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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Industrial properties
11053 Lateral A Rd Toppenish, WA 98948
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2549386
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2012
Construction
METAL FRAME
Total area
24,633 SF
Lot
74.83 ac (3,259,595 SF)
Zoning code
AG
APN
191017-23008
UPID
US90-2549386
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
$3.01M
Comparable Approach
Comparable
$3.02M
Blend (final)
Blend
$3.18M
Owner & transaction history
Perrault Farms INC · 2 yrs held
Perrault Farms INC
since 2023
7 recorded transactions
Zoning & alternative use
AG · Toppenish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.3M
+18.1%
Medical building
$4.1M
+14.2%
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 Toppenish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toppenish 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,255,000
6.5%
$3,005,000
7%
$2,790,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,625,000
Current use
OFFICE BUILDING
$4,280,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$4,140,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,220,000
Change: -11% · Conversion: Easy
RETAIL STORES
$3,125,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±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
$129 / 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
$100,097
Tax year 2024
Assessed value
$11,547,570
Assessed 2024
Previous assessed
$7,942,790
+45.4% YoY
Effective rate
0.87%
On assessed value
Assessed land
$188,670
Assessed improvement
$11,358,900
Land market value
$419,000
Improvement market value
$11,358,900
Total market value
$11,777,900
Applied tax rate
562.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2012
Construction
METAL FRAME
Heating
SPACE
Cooling
YES
Buildings
8
Stories
1
Total area
24,633 SF
Lot
74.83 ac (3,259,595 SF)
Zoning code
AG
APN
191017-23008
UPID
US90-2549386
Jurisdiction
YAKIMA
Zoning & alternative use
AG · Toppenish, WA
Zoning AG · permitted uses
AG · Toppenish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toppenish. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.6M
OFFICE BUILDING
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RETAIL STORES
Est. value
$3.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
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
2012
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
8
Lot
74.83 ac
Current owner
From public records · entity-resolved
Perrault Farms INC
Entity
Mailing address
11051 LATERAL A RD, TOPPENISH, WA 98948-9727
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2023
—
Perrault Farms INC
—
Deed
related
$12,000,000 · Banner Bank
Jan 31, 2020
—
Perrault Farms INC
—
Deed
related
$24,800,000 · Banner Bank
Apr 11, 2019
—
Perrault Farms INC
—
Grant Deed
related
$20,000,000 · Banner Bk
Sep 8, 2017
—
Perrault Farms INC
—
Grant Deed
related
$12,200,000 · Banner Bk
Dec 5, 2012
—
Perrault Farms INC
—
Deed Of Trust
related
$2,750,000 · American West Bk
—
—
Perrault Farms INC
—
Loan Modification
related
$4,000,000 · American West Bk
—
—
Perrault Farms INC
—
Loan Modification
related
—
—
—
Perrault Farms INC
—
Loan Modification
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
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