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Financial
Distress signals
Property profile

905 S 2Nd Ave Walla Walla, WA 99362

FOR SALE
Grocery and convenience stores
Property ID
US90-1889816
32,695 SF 2.94 ac lot Built 1950
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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905 S 2Nd Ave, Walla Walla, WA 99362 For Sale
$2,795,000 32,695 SF
905 S 2Nd Ave, Walla Walla, WA 99362
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Property summary

AI-generated overview

This neighborhood shopping center comprises a mix of leased and vacant retail space, with a total area of approximately 31,461 SF. About 7,139 SF is currently under lease (split between two long-term tenants totaling approximately 5,104 SF and additional short-term leased space totaling approximately 2,035 SF). The remaining approximately 24,322 SF is vacant and already demised into three separate retail spaces, creating flexibility for potential owner-occupancy or new tenant use while…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$18k
Tax billed · 2021
Assessed value · 2023$1.48M
Assessed land$528k
Assessed improvement$954k
Effective rate1.20%

Value estimate

· Oct 2026
$720k
$648k – $792k
AI approach$610k
Submarket $/SF estimate$601k
NOI build-up
Gross scheduled income$706k
Vacancy & credit loss−$18k
Operating expenses−$206k
NOI · 17.23% cap applied$481k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$36/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$12 – $74

Cap rate analysis

How does the asset earn?
17.23%
$481k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWALLA WALLA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.5
Auto Parts Store11.8
Electrical Service11.6

Location

905 S 2Nd Ave Walla Walla, WA 99362
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2205 Isaacs, Walla Walla, WA 99362-2217 $75,000 May 2025 25,570 SF
38 Main, Walla Walla, WA 99362-1937 $95,724 May 2024 22,090 SF
1608 Poplar, Walla Walla, WA 99362-2894 $93,806 Jan 2024 31,878 SF
1630 Poplar, Walla Walla, WA 99362-2894 $93,806 Jan 2024 55,687 SF
2465 Old Milton, Walla Walla, WA 99362-7150 $91,103 Jun 2023 22,800 SF
1177 Abadie, Walla Walla, WA 99362-1601 $1,849,979 Apr 2023 22,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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