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Property profile & analytics
OFF-MARKET
Estimated value
$3,785,000
Medical Office Space
1211 Ahtanum Rdg Dr Union Gap, WA 98903-1813
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1806968
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Construction
METAL FRAME
Total area
17,135 SF
Lot
1.45 ac (63,162 SF)
Zoning code
COM
APN
191206-31407
UPID
US90-1806968
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
$2.81M
Comparable Approach
Comparable
$5.00M
Blend (final)
Blend
$3.79M
Owner & transaction history
Union Gap Hospitality LLC · 9 yrs held
Union Gap Hospitality LLC
since 2017
3 recorded transactions
Zoning & alternative use
COM · Union Gap, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+82.2%
Commercial (general)
$5.1M
+52.2%
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 Union Gap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Gap 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,045,000
6.5%
$2,810,000
7%
$2,610,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,315,000
Current use
RESTAURANT
$6,045,000
Change: +82% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,050,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$3,195,000
Change: -4% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,790,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$3.79M
Range $3.41M – $4.16M · ±10%
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
$221 / 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
$33,766
Tax year 2024
Assessed value
$4,916,200
Assessed 2024
Previous assessed
$3,578,200
+37.4% YoY
Effective rate
0.69%
On assessed value
Assessed land
$379,300
Assessed improvement
$4,536,900
Land market value
$379,300
Improvement market value
$4,536,900
Total market value
$4,916,200
Applied tax rate
300.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Construction
METAL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
17,135 SF
Lot
1.45 ac (63,162 SF)
Zoning code
COM
APN
191206-31407
UPID
US90-1806968
Jurisdiction
YAKIMA
Zoning & alternative use
COM · Union Gap, WA
Zoning COM · permitted uses
COM · Union Gap, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union Gap. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.3M
RESTAURANT
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.1M
OFFICE BUILDING
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
Union Gap Hospitality LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2020 SCOON RD, SUNNYSIDE, WA 98944-9156
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2017
$717,980
Union Gap Hospitality LLC
Ahtanum Holdings LLC
Warranty Deed
—
Nov 14, 2016
—
Ahtanum Holdings LLC
Bk Gator LLC
Quit Claim Deed
related
—
Sep 28, 2007
$1,541,816
B K Gator LLC
Ahtanum Ridge Business Park LLC
Warranty Deed
$500,000 · Us Bank NA
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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