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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Office buildings
101 3rd St, Yakima, WA 98901-2827
Entity Owned
Free & Clear
Property ID
US90-1127460
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,594 SF
Lot
0.31 ac (13,504 SF)
Zoning code
CBD
APN
191319-24447
UPID
US90-1127460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lin-Paul's Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.62M
Owner & transaction history
Makana Properties LLC
Makana Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
CBD · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,215
Tax year 2024
Assessed value
$1,062,800
Assessed 2024
Previous assessed
$1,090,200
-2.5% YoY
Effective rate
0.87%
On assessed value
Assessed land
$112,000
Assessed improvement
$950,800
Land market value
$112,000
Improvement market value
$950,800
Total market value
$1,062,800
Applied tax rate
331.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
17,594 SF
Lot
0.31 ac (13,504 SF)
Zoning code
CBD
APN
191319-24447
UPID
US90-1127460
Jurisdiction
YAKIMA
Zoning & alternative use
CBD · Yakima, WA
Zoning CBD · permitted uses
CBD · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yakima. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Makana Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 1135, TACOMA, WA 98401-1135
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Makana Properties LLC
Ackerman Properties LLC
Deed
related
—
Jan 31, 2025
$366,000
Greater Yakima Chamber Of Commerce
Joe Mann
Deed
—
Oct 30, 2024
—
Ackerman Properties LLC
—
Deed
related
$1,037,500 · Solarity Cu
Jun 10, 2022
—
Ackerman Properties LLC
—
Deed
related
$577,483 · Cashmere Valley Bank
Aug 17, 2021
$365,000
Joe Mann
Linda J Berg
Bargain & Sale Deed
$315,000 · Virginia Napolitano
Feb 24, 2017
—
Sunfair Prof Assocs LLC
—
Grant Deed
related
$1,468,000 · Us Bk
Jan 9, 2017
—
Ackerman Properties LLC
—
Deed
related
$918,276 · Cashmere Valley Bank
Oct 3, 2007
—
Sunfair Prof Assocs LLC
Tax Deferred Exchange Svcs INC
Warranty Deed
—
Feb 14, 2007
$2,507,680
Tax Deferred Exchange Svcs INC
Sunfair Associates
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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