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Property profile & analytics
OFF-MARKET
Drug stores
1200 14th Ave Ste 200 Pasco, WA 99301-4195
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-2063203
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1988
Total area
1,278 SF
Lot
2.91 ac (126,760 SF)
APN
112161547
UPID
US90-2063203
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
-
Monteilh Jr Alfred MD Physician Medical Clinic
-
Protocols for Health Wellness Program
-
Advanced Medical Diagnostics Medical Clinic
-
Dr. Terry Wigley Physician
-
Thomas Westhusing Pediatrician Physician
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
Luxe Property Services LLC · 2 yrs held
Luxe Property Services LLC
since 2023
Last sale
$270,000
4 recorded transactions
Zoning & alternative use
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,336
Tax year 2021
Assessed value
$240,400
Assessed 2023
Previous assessed
$240,400
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$59,800
Assessed improvement
$180,600
Land market value
$59,800
Improvement market value
$180,600
Total market value
$240,400
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1988
Heating
NONE
Buildings
6
Total area
1,278 SF
Lot
2.91 ac (126,760 SF)
APN
112161547
UPID
US90-2063203
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
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
1988
Heating
NONE
Buildings
6
Lot
2.91 ac
Current owner
From public records · entity-resolved
Luxe Property Services LLC
Entity
Free & Clear · 2 yrs held
Mailing address
10505 W CLEARWATER AVE, KENNEWICK, WA 99336-8613
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2023
$235,000
Luxe Property Services LLC
C To C LLC
Warranty Deed
—
Apr 26, 2017
—
C To C LLC
Cochrane,kelly & Rebecca
Warranty Deed
—
Oct 15, 2013
$232,000
Rebecca Cochrane
Kohler Living Trust
Warranty Deed
$175,000 · Columbia State Bank
Dec 8, 2011
—
Kohler Living Trust
Physicians Ptshp Of Pasco
Quit Claim Deed
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.
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