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    Property profile & analytics

    12 Hoffer Rd Wapato, WA 98951-8525

    • Warehouses
    • 87,940 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 30, 2024
    $5,442,532
    Location Intelligence
    Property ID
    US90-2794674
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 12 Hoffer Rd

    Year built
    1990
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    87,940 SF
    Zone code
    M1
    Property type
    Warehouses
    APN
    191115-31009
    APU
    19111531009

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wapato
    County
    Yakima
    State
    Washington
    Longitude
    -120.429
    Latitude
    46.4378
    CBSA code
    49420
    CBSA name
    YAKIMA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $39,991
    $0.00
    $5,053,800
    $5,053,800
    -
    $0.00
    $5,053,800
    $5,053,800

    Comparable in this City

    • Value Estimation
      $590,000
      9,071 SF

      1st St Wapato Ave

      WAREHOUSE, STORAGE • 9,071 SF
      1st St Wapato Ave, Wapato, WA 98951
      View Details
    • Value Estimation
      $400,000
      5,029 SF

      5323 Campbell Rd

      WAREHOUSE, STORAGE • 5,029 SF
      5323 Campbell Rd, Wapato, WA 98951
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    • Value Estimation by Request
      42,519 SF

      Yakima Vly Hwy

      WAREHOUSE, STORAGE • 42,519 SF
      Yakima Vly Hwy, Wapato, WA 98951
      View Details
    • Value Estimation by Request
      31,825 SF

      Wapato Donald Rd 1st St

      WAREHOUSE, STORAGE • 31,825 SF
      Wapato Donald Rd 1st St, Wapato, WA 98951
      View Details
    • Value Estimation by Request
      2,330 SF

      6191 Yakima Vly Hwy

      WAREHOUSE, STORAGE • 2,330 SF
      6191 Yakima Vly Hwy, Wapato, WA 98951-9633
      View Details
    • Value Estimation
      $3,270,000
      10,800 SF

      229 Lateral A Rd Ste, Unit 100

      WAREHOUSE, STORAGE • 10,800 SF
      229 Lateral A Rd Ste, Wapato, WA 98951-9008
      View Details

    Similar Nearby for Sale

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      136,083 SF

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    • $1,350,000
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    • $3,975,000
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      Commercial real estate • 8,824 SF
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      Prime Wapato Vineyard Estate

      Established Vineyard with Expansion Potential
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    12 Hoffer Rd
    Wapato, WA 98951-8525
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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