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    Property profile & analytics

    1200 University Way Ellensburg, WA 98926-2678

    • Bars
    • 702 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    $1,470,000
    Last Sale
    Aug 01, 2024
    $1,450,100
    Location Intelligence
    Property ID
    US90-0848763
    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

    • Shady Brook Mobile Village / Mobile Home Park / Real Estate
    • PNW Window Cleaning / Window Cleaning Service / Gutter Cleaning Service
    • First & Last Chance Tavern / Bar

    Property Details for 1200 University Way

    Year built
    1930
    Lot size
    1.56 lot acres
    Property size
    702 SF
    Zone code
    ECH
    Property type
    Bars
    Property subtype
    Pubs
    APN
    403834
    APU
    403834

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,480,000
      6.5%
      $1,565,000
      7%
      $1,440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,385,000
      Geo Method
      $1,365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,685,000
      Retail
      $1,620,000
      Mixed-Use
      $1,740,000
      Hospitality
      $1,740,000
      Educational
      $1,835,000
      Residential Income
      $1,730,000
      Energy
      $1,750,000
      Income-Based Land
      $1,680,000
      Food Service
      $1,870,000

    Location Insight

    • Map
    • Local Demand
    City
    Ellensburg
    County
    Kittitas
    State
    Washington
    Longitude
    -120.53
    Latitude
    47.0019
    CBSA code
    21260
    CBSA name
    ELLENSBURG, WA MICROPOLITAN 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
    0
    $0.00
    $100
    $0.00
    $100
    -
    $100
    $0.00
    $100

    Comparable in this City

    • Value Estimation by Request
      220 SF

      105 Umptanum Rd

      BAR, TAVERN • 220 SF
      105 Umptanum Rd, Ellensburg, WA 98926-6703
      View Details
    • Value Estimation
      $1,160,000
      9,548 SF

      404 Pne St

      BAR, TAVERN • 9,548 SF
      404 Pne St, Ellensburg, WA 98926-3172
      View Details
    • Value Estimation
      $245,000
      2,105 SF

      106 3rd Ave

      BAR, TAVERN • 2,105 SF
      106 3rd Ave, Ellensburg, WA 98926-3354
      View Details
    • Value Estimation
      $320,000
      3,594 SF

      117 4th Ave

      BAR, TAVERN • 3,594 SF
      117 4th Ave, Ellensburg, WA 98926-3127
      View Details
    • Value Estimation
      $240,000
      2,084 SF

      111 4th Ave

      BAR, TAVERN • 2,084 SF
      111 4th Ave, Ellensburg, WA 98926-3127
      View Details
    • Value Estimation by Request
      432 SF

      412 Main St

      BAR, TAVERN • 432 SF
      412 Main St, Ellensburg, WA 98926-3108
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Ellensburg Retail Property for Sale

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      Land Available For Sale

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      Recreational Land with Mountain Views

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      Ellensburg Commercial Property - Prime Location

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    Similar Nearby for Lease

    • $24 SF/Yr
      702 SF

      Affordable Retail Space in Ellensburg

      Small, affordable retail space in a busy, well-maintained shopping center.
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      37,240 SF

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    • $0.75 SF/Yr
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      Versatile Industrial Spaces in Ellensburg

      Adaptable industrial and office spaces for lease near I-90.
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    • Contact for pricing

      Industrial Land Near Interstate 90

      61.09 acres of industrial land available for lease.
      1201 Umptanum Rd, Ellensburg, WA 98926
      View Details
    • $12 SF/Yr
      6,000 SF

      Lakeside Premium Office Space

      Modern Office, Lake Views, 2,000 SF
      2309 Dolarway Rd, Ellensburg, WA 98926
      View Details
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    Ellensburg, WA 98926-2678
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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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