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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Industrial properties
1365 Pitcher Cyn Rd Wenatchee, WA 98801-9448
Individually Owned
1-yr Hold
Property ID
US90-1909923
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
2012
Total area
2,076 SF
Lot
12.12 ac (527,947 SF)
APN
222028100050
UPID
US90-1909923
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
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Bryan Hopper · 1 yrs held
Bryan Hopper
since 2024
Last sale
$799,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$665,000
+217.3%
Auto repair, garage
$555,000
+163.7%
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 Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wenatchee 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
$850,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$665,000
Change: +217% · Conversion: Difficult
AUTO REPAIR, GARAGE
$555,000
Change: +164% · Conversion: Easy
Blend value · Realmo final
$835k
Range $820k – $837k · vs last sale $799k (May 13 2022)
Last sale anchor
$799k
May 13 2022
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
$402 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,401
Tax year 2023
Assessed value
$505,084
Assessed 2022
Previous assessed
$499,964
+1.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$167,289
Assessed improvement
$337,795
Land market value
$167,289
Improvement market value
$337,795
Total market value
$505,084
Applied tax rate
66.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
2012
Heating
HEAT PUMP
Bathrooms
2
Total area
2,076 SF
Lot
12.12 ac (527,947 SF)
APN
222028100050
UPID
US90-1909923
Jurisdiction
CHELAN
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
COMMERCIAL (GENERAL)
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$555,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2012
Heating
HEAT PUMP
Bathrooms
2
Lot
12.12 ac
Current owner
From public records · entity-resolved
Bryan Hopper
Individual
Mailing address
1365 PITCHER CYN RD, WENATCHEE, WA 98801-9448
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2024
$810,000
Bryan Hopper
Lynn Zielasko
Warranty Deed
$729,000 · Crosscountry Mortgage LLC
May 13, 2022
$799,000
Lynn M Zielasko
Terry L Van Hoven
Warranty Deed
$639,200 · Homebridge Financial Services INC
May 27, 2011
$90,000
Terry L Van Hoven
Pitcher Canyon Land Co LLC
Warranty Deed
$261,500 · Cashmere Valley Bank
Oct 25, 2010
—
Pitcher Canyon Land Co LLC
Sorom,jeb & Galen
Quit Claim Deed
related
—
Aug 7, 2006
$119,900
Jeb Sorom
Pitcher Canyon Land Co LLC
Warranty Deed
$99,920 · Pitcher Canyon Land Co LLC
Feb 24, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Jan 7, 2005
—
Pitcher Canyon Land Co LLC
Hyde,ann S
Quit Claim Deed
related
—
—
—
Terry L Van Hoven
—
Deed Of Trust
related
$280,000 · Pinnacle Capital Mortgage Corp
—
—
Terry L Van Hoven
—
Deed Of Trust
related
$280,000 · Pinnacle Capital Mortgage Corp
—
—
Terry L Van Hoven
—
Deed Of Trust
related
$348,697 · Quicken Lns
—
—
Terry L Van Hoven
—
Deed Of Trust
related
$342,750 · Quicken Lns
—
—
Terry L Van Hoven
—
Deed Of Trust
related
$409,600 · Quicken Lns
—
—
Terry L Van Hoven
—
Deed Of Trust
related
$430,000 · Numerica Cu
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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