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Property profile & analytics
OFF-MARKET
Medical Office Space
1014 40th Ave Yakima, WA 98908-3804
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-1212674
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Construction
WOOD
Total area
4,212 SF
Lot
0.22 ac (9,583 SF)
Zoning code
B1
APN
181327-24025
UPID
US90-1212674
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
-
Bruce P. Kinney - D.D.S Dental Office
-
Inspired Dental Dental Office
-
David R. Brown D.D.S. Dental Office
-
Dallas Easter Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David R Brown D D S PLLC · 9 yrs held
David R Brown D D S PLLC
since 2017
3 recorded transactions
Zoning & alternative use
B1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,887
Tax year 2024
Assessed value
$428,300
Assessed 2024
Previous assessed
$423,100
+1.2% YoY
Effective rate
0.91%
On assessed value
Assessed land
$56,300
Assessed improvement
$372,000
Land market value
$56,300
Improvement market value
$372,000
Total market value
$428,300
Applied tax rate
333.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
4,212 SF
Lot
0.22 ac (9,583 SF)
Zoning code
B1
APN
181327-24025
UPID
US90-1212674
Jurisdiction
YAKIMA
Zoning & alternative use
B1 · Yakima, WAZoning B1 · permitted uses
B1 · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
David R Brown D D S PLLC
Individual
Mailing address
111 TWIN PEAKS RD, SELAH, WA 98942-8623
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2017
$823,104
David R Brown D D S PLLC
Bruce P Kinney
Warranty Deed
$536,000 · Us Bank NA
Jun 25, 2001
$400,000
Bruce P Kinney
Sawinson Family Investment LLC
Grant Deed
$284,006 · Sawinson Family Investment LLC
—
—
Bruce P Kinney
—
Deed Of Trust
related
$441,168 · Baker Boyer National Bank
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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