Back to Search
Property profile & analytics
OFF-MARKET
Retail space
105 1st Ave Kittitas, WA 98934
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0108678
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
1,200 SF
Lot
0.16 ac (7,000 SF)
Zoning code
KCB
APN
182333
UPID
US90-0108678
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
Tjm Asset Management LLC · 1 yrs held
Tjm Asset Management LLC
since 2025
Last sale
$487,000
7 recorded transactions
Zoning & alternative use
KCB · Kittitas, 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 Kittitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kittitas 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
Property tax & assessments
Assessed value
$107,030
Assessed 2024
Previous assessed
$96,190
+11.3% YoY
Assessed land
$52,500
Assessed improvement
$54,530
Land market value
$52,500
Improvement market value
$54,530
Total market value
$107,030
Applied tax rate
24.0000
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
Off-Market
Year built
1970
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
1,200 SF
Lot
0.16 ac (7,000 SF)
Zoning code
KCB
APN
182333
UPID
US90-0108678
Jurisdiction
KITTITAS
Zoning & alternative use
KCB · Kittitas, WAZoning KCB · permitted uses
KCB · Kittitas, 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
1970
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Tjm Asset Management LLC
Entity
Mailing address
510 E HELENA AVE UNIT #3, ELLENSBURG, WA 98926-2014
Ownership since
2025
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
Oct 2, 2025
—
Tjm Asset Management LLC
—
Deed
related
$348,850 · Cashmere Valley Bank
Mar 31, 2025
$487,000
Tjm Asset Management LLC
Cp Elite Properties LLC
Warranty Deed
$501,500 · Fidelis Equity And Real Estate Fund
Sep 22, 2023
$360,000
Cp Elite Properties LLC
Enrique Espinoza
Warranty Deed
—
Aug 31, 2021
$282,000
Enrique Espinoza
Arvin L Marchel
Warranty Deed
$246,256 · Arvin L Marchel Etal
Jan 29, 2019
—
Arvin L Marchel
Marchel,anita
Quit Claim Deed
related
—
Nov 15, 2018
—
Arvin L Marchel
Marchel Arvin A
Quit Claim Deed
related
—
Dec 4, 2017
—
Arvin L Marchel
Marchel,arvin A
Quit Claim Deed
related
—
Aug 15, 2013
—
Arvin Marchel
Cort,dennis L & Patricia J
Quit Claim Deed
related
—
Apr 25, 2007
$170,000
Dennis L Cort
Marchel,arvin
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 105 1st Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.