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Investment Highlights
- Entitled multifamily development site with reported shovel-ready status.
- Zoned R-4 multifamily residential with reported development capacity of approximately 82 units.
- Positioned within the Tri-Cities market, serving a regional population base across Pasco, Kennewick, and Richland.
- Approximately 3.39 acres with the ability to be divided into three lots according to marketing materials.
- Located within Pasco city limits near established residential and commercial uses.
- Seller marketing materials indicate the existing structure will be removed prior to closing.
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
| Price | $2,700,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 3.39 AC |
| Property Type | Land | ||
| Zoning | R-4 - Multifamily for H2A Farm Workers Building permits available Land Entitled Shovel Ready 3.39 acres Can be divided into 3 lots Permit ready | ||
| Price | $2,700,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 3.39 AC |
| Zoning | R-4 - Multifamily for H2A Farm Workers Building permits available Land Entitled Shovel Ready 3.39 acres Can be divided into 3 lots Permit ready |
1 Lot Available
Lot
| Price | $2,700,000 | Lot Size | 3.39 AC |
| Price Per AC | $796,460.18 |
| Price | $2,700,000 |
| Price Per AC | $796,460.18 |
| Lot Size | 3.39 AC |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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
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909 N 3rd Ave



