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515 Neel St Ste B101 Kennewick, WA 99336-2258

OFF-MARKET Office buildings Google Maps
Individually Owned Free & Clear
Estimated value (blended)
$210k
Range $189k – $231k (±10%)
Property ID US90-2926775

Property summary

AI-generated overview

This exceptional 1,100 square foot commercial suite is available for lease in Kennewick, WA. Located at 515 N Neel St Bldg B, this property boasts a prime location offering high visibility and convenient access to both Highway 395 and WA-240, ensuring significant foot and vehicle traffic. The 1.87-acre lot provides ample space and parking. The interior of the suite is designed for versatility, making it suitable for a range of businesses. The layout includes a dedicated reception area, a spacious open office area perfect for collaborative work or flexible configurations, and a conveniently located ADA-compliant bathroom. The annual lease rate is $18 per square foot. This property presents a unique opportunity for businesses seeking a high-traffic location with excellent accessibility and a functional, adaptable space. The combination of visibility, convenient highway access, and a well-designed interior makes this an ideal location for establishing or expanding a business in the thriving Kennewick market. Don't miss this chance to secure a prominent commercial space in a desirable area.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
APN 30PM68700000000
UPID US90-2926775

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Law Firm
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Nursing Home Retirement Community
  • Association / Organization

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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