4905 Road 68Pasco, WA 99301

Property Details for 4905 Road 68

Year built

2003

Lot size

5.56 AC

Property size (Sq ft)

578 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

116160053

APU

116160053

Description

This exceptional retail opportunity presents 1,003 square feet of vacant space within a thriving Yoke's Fresh Market shopping center in Pasco, Washington. Located at 4905 N Rd 68, this property boasts a highly visible location within a bustling retail environment. The building, constructed in 2003, offers a total of 55,420 square feet across two stories, and sits on a generous 5.56-acre lot. The property's APN is 116160053, and it's situated in Franklin County. The space is ideal for a variety of retail uses, particularly benefiting from the high foot traffic generated by the anchor tenant. Previously occupied by a credit union branch, the space includes a drive-thru, a significant advantage for convenient customer access. This is a rare chance to establish a business in a well-established and high-traffic retail center. The property's multi-tenant configuration provides a diverse and vibrant atmosphere, attracting a wide range of customers. The building's excellent condition and strategic location make this an attractive investment opportunity for businesses seeking a prime retail space in a growing market. The available space offers a unique chance to capitalize on the established customer base and high visibility of the Yoke's Fresh Market location. Don't miss this chance to secure a prominent retail presence in Pasco, WA.

• CAP approach

  CAP return

  Valuation

  6%

  $173,133

  6.5%

  $159,815

  7%

  $148,399

• Comparable approach

  Method

  Valuation

  Relative Method

  $310,553

  Geo Method

  $310,553

• Alternative Use

  Use

  Valuation

  Residential

  $134,810

  Hospitality

  $123,485

  Educational

  $102,738

  Medical

  $106,271

  Retail

  $159,815

Location Insight

City

Pasco

County

Franklin

State

Washington

Latitude

46.2719

Longitude

-119.183

CBSA code

28420

CBSA name

KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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