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Property profile & analytics
OFF-MARKET
Industrial properties
104 11th NE St East Wenatchee, WA 98802-4467
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2024462
Property summary
AI-generated overview
This single-story, 7,818 square foot flex space building, situated on a 0.62-acre lot in Douglas County's CBA submarket, presents a unique opportunity. Built in 1987, the property features a mix of warehouse, distribution, and R&D space, ideal for a variety of businesses. Currently, 3,995 square feet are available for lease, offering multiple tenants the chance to occupy this prime downtown location. The building boasts 11-14 foot ceiling heights, providing ample vertical space for storage or specialized equipment. Six drive-in bays ensure efficient loading and unloading, complemented by 27 total parking spaces for employees and clients. Existing office and restroom facilities are already in place, minimizing upfront tenant improvement costs. The property is zoned CBD, reflecting its central business district location, and offers a blend of industrial and office functionality. This versatile space is perfect for businesses seeking a blend of warehouse and office space in a convenient, established location.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2009
Construction
METAL FRAME
Total area
4,218 SF
Lot
0.22 ac (9,583 SF)
Zoning code
2
APN
3700001018
UPID
US90-2024462
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
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
Dirt Guru LLC · 7 yrs held
Dirt Guru LLC
since 2019
4 recorded transactions
Zoning & alternative use
2 · East Wenatchee, 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 East Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Wenatchee 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
$3,499
Tax year 2023
Assessed value
$425,600
Assessed 2023
Previous assessed
$425,600
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$63,200
Assessed improvement
$362,400
Land market value
$63,200
Improvement market value
$362,400
Total market value
$425,600
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
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2009
Construction
METAL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
4,218 SF
Lot
0.22 ac (9,583 SF)
Zoning code
2
APN
3700001018
UPID
US90-2024462
Jurisdiction
DOUGLAS
Zoning & alternative use
2 · East Wenatchee, WA
Zoning 2 · permitted uses
2 · East Wenatchee, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Wenatchee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Dirt Guru LLC
Entity
Mailing address
220 EMERALD VIS WAY #800, LAS VEGAS, NV 89144-4145
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
—
Dirt Guru LLC
—
Deed
related
$600,000 · Columbia State Bank
Jul 15, 2019
$1,047,059
Dirt Guru LLC
Ed & Linda Krueger LLC
Warranty Deed
$600,000 · Krueger E R & L S L/tr (pt)
Apr 22, 2009
—
Ed & Linda Krueger LLC
Edward R Krueger
Quit Claim Deed
related
—
Jun 5, 2008
—
Krueger,e R & L S Living Trust
—
Trustees Deed
related
$400,000 · Key Bank NA
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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