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Property profile & analytics
OFF-MARKET
Estimated value
$7,120,000
Distribution centers
1312 6th Ave Yakima, WA 98902-1420
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0847243
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
70,792 SF
Lot
9.72 ac (423,403 SF)
Zoning code
M1
APN
181313-21003
UPID
US90-0847243
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
-
innov8.ag Agricultural Service
-
Gray Duck Creative Advertising Agency Marketing & Advertising
-
Kragworks Ag Solutions Agricultural Service Database Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.29M
Blend (final)
Blend
$7.12M
Owner & transaction history
H R Spinner Corporation · 2 yrs held
H R Spinner Corporation
since 2024
7 recorded transactions
Zoning & alternative use
M1 · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$11.5M
+75.3%
Office building
$9.4M
+43.6%
Auto repair, garage
$9.0M
+37.0%
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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,575,000
Current use
INDUSTRIAL (GENERAL)
$11,530,000
Change: +75% · Conversion: Easy
OFFICE BUILDING
$9,445,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,005,000
Change: +37% · Conversion: Easy
RETAIL STORES
$8,640,000
Change: +31% · Conversion: Moderate
MEDICAL BUILDING
$8,100,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$7.12M
Range $6.41M – $7.83M · ±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
$101 / 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
$67,665
Tax year 2024
Assessed value
$6,859,900
Assessed 2024
Previous assessed
$6,859,900
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,059,000
Assessed improvement
$5,800,900
Land market value
$1,059,000
Improvement market value
$5,800,900
Total market value
$6,859,900
Applied tax rate
335.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Buildings
5
Stories
1
Total area
70,792 SF
Lot
9.72 ac (423,403 SF)
Zoning code
M1
APN
181313-21003
UPID
US90-0847243
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Yakima, WAZoning M1 · permitted uses
M1 · Yakima, WA
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
WAREHOUSE, STORAGE Current
Est. value
$6.6M
INDUSTRIAL (GENERAL)
Est. value
$11.5M
OFFICE BUILDING
Est. value
$9.4M
AUTO REPAIR, GARAGE
Est. value
$9.0M
RETAIL STORES
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$8.1M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
5
Lot
9.72 ac
Current owner
From public records · entity-resolved
H R Spinner Corporation
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
—
Hollingbery Ca & Cold Storage LLC
—
Deed
related
$3,000,000 · Wells Fargo National Bank West
May 28, 2024
—
H R Spinner Corporation
Hollingbery Hop Storage LLC
Lease
—
Aug 9, 2021
—
Holligbery Ca & Cold Storage LLC
—
Deed
related
$2,400,000 · Wells Fargo Bank NA
Aug 6, 2021
—
Hollingbery Hop Storage LLC
—
Deed
related
—
Jul 11, 2019
—
Hollingbery Hop Storage LLC
C M Holtizinger Fruit Co LLC
Warranty Deed
$4,500,000 · Wells Fargo Bank NA
Aug 1, 2006
—
Cm Holtzinger Fruit Co LLC
—
Deed Of Trust
related
$4,000,000 · Banner Bank
Sep 17, 2004
—
Cm Holtzinger Fruit Co LLC
Holtzinger Fruit Co INC
Quit Claim Deed
related
—
Mar 30, 2004
—
Cm Holtzinger Fruit Co INC
—
Grant Deed
related
$1,000,000 · Intracorp Cap
—
—
Cm Holtzinger Fruit Co LLC
—
Deed Of Trust
related
$1,000,000 · Banner Bank
—
—
Cm Holtzinger Fruit Co LLC
—
Deed Of Trust
related
$2,000,000 · Intracorp Cap
—
—
Cm Holtzinger Fruit Co INC
—
Deed Of Trust
related
$1,750,000 · Fairway Commercial Mortgage
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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