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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Manufacturing properties
124 Boeing Ave O Walla Walla, WA 99362-7402
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1894413
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
2007
Total area
6,000 SF
APN
360714220024
UPID
US90-1894413
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
-
somme des parties Brewery & Distillery Specialty Food Shop
-
Walla Walla University Flight Center Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$522k
Blend (final)
Blend
$530k
Owner & transaction history
Litz LLC · 8 yrs held
Litz LLC
since 2017
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$595,000
+74.5%
Restaurant
$490,000
+43.7%
Auto repair, garage
$420,000
+23.6%
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 Walla Walla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walla Walla 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%
$585,000
6.5%
$540,000
7%
$505,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$340,000
Current use
OFFICE BUILDING
$595,000
Change: +74% · Conversion: Difficult
RESTAURANT
$490,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$420,000
Change: +24% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$410,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$340,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$340,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$88 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$13,631
Tax year 2021
Assessed value
$1,083,900
Assessed 2023
Previous assessed
$1,083,900
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed improvement
$1,083,900
Improvement market value
$1,083,900
Total market value
$1,083,900
Applied tax rate
101.0000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
2007
Heating
HEAT PUMP
Buildings
3
Stories
1
Total area
6,000 SF
APN
360714220024
UPID
US90-1894413
Jurisdiction
WALLA WALLA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$340,000
OFFICE BUILDING
Est. value
$595,000
RESTAURANT
Est. value
$490,000
AUTO REPAIR, GARAGE
Est. value
$420,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$410,000
RETAIL STORES
Est. value
$340,000
COMMERCIAL (GENERAL)
Est. value
$340,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (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
Year built
2007
Heating
HEAT PUMP
Stories
1
Buildings
3
Current owner
From public records · entity-resolved
Litz LLC
Entity
Mailing address
PO BOX 632, BEAVERTON, OR 97075-0632
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2017
—
Litz LLC
—
Deed
related
$1,100,000 · Banner Bank
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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