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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Medical Office Space
11 11th Ave Ste 103 Yakima, WA 98902-3085
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-0786621
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Construction
WOOD
Total area
720 SF
Lot
0.03 ac (1,307 SF)
Zoning code
COM
APN
181324-31521
UPID
US90-0786621
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Dicscovery LLC · 2 yrs held
Dicscovery LLC
since 2024
Last sale
$548,034
7 recorded transactions
Zoning & alternative use
COM · Yakima, 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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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
Method
Estimation
Statistic approach
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $548k (Apr 17 2024)
Last sale anchor
$548k
Apr 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$764 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$611
Tax year 2024
Assessed value
$62,400
Assessed 2024
Previous assessed
$61,900
+0.8% YoY
Effective rate
0.98%
On assessed value
Assessed land
$19,000
Assessed improvement
$43,400
Land market value
$19,000
Improvement market value
$43,400
Total market value
$62,400
Applied tax rate
333.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1967
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
720 SF
Lot
0.03 ac (1,307 SF)
Zoning code
COM
APN
181324-31521
UPID
US90-0786621
Jurisdiction
YAKIMA
Zoning & alternative use
COM · Yakima, WA
Zoning COM · permitted uses
COM · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yakima. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Dicscovery LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4461 OLD GARDINER RD, PORT TOWNSEND, WA 98368-9778
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
Apr 17, 2024
$548,034
Dicscovery LLC
Abm Re Jv Yakima LLC
Special Warranty Deed
—
Oct 5, 2023
$355,555
Abm Re Jv Yakima LLC
Eric Borchert
Special Warranty Deed
$7,376 · Abm Lending Jv Yakima LLC
Oct 5, 2023
—
Eric K Borchert
Julaine Borchert
Intrafamily Transfer
related
—
Jun 11, 2001
$195,000
Eric K Borchert
Symonds,james W & Sydney M
Grant Deed
$135,000 · Bank Of Washington
Oct 3, 1991
$38,100
James W Symonds
Unknown
Grant Deed
—
—
—
James W Symonds
—
Deed Of Trust
related
$165,000 · Key Bank Of Washington
—
—
James W Symonds
—
Deed Of Trust
related
$15,500 · Central Valley Bank
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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