New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,200,000
Distribution centers
12 Hoffer Rd Wapato, WA 98951-8525
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-1842361
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
65,758 SF
Lot
1.58 ac (68,825 SF)
Zoning code
M1
APN
191115-31004
UPID
US90-1842361
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.20M
Owner & transaction history
Pnw Assetco LLC · 1 yrs held
Pnw Assetco LLC
since 2024
7 recorded transactions
Zoning & alternative use
M1 · Wapato, 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 Wapato submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wapato 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
$64 / 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
$24,220
Tax year 2024
Assessed value
$3,060,000
Assessed 2024
Previous assessed
$2,930,400
+4.4% YoY
Effective rate
0.79%
On assessed value
Assessed improvement
$3,060,000
Improvement market value
$3,060,000
Total market value
$3,060,000
Applied tax rate
560.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Total area
65,758 SF
Lot
1.58 ac (68,825 SF)
Zoning code
M1
APN
191115-31004
UPID
US90-1842361
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Wapato, WA
Zoning M1 · permitted uses
M1 · Wapato, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wapato. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Pnw Assetco LLC
Entity
Free & Clear · 1 yrs held
Mailing address
191 IRON HORSE CT, YAKIMA, WA 98901-1468
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
—
Pnw Assetco LLC
—
Deed
related
—
Dec 30, 2024
$5,442,532
Pnw Assetco LLC
Legacy Fruit LLC
Bargain & Sale Deed
—
Aug 18, 2020
—
Legacy Fruit LLC
Green Acre Fruit LLC
Quitclaim Deed
related
—
Dec 21, 2018
$7,039,725
Legacy Fruit Packers And Warehouser
Legacy Fruit Packers LLC
Quitclaim Deed
related
$20,000,000 · Conterra Agricultural Capital LLC
Dec 20, 2018
—
Rso Properties LLC
Valley Fruit II LLC
Grant Deed
$20,000,000 · Conterra Agricultural Cap LLC
Dec 17, 2018
—
Sage Processing LLC
Valley Fruit III LLC
Grant Deed
—
Aug 4, 2011
—
Green Acre Fruit LLC
—
Grant Deed
related
$5,250,000 · Miscellaneous Ins Co
Aug 29, 2007
—
Sage Processing LLC
—
Grant Deed
related
$3,663,000 · Farm Credit Svcs
Mar 2, 2007
—
Valley Fruit III LLC
—
Grant Deed
related
$1,253,000 · Farm Credit Svcs
—
—
Sage Processing LLC
—
Deed Of Trust
related
$3,663,000 · Farm Credit Svcs
—
—
Valley Fruit III LLC
—
Deed Of Trust
related
$1,253,000 · Farm Credit Svcs
—
—
Valley Fruit III LLC
—
Deed Of Trust
related
$5,930,000 · Farm Credit Svcs
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12 Hoffer Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
