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For Sale: 13.55 Acres of Commercial Land | Richland, WA

2701 & 2725 North Steptoe Street, Richland, WA 99352

PROPERTY SIZE

590,238 SF

Property highlights

The Lockehouse Investment Sales Team is pleased to exclusively offer 13.55± acres of commercial land in Richland, Washington. The property zoned C-1 Neighborhood Retail Business is located at the signalized intersection of two main thoroughfares, North Steptoe Street & Center Parkway. The property sits at the entrance to a nearly-completed, 325-home development and brand new elementary school. With 51,266 residents in a 3-mile radius and a dearth of retail in the immediate area, this is a highly desirable location and development opportunity.

  • Address: 2701 & 2725 North Steptoe Street, Richland, WA
  • APNs: 101881030000008, 101881030000009
  • Total Land Area: 13.55± acres / 590,238 sqft
  • Zoning: (C-1) Neighborhood Retail Business
  • Highway Access: HWY 240 (1.92 miles) and HWY 82 (1.82 miles)
Price: $6,769,000 Parcel A: 3.12 Acres | $1,631,000 | $12 / sqft

Frontage: ~530 ft along Center Parkway & ~96 ft along North Steptoe

Parcel B: 2.5 Acres | $1,307,000 | $12 / sqft

Frontage: ~370 ft along Center Parkway

Parcel C: 2.5 Acres | $1,525,000 | $14 / sqft

Frontage: ~240 ft along Center Parkway & ~635 ft along North Steptoe

Parcel D: 5.43 Acres | $2,306,000 | $9.75 / sqft

Frontage: ~555 ft along North Steptoe

HIGHLIGHTS

  • Site sits at the entrance into the new, 325-home, Hayden Home development, and ½ mile away from brand new Amon Creek Elementary School
  • Centered amongst over 20,000 homes in established communities
  • Strong demographics - 3-mile population: 51,266; 3-mile AHI: $103,018
  • Transportation credits are available to purchase from seller at a reduced rate

Broker

Kirk DeClark

VICE PRESIDENT OF INVESTMENT SALES

(650) 548-2664

kirk@lockehouse.com

Rachel Kram

VICE PRESIDENT OF INVESTMENT SALES

(650) 445-4490

rkram@lockehouse.com

David Kram

MANANGING DIRECTOR OF INVESTMENT SALES

(650) 445-4490

dkram@lockehouse.com

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