4771 Van Giesen St West Richland, WA 99353
- Sports & entertainment properties
- 3,950 SF
- 1.42 lot acres
Current Use by Public Records
- Sports & entertainment properties
Property Details for 4771 Van Giesen St
- Year built
- 2015
- Construction
- METAL FRAME
- Lot size
- 1.42 lot acres
- Property size
- 3,950 SF
- Property type
- Sports & entertainment properties
- APN
- 106981013645001
- APU
- 106981013645001
Description
This exceptional 5,400-square-foot flex building, constructed in 2015, presents a unique investment opportunity in West Richland, WA. Situated on a 1.42-acre lot at 4771 Van Giesen St, near Bombing Range Rd and Flattop Park, this Class B property boasts a prime location with convenient access. The single-tenant building features a 3,950-square-foot clear-span main floor with high ceilings and four roll-up doors, ideal for various uses. A 1,450-square-foot finished mezzanine provides additional space, complemented by two ADA-compliant restrooms, an office, and a kitchenette. The property includes 75 parking spaces and is fully landscaped. The CG zoning allows for diverse uses, including brewery, roasting, retail, and wholesale operations. The building is currently vacant. $100,000 in tenant improvements are available with a lease executed by December 1st, 2023. The property's strategic location at the base of Flattop Hill offers excellent visibility and potential for synergy with the surrounding community and hiking trails. The blacktopped lot provides ample space for various business needs. The building's design and features make it suitable for a wide range of businesses seeking a functional and attractive space. The property's APN is 106981013645001.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,605,000
- 6.5%
- $1,585,000
- 7%
- $1,465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,265,000
- Geo Method
- $1,485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,270,000
- Retail
- $1,505,000
- Mixed-Use
- $1,305,000
- Hospitality
- $1,240,000
- Educational
- $1,570,000
- Residential Income
- $1,425,000
- Energy
- $1,455,000
- Income-Based Land
- $1,335,000
- Food Service
- $1,225,000
Location Insight
- Map
- Local Demand
- City
- West Richland
- County
- Benton
- State
- Washington
- Longitude
- -119.35
- Latitude
- 46.2999
- CBSA code
- 28420
- CBSA name
- KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA
