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Property profile & analytics
FOR SALE
Retail space
103 Galbreath Way, Ritzville, WA 99169
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1962101
For Sale
1 / 7
$299,000
103 Galbreath Way, Ritzville, WA 99169
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,120 SF
Lot
0.57 ac (24,829 SF)
APN
1-935-23-085-0001
UPID
US90-1962101
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
-
Taco Del Mar Restaurant
-
Starbucks Cafe & Coffee Shop
-
Grass Station (Bike/Boat/Book/etc) Store
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
Lee Family Holdings · 4 yrs held
Lee Family Holdings
since 2022
7 recorded transactions
Zoning & alternative use
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 Ritzville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ritzville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,382
Tax year 2023
Assessed value
$687,800
Assessed 2023
Previous assessed
$671,700
+2.4% YoY
Effective rate
1.22%
On assessed value
Assessed land
$201,100
Assessed improvement
$486,700
Land market value
$201,100
Improvement market value
$486,700
Total market value
$687,800
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
3,120 SF
Lot
0.57 ac (24,829 SF)
APN
1-935-23-085-0001
UPID
US90-1962101
Jurisdiction
ADAMS
Zoning & alternative use
Zoning · permitted uses
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Lee Family Holdings
Entity
Mailing address
2226 EASTLAKE AVE E #138, SEATTLE, WA 98102-3419
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jan 6, 2022
$325,000
Lee Family Holdings
Allstar Property Development LLC
Warranty Deed
$250,000 · Allstar Property Dvelopment LLC
Jun 28, 2018
—
Dussault Living Trust
—
Deed
related
$700,000 · Miscellaneous Ins Co
Sep 1, 2016
$200,000
Allstar Property Dev LLC
Starbak LLC
Warranty Deed
—
Jul 3, 2014
—
Dussault Living Trust
Dussault,william L E & Catherine E
Quit Claim Deed
related
—
Dec 10, 2007
—
William L E Dussault
Dussault,catherine
Quit Claim Deed
related
—
Dec 10, 2007
$1,140,000
William L E Dussault
Starbak LLC
Warranty Deed
$600,000 · First Place Bank
Oct 24, 2005
$325,000
Starbak LLC
Galbreath Land & Livestock INC
Warranty Deed
$700,000 · Washington Trust Bank
—
—
Starbak LLC
—
Deed Of Trust
related
$75,000 · Washington Trust Bank
—
—
Dussault Living Trust
—
Deed Of Trust
related
$700,000 · Miscellaneous Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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