Pasco, WA
Commercial Real Estate Market Trends & Data

$350 Avg asking sale price
$942 Avg asking lease rate
25,253 SF Avg unit lease size
13,980 SF Avg building size for sale
8.23% Average cap rate

Pasco's Demographic Profile

Pasco has 24,371 households and a median income of $81,326, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 79,796
# Households 24,371
Median age 32
Median household income $81,326
Avg household size 3.0
Renter-occupied housing units 8,222
5-year population change +8%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Pasco, WA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Pasco $314 12,557 SF 8.25%
Richland $194 12,382 SF 8.25%
Kennewick $226 11,949 SF 8.25%
Hermiston $412 8,740 SF 8.81%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Pasco $339 24,138 SF 7.00%
Richland $173 4,763 SF 6.22%
Nearby Retail Markets Avg Cost/SF Typical Size
Pasco $200 11,150 SF
Burbank $183 13,228 SF
Richland $252 20,003 SF
Othello $113 4,884 SF
College Place $1,326 792 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Pasco $206 7,154 SF 6.92%
College Place $179 5,564 SF 7.39%
Umatilla $268 4,600 SF 5.28%
Moses Lake $180 9,197 SF 6.45%

Commercial Properties For Sale in Pasco

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

909 N 3rd Ave

Pasco, WA 99301

  • 3.39 AC Lot
  • 1 Commercial Lot
  • $2,700,000
For Sale

Rio Vida Apartments LLC To be Built

Pasco, WA 99301

  • 774 SF Retail Building
  • $2,700,000
For Sale

3021 E George St

Pasco, WA 99301

  • 12.60 AC Lot
  • 1 Commercial Lot
  • $4,665,276
For Sale

NKA Columbia Park Trail

Richland, WA 99352

  • 4.61 AC Lot
  • 1 Commercial Lot
  • $4,217,044
For Sale

Fluor - FedEx Bldg

Pasco, WA 99301

  • 103,700 SF Industrial Building
  • 5.70% Cap Rate
  • $13,200,000
For Sale

3807 W Court St

Pasco, WA 99301

  • 7,174 SF Office Building
  • 5.70% Cap Rate
  • $1,799,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Pasco pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Pasco $350 13,980 SF
Connell $155 1,774 SF
Burbank $183 13,228 SF
Finley $210 267,105 SF
Richland $215 11,906 SF

Regional Demographic Comparison

This comparison places Pasco alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Pasco or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Pasco 79,796 24,371 32 $81,326 3 8,222 8%
Burbank 3,231 1,104 42 $93,091 3 198 -2%
Finley 6,611 2,231 41 $76,015 3 382 6%
Richland 62,775 25,188 39 $91,964 3 9,078 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Pasco, WA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Pasco

View All Commercial Real Estate For Sale in Pasco
Is Pasco a good market for a first-time commercial real estate investor?

Pasco offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Pasco?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Pasco. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Pasco?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Pasco. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Pasco compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Pasco. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Pasco acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Pasco, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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