2211 Court StPasco, WA 99301

  • Office properties
  • 6,855 SF
For Lease
$17/SF/YR View listing

Property Details for 2211 Court St

Year built
1978
Lot size
0.45 AC
Property size (Sq ft)
6,855 SF
Property type
Office properties
Property subtype
Other office properties
APN
119322680
APU
119322680

Description

This exceptional commercial property at 2211 W. Court St, Pasco, WA, offers 6,812 square feet of versatile space, ideal for various office uses, including traditional, executive, and medical practices. The single-story, 1978-built building underwent renovations in 2002 and sits on a 0.44-acre lot (19,166 sq ft). Seven suites are available within this multi-tenant building, with one currently available at 1,355 sq ft. The property boasts excellent visibility and accessibility, situated on Court Street, just off Highway 395, experiencing high daily traffic counts exceeding 17,500 vehicles on Court Street and over 50,000 on Highway 395. Benefit from prominent signage opportunities on the building's façade and monument, maximizing exposure to a large customer base. The property is conveniently located near major corporations such as AutoZone, Taco Bell, McDonald's, and Numerica Credit Union. Access to suites is available from both the front and rear common area parking lots. Tenants are responsible for electricity, phone, and internet

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,396,822
    6.5%
    $1,289,374
    7%
    $1,197,276
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,461,554
    Geo Method
    $1,461,554
  • Alternative Use

    Use
    Valuation
    Residential
    $1,598,824
    Hospitality
    $1,464,514
    Educational
    $1,218,458
    Medical
    $1,260,363
    Retail
    $1,895,380
2211 Court St, Pasco, Washington

Location Insight

City
Pasco
County
Franklin
State
Washington
Latitude
46.242
Longitude
-119.121
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
$7,480
$471,600
$501,100
$972,700
-
$471,600
$501,100
$972,700

FAQs

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