Back to Search
Property profile & analytics
OFF-MARKET
Bars & Pubs
107 4th St 1 La Center, WA 98629-5429
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-3356697
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,235 SF
Lot
0.06 ac (2,500 SF)
Zoning code
C-1 : LAC
APN
063858-000
UPID
US90-3356697
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
-
La Center Tavern Restaurant
-
4th Street Bar and Grill Bar & Pub
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
Steven Gregory Schatz · 1 yrs held
Steven Gregory Schatz
since 2024
7 recorded transactions
Zoning & alternative use
C-1 : LAC · La Center, 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 La Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Center 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
$2,503
Tax year 2023
Assessed value
$282,000
Assessed 2023
Previous assessed
$256,400
+10.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$50,820
Assessed improvement
$231,180
Land market value
$50,820
Improvement market value
$231,180
Total market value
$282,000
Applied tax rate
10,068.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Buildings
2
Stories
1
Total area
1,235 SF
Lot
0.06 ac (2,500 SF)
Zoning code
C-1 : LAC
APN
063858-000
UPID
US90-3356697
Jurisdiction
CLARK
Zoning & alternative use
C-1 : LAC · La Center, WAZoning C-1 : LAC · permitted uses
C-1 : LAC · La Center, 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
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Buildings
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Steven Gregory Schatz
Individual
Free & Clear · 1 yrs held
Mailing address
6308 NE 384TH ST, LA CENTER, WA 98629-4717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
$300,000
Steven Gregory Schatz
Mary Frances Werbin
Deed
related
—
Feb 13, 2015
$3,000,000
Steven G|werbin Mary F Schatz
Werbin Mary F
Dual Purpose Document
related
$240,000 · Mary F Werbin
Oct 17, 2013
$190,815
Mary F Werbin
Lc Tavern INC
Warranty Deed
—
Jun 11, 2007
$242,000
Lc Tavern INC
Guttenfelder,marvi L
Warranty Deed
$222,000 · First Independent Bank
Apr 16, 2002
$171,910
Marvi L Guttenfelder
Bohlken,charles R
Grant Deed
$150,000 · Charles R Bohlken
Jun 13, 1994
$130,000
Charles R Bohlken
Elliott,dona D
Grant Deed
$76,000 · Seller
Sep 15, 1988
—
Dona D Elliott
Unknown
Grant 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.
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 107 4th St, Unit 1?
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.
