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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Motels
1104 1st St Yakima, WA 98901-1904
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0063605
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1975
Construction
WOOD
Total area
7,000 SF
Lot
2.23 ac (97,139 SF)
Zoning code
GC
APN
181313-14061
UPID
US90-0063605
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
-
Budget Inn Yakima Hotel & Motel
-
Econo Lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$778k
Blend (final)
Blend
$795k
Owner & transaction history
Sawant & Jabal Holding LLC · 19 yrs held
Sawant & Jabal Holding LLC
since 2007
4 recorded transactions
Zoning & alternative use
GC · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the general commercial district is to accommodate wholesale and retail activities with some high-density residential development.
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,450.22 ac
Source
Realmo
Top alternative use upside
Restaurant
$870,000
+99.8%
Medical building
$860,000
+97.9%
Office building
$775,000
+78.4%
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
by Request
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$750,000
Alternative Use
Use
Estimation
RESTAURANT
$870,000
Change: +100% · Conversion: Difficult
MEDICAL BUILDING
$860,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: +78% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$665,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$560,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$555,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±10%
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
$114 / 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
$23,505
Tax year 2024
Assessed value
$2,589,100
Assessed 2024
Previous assessed
$1,431,000
+80.9% YoY
Effective rate
0.91%
On assessed value
Assessed land
$581,800
Assessed improvement
$2,007,300
Land market value
$581,800
Improvement market value
$2,007,300
Total market value
$2,589,100
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
3
Stories
2
Total area
7,000 SF
Lot
2.23 ac (97,139 SF)
Zoning code
GC
APN
181313-14061
UPID
US90-0063605
Jurisdiction
YAKIMA
Zoning & alternative use
GC · Yakima, WAZoning GC · permitted uses
GC · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the general commercial district is to accommodate wholesale and retail activities with some high-density residential development.
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,450.22 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$870,000
MEDICAL BUILDING
Est. value
$860,000
OFFICE BUILDING
Est. value
$775,000
INDUSTRIAL (GENERAL)
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$560,000
RETAIL STORES
Est. value
$555,000
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
2.23 ac
Current owner
From public records · entity-resolved
Sawant & Jabal Holding LLC
Entity
Mailing address
300 N FRONTAGE RD, WAPATO, WA 98951-1178
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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 30, 2022
—
First Street Investments LLC
—
Deed
related
$2,000,000 · Farm Bureau Bank Fsb
Feb 2, 2007
$2,092,500
Sawant & Jabal Holding LLC
Motel 6 Operating
Grant Deed
$1,511,250 · Us Metro Bank
—
—
Sawant & Jabal Holding LLC
—
Deed Of Trust
related
$1,550,000 · Pacific City Bank
—
—
Susan C Roark
—
Deed Of Trust
related
$883,000 · American West 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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