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Rio Vida Apartments LLC To be Built 909 N 3rd Ave 1 SF 100% Leased Retail Building Pasco, WA 99301 $2,700,000 ($2,700,000/SF)

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Investment Highlights

Convenient location
82 units, 990 SF, 2 bedrooms 2 bathrooms

Build to suit

Executive Summary

Prime investment , 3.39 acres can be divided into 3 lots, Zoned R-4 multi-family,24.12 units per Acre, total of 82 buildable units with 990 square feet per unit,2 bedrooms, 2 bathrooms, LAND ENTITLED SHOVEL READY, existing building to be removed by seller prior to closing.

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Build to Suit

Property Type

Retail

Building Size

1 SF

Building Class

Year Built

1965

Price

$2,700,000

Price Per SF

$2,700,000

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Lot Size

3.41 AC

Zoning

R-4 Multifamily - Multifamily for H2A Farm Workers Building permits available Land Entitled Shovel Ready 3.39 acres Can be divided into 3 lots Permit ready

Frontage

340’ on 3rd Ave

1 1

Aerial
Map
Traffic

909 N 3rd Ave, Pasco, WA - Aerial map view

Fairly walkable

50/100

Exceptionally drivable

90/100

Limited public transit

30/100

Fairly bikeable

50/100

Source: Local Logic^®

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.

1 mile

3 mile

5 mile

2025 Population

14,020

47,274

122,035

2030 Population

14,492

49,062

126,903

2025-2030 Projected Population Growth

3.4%

3.8%

4.0%

Median Age

30.4

31.2

32.9

College Degree + Higher

17%

Daytime Employees

5,838

24,813

37,383

Total Businesses

618

2,072

3,845

Average Household Income

$61,919

$78,210

$89,238

Median Household Income

$46,944

$59,509

$70,676

Total Consumer Spending

$107.7M

$435.4M

$1.3B

2025 Households

3,939

14,170

39,856

Average Home Value

$287,827

$325,630

$401,678

Property Taxes

Parcel Number	112-023-042	Improvements Assessment	$20,000
Land Assessment	$718,300	Total Assessment	$738,300

Property Taxes

Parcel Number

112-023-042

Land Assessment

$718,300

Improvements Assessment

$20,000

Total Assessment

$738,300

(509) 537-0506

Contact

Daryl Myers
HomeSmart Elite Brokers

Listing ID: 41145227
Date on Market: 7/2/2026
Last Updated:
Address: 909 N 3rd Ave, Pasco, WA 99301

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909 N 3rd Ave, Pasco, WA for sale Aerial- Image 1 of 4 — Primary Photo

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Rio Vida Apartments LLC To be Built | 909 N 3rd Ave

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