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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
1118 Iler Ln Yakima, WA 98901-3823
Individually Owned
14-yr Hold
Property ID
US90-1579757
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1940
Construction
WOOD FRAME
Total area
1,289 SF
Lot
0.9 ac (39,204 SF)
Zoning code
M1
APN
191329-33024
UPID
US90-1579757
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
-
Hinds Towing Auto Repair Shop
-
clouse creation Home Decor Store
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
Dennis D Clouse · 14 yrs held
Dennis D Clouse
since 2012
6 recorded transactions
Zoning & alternative use
M1 · 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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$910
Tax year 2024
Assessed value
$93,150
Assessed 2024
Previous assessed
$80,200
+16.1% YoY
Effective rate
0.98%
On assessed value
Assessed land
$26,450
Assessed improvement
$66,700
Land market value
$26,450
Improvement market value
$66,700
Total market value
$93,150
Applied tax rate
334.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1940
Construction
WOOD FRAME
Heating
SPACE
Buildings
1
Stories
1
Rooms
6
Bathrooms
1
Total area
1,289 SF
Lot
0.9 ac (39,204 SF)
Zoning code
M1
APN
191329-33024
UPID
US90-1579757
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Yakima, WAZoning M1 · permitted uses
M1 · 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
1940
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Buildings
1
Rooms
6
Bathrooms
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Dennis D Clouse
Individual
Mailing address
PO BOX 3075, UNION GAP, WA 98903-0075
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2012
—
Dennis D Clouse
Clouse,connie L
Quit Claim Deed
related
—
Sep 10, 2010
$17,500
Roy C Hinds
Brown,milton & Suzanne
Quit Claim Deed
related
—
Sep 21, 2009
—
Milton D Brown
Lowrie,patricia A
Quit Claim Deed
related
—
Oct 30, 2000
$40,000
Roy C Hinds
Hawkins,margie
Grant Deed
—
Feb 23, 1993
$26,000
Emmett Prine
Unknown
Grant Deed
—
—
—
Roy C Hinds
—
Deed Of Trust
related
$17,500 · Milton D & Susanne M Brown
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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