STORES
Est. value
$2.9M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
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
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Lot
0.99 ac
Current owner
From public records · entity-resolved
River Walk Village Invs LLC
Entity
Mailing address
12906 N ADDISON ST, SPOKANE, WA 99218-8204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2007
—
River Walk Village Invs LLC
River Walk Village LLC
Quit Claim Deed
related
—
Jun 29, 2006
—
River Walk Village Invs LLC
—
Trustees Deed
related
$2,500,000 · Columbia River Bank
—
—
River Walk Village Invs LLC
—
Deed Of Trust
related
$5,000,000 · Seattle Metropolitan Cu
—
—
River Walk Village Invs LLC
—
Deed Of Trust
related
$1,500,000 · 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.
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