SWC of Tapteal Drive and Center Parkway, Richland, WA

4.83 Acres      $640,000    SOLD

Marty Clouser, SVP of Kennedy Wilson's Real Estate Sales & Marketing Group was retained by ownership to market and sell two commercial parcels with a combined 4.83 acres in the SWC of Tapteal and Center Parkway in Richland, WA. Mr. Clouser utilized a "call for offers" format generating multiple offers.

> ±4.83 contiguous acres of flexible commercial zoned land with wide range of uses including office, retail, hotel/motel, medical, automotive, trucking, restaurant, industrial, warehouse, light manufacturing and schools;

> Recent correspondence indicates that rezoning, which would permit multi-family development (e.g. from C-3 to C-2), would be supported by the city’s planning department. Rezoning is subject to city approval of the purchaser’s application;

> Minutes to Columbia Center Mall (±37,639 Vehicles AADT on Columbia Center Dr at Tapteal Loop);

> Convenient access to State Route 240;

> Proposed Center Parkway extension would provide immediate access to W. Gage Blvd;

The purchaser intends to develop the property.