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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Turn key restaurants
118 Yakima Ave, Yakima, WA 98902-3404
Individually Owned
2-yr Hold
Free & Clear
Property ID
US90-0867548
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
380 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CBD
APN
181324-14425
UPID
US90-0867548
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
-
Yakima Federal Savings & Loan Association Bank Loan Service
-
Coffee Cravings Inc. Cafe & Coffee Shop
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
Educational Service District 105 · 2 yrs held
Educational Service District 105
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
CBD · 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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Apr 15 2024)
Last sale anchor
$1.20M
Apr 15 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
$3,158 / 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
$1,313
Tax year 2024
Assessed value
$131,450
Assessed 2024
Previous assessed
$122,800
+7.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$88,550
Assessed improvement
$42,900
Land market value
$88,550
Improvement market value
$42,900
Total market value
$131,450
Applied tax rate
331.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Total area
380 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CBD
APN
181324-14425
UPID
US90-0867548
Jurisdiction
YAKIMA
Zoning & alternative use
CBD · Yakima, WA
Zoning CBD · permitted uses
CBD · 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
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Educational Service District 105
Individual
Free & Clear · 2 yrs held
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2024
$1,396,074
Educational Service District 105
Colleen Johnson
Warranty Deed
—
Sep 4, 2009
—
Schneider Bob D Trust
Schneider,bob D
Quit Claim Deed
related
—
Dec 29, 2006
$92,000
Bob D Schneider
Yesterdays Village INC
Warranty Deed
—
May 25, 2006
—
Department Of General Admn
Yesterdays Village INC
Grant Deed
related
—
Feb 11, 2003
—
Yesterdays Village INC
—
Deed Of Trust
related
$1,500,000 · Covenant Mortgage Corp
Apr 30, 2001
—
Yesterdays Village INC
—
Deed Of Trust
related
$1,300,000 · Liberty Bank
Oct 30, 1998
$385,000
Yesterday Village INC
Wells Fargo Bank
Grant Deed
$345,000 · Covenant Mortgage Corp
Nov 5, 1990
$156,800
First Interstate Bk Of Wa
Unknown
Grant Deed
related
—
—
—
Yesterdays Village INC
—
Deed Of Trust
related
$232,500 · Covenant Mortgage Corp
—
—
Yesterday Village INC
—
Deed Of Trust
related
$1,325 · Liberty 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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