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Property profile & analytics
OFF-MARKET
Medical Office Space
1017 40th Ave Yakima, WA 98908-3805
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-3297184
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
WOOD
Total area
5,536 SF
Lot
0.16 ac (6,970 SF)
Zoning code
BCOM
APN
181327-13478
UPID
US90-3297184
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
-
Joanne Melton Real Estate Team, Keller Williams Real Estate Agency
-
Elvia Gomez Realtor Real Estate Agency
-
Janet Stroud, Keller Williams Realtor Real Estate Agency
-
Murray Group Realty at Keller Williams Yakima Valley Real Estate Agency
-
The Kate Soldano Group | Keller Williams Yakima Real Estate Agency
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
Nh2g LLC · 2 yrs held
Nh2g LLC
since 2023
Last sale
$135,000
6 recorded transactions
Zoning & alternative use
BCOM · 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
$9,090
Tax year 2024
Assessed value
$967,200
Assessed 2024
Previous assessed
$930,000
+4.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$165,700
Assessed improvement
$801,500
Land market value
$165,700
Improvement market value
$801,500
Total market value
$967,200
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
1996
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
5,536 SF
Lot
0.16 ac (6,970 SF)
Zoning code
BCOM
APN
181327-13478
UPID
US90-3297184
Jurisdiction
YAKIMA
Zoning & alternative use
BCOM · Yakima, WAZoning BCOM · permitted uses
BCOM · 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
1996
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Nh2g LLC
Entity
Mailing address
1017 S 40TH AVE, YAKIMA, WA 98908-3805
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2023
$135,000
Nh2g LLC
Heather Alanna Rainey
Warranty Deed
$135,000 · Jodi Bigelow
Nov 14, 2016
$1,000,000
Osprey Finl LLC
Shinstine,douglas A & Drucella G
Warranty Deed
—
Jun 8, 2006
$2,254,000
Douglas A Shinstine
Flow Structures LLC
Warranty Deed
$1,695,000 · Valley Bank
Jun 28, 2002
$2,275,000
Flow Structures LLC
Aboulhosn,kamal F & Diana R
Grant Deed
$1,550,000 · Bank Of Clark County
Apr 30, 2001
$1,850,000
Kamal F Aboulhorn
Boyd Land LLC
Grant Deed
$1,500,000 · Pacific Northwest Bank
Jun 29, 2000
—
Boyd Land LLC
Westside Development Xix INC
Quit Claim Deed
related
—
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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