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Property profile & analytics
OFF-MARKET
Estimated value
$2,580,000
Grocery and convenience stores
11 Pence Rd Yakima, WA 98908-4410
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3133540
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Construction
WOOD
Total area
100 SF
Lot
1.69 ac (73,616 SF)
Zoning code
HC
APN
181304-33012
UPID
US90-3133540
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
-
Shell Car Wash
-
Suntides Market Grocery & Convenience Store Food Market
-
Manhattan Station Espresso Cafe & Coffee Shop
-
ATM Atm
-
Hidden Treasures Thrift Store and Estate Sale Services Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.58M
Owner & transaction history
Takhar 2 INC · 4 yrs held
Takhar 2 INC
since 2021
Last sale
$2.7M
4 recorded transactions
Zoning & alternative use
HC · 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
$2,665,000
ML approach
$2,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±10% · vs last sale $2.68M (Sep 7 2021)
Last sale anchor
$2.68M
Sep 7 2021
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
$25,800 / 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
$21,128
Tax year 2024
Assessed value
$2,319,650
Assessed 2024
Previous assessed
$2,306,250
+0.6% YoY
Effective rate
0.91%
On assessed value
Assessed land
$361,150
Assessed improvement
$1,958,500
Land market value
$361,150
Improvement market value
$1,958,500
Total market value
$2,319,650
Applied tax rate
315.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
100 SF
Lot
1.69 ac (73,616 SF)
Zoning code
HC
APN
181304-33012
UPID
US90-3133540
Jurisdiction
YAKIMA
Zoning & alternative use
HC · Yakima, WAZoning HC · permitted uses
HC · Yakima, 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
1990
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
1.69 ac
Current owner
From public records · entity-resolved
Takhar 2 INC
Entity
Mailing address
11 PENCE RD, YAKIMA, WA 98908-4410
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Sep 7, 2021
$2,676,923
Takhar 2 INC
Hr & Cb INC
Warranty Deed
$2,900,000 · Mountain Pacific Mortgage Co
Feb 14, 2008
$1,400,000
Hr & Cb INC
Jae & Tracy Ents INC
Warranty Deed
$1,735,000 · Saehan Bank
Feb 2, 2006
$1,100,000
Jae & Tracy Ents INC
Kim,young L & In A
Warranty Deed
$1,234,000 · Nara Bank
Mar 27, 2000
$750,000
Young L Kim
Gifford,alfred K & Susanne R
Grant Deed
$963,000 · Imperial 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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