2713 20Th AvePasco, WA 99301

  • Office properties
  • 11,680 SF
For Sale

Property Details for 2713 20Th Ave

Year built
2022
Lot size
1.51 AC
Property size (Sq ft)
11,680 SF
Property type
Office properties
Property subtype
Other office properties
APN
113300160
APU
113300160

Description

This exceptional commercial property, located at 2713 N 20th Ave, Ste 114, Pasco, WA, presents a unique investment opportunity. Situated on a generous 1.51-acre lot, this office building offers significant potential for growth and expansion. The property's address places it in a desirable area of Pasco, providing convenient access to major transportation routes and local amenities. While the exact square footage is currently unavailable, the substantial lot size suggests ample space for the existing building and potential future development. The asking price for this property is $24 million, representing a compelling value proposition in the current market. This is an ideal opportunity for businesses seeking a prominent location with room to grow or investors looking for a strong return on investment. The property's MLS number is 281268. Interested parties should contact the appropriate channels for viewing arrangements and further details. This property is offered as-is. The information provided is believed to be accurate but is not guaranteed and should be independently verified. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,379,997
    6.5%
    $2,196,920
    7%
    $2,039,998
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,490,293
    Geo Method
    $2,490,293
  • Alternative Use

    Use
    Valuation
    Residential
    $2,724,181
    Hospitality
    $2,495,335
    Educational
    $2,076,090
    Medical
    $2,147,490
    Retail
    $3,229,473
2713 20Th Ave, Pasco, Washington

Location Insight

City
Pasco
County
Franklin
State
Washington
Latitude
46.2526
Longitude
-119.116
CBSA code
28420
CBSA name
KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$4,414
$617,600
$2,109,500
$2,727,100
-
$617,600
$2,109,500
$2,727,100

FAQs

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