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Property profile & analytics
OFF-MARKET
Commercial real estate
1221 Bailey Ave, Granger, WA 98932-9717
Entity Owned
~
Est. High Equity
Property ID
US90-1421472
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Construction
WOOD
Total area
192 SF
Lot
9.24 ac (402,494 SF)
Zoning code
C1
APN
211022-21403
UPID
US90-1421472
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
-
Tavos' Style Hair Salon
-
Granger Travel Plaza Parking Lot & Garage Gas Station
-
Toledo State Certified Scale Weigh Station
-
ATM (Granger Travel Plaza) Atm
-
Roady's Granger Travel Plaza Parking Lot & Garage
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
Hshah LLC
Hshah LLC
since 2025
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
C1 · Granger, 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 Granger submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Granger 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,404
Tax year 2024
Assessed value
$1,582,900
Assessed 2024
Previous assessed
$1,562,800
+1.3% YoY
Effective rate
0.78%
On assessed value
Assessed land
$407,700
Assessed improvement
$1,175,200
Land market value
$407,700
Improvement market value
$1,175,200
Total market value
$1,582,900
Applied tax rate
520.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
192 SF
Lot
9.24 ac (402,494 SF)
Zoning code
C1
APN
211022-21403
UPID
US90-1421472
Jurisdiction
YAKIMA
Zoning & alternative use
C1 · Granger, WA
Zoning C1 · permitted uses
C1 · Granger, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Granger. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
9.24 ac
Current owner
From public records · entity-resolved
Hshah LLC
Entity
Mailing address
2601 S IRVING ST, KENNEWICK, WA 99338-1927
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
—
Hshah LLC
—
Deed
related
—
Jul 22, 2025
—
Hshah LLC
—
Deed
related
$734,865 · Taj Sohi Corp
Jul 21, 2025
—
Hshah LLC
—
Deed
related
$3,129,000 · Evergreen Business Capital
Jul 18, 2025
$8,500,000
Hshah LLC
Taj Sohi Corporation
Warranty Deed
$4,361,007 · Umpqua Bank
Nov 17, 2021
—
Taj Sohi Corporation
—
Deed
related
$1,498,800 · United States Small Business Admin
Mar 31, 2021
—
Taj Sohi Corporation
T A Properties INC
Quit Claim Deed
related
—
Feb 4, 2019
—
Grantor Ta Properties INC
—
Deed
related
—
Aug 28, 2007
—
T A Properties INC
Jaspal Sohi
Quit Claim Deed
related
$2,758,849 · Wachovia Commercial Mortgage INC
Jun 15, 2005
$350,000
Jaspal Sohi
Kresse,mary A
Warranty Deed
—
Jan 15, 1993
$10,750
Mary Kresse
Unknown
Grant Deed
—
—
—
Grantor Ta Properties INC
—
Deed Of Trust
related
—
—
—
Ta Properties INC
—
Deed Of Trust
related
$174,820 · Rh Smith Distributing Co INC
—
—
Ta Properties INC
—
Deed Of Trust
related
$150,000 · Byrnes Oil Co INC
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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