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    Property profile & analytics

    1017 48th Ave Yakima, WA 98908-5803

    • Retail space
    • 3,120 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Last Sale
    Apr 07, 2020
    $395,555
    Location Intelligence
    Property ID
    US90-3244160
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Clear Choice Insurance / Auto Insurance Agency / Business Management Consultant
    • BNI Inland Empire / Business Networking Company / Coaching Center
    • 24th Avenue Salon / Hair Salon / Beauty Salon
    • BHOME / Home Automation Company
    • 48th Avenue Salon / Beauty Salon / Hair Salon

    Property Details for 1017 48th Ave

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.42 lot acres
    Property size
    3,120 SF
    Zone code
    BCOM
    Property type
    Retail space
    APN
    181327-23405
    APU
    18132723405

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $395,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $385,000
      Mixed-Use
      $485,000
      Hospitality
      $425,000
      Educational
      $455,000
      Residential Income
      $445,000
      Energy
      $530,000
      Income-Based Land
      $530,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Yakima
    County
    Yakima
    State
    Washington
    Longitude
    -120.572
    Latitude
    46.5862
    CBSA code
    49420
    CBSA name
    YAKIMA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,569
    $145,300
    $123,900
    $269,200
    -
    $145,300
    $123,900
    $269,200

    Comparable in this City

    • Value Estimation by Request
      9,393 SF

      420 72nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,393 SF
      420 72nd Ave, Yakima, WA 98908-1688
      View Details
    • Value Estimation
      $1,190,000
      6,317 SF

      5601 Tieton Dr

      RETAIL STORES (PERSONAL SERVICES) • 6,317 SF
      5601 Tieton Dr, Yakima, WA 98908-3402
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    • Value Estimation by Request
      8,298 SF

      120 72nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,298 SF
      120 72nd Ave, Yakima, WA 98908-4200
      View Details
    • Value Estimation
      $250,000
      960 SF

      3120 Mapleway Rd

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      3120 Mapleway Rd, Yakima, WA 98908-8929
      View Details
    • Value Estimation
      $305,000
      4,000 SF

      6710 Tieton Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      6710 Tieton Dr, Yakima, WA 98908-1768
      View Details
    • Value Estimation
      $330,000
      1.94 Acres

      6015 Summitview Ave

      RETAIL STORES (PERSONAL SERVICES) • 1.94 Acres
      6015 Summitview Ave, Yakima, WA 98908-3046
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $22 SF/Yr
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    • $15 SF/Yr
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      Glenwood Corner Retail Space Available

      Prime retail space available in Glenwood on the Corner.
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    Yakima, WA 98908-5803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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