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Property profile & analytics
OFF-MARKET
Estimated value
$2,050,000
Commercial real estate
1400 Bombing Range Rd West Richland, WA 99353-5536
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-2235529
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Construction
CONCRETE
Total area
4,336 SF
Lot
0.9 ac (39,208 SF)
APN
106984020215005
UPID
US90-2235529
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
$2.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$2.05M
Owner & transaction history
Simran 1 LLC · 3 yrs held
Simran 1 LLC
since 2022
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
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 West Richland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Richland 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
$2,085,000
ML approach
$2,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.05M
Range $1.85M – $2.26M · ±10% · vs last sale $2.05M (Jul 15 2022)
Last sale anchor
$2.05M
Jul 15 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
$473 / 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
Property tax & assessments
Assessed value
$1,949,770
Assessed 2023
Previous assessed
$1,935,070
+0.8% YoY
Assessed land
$308,730
Assessed improvement
$1,641,040
Land market value
$308,730
Improvement market value
$1,641,040
Total market value
$1,949,770
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
YES
Cooling
WALL UNIT
Stories
1
Total area
4,336 SF
Lot
0.9 ac (39,208 SF)
APN
106984020215005
UPID
US90-2235529
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Simran 1 LLC
Entity
Mailing address
1400 BOMBING RANGE RD, WEST RICHLAND, WA 99353-5536
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2022
$2,453,652
Simran 1 LLC
Sallan LLC
Warranty Deed
$500,000 · Sailan LLC
Jul 15, 2022
$2,050,000
Simran 1 LLC
Sallan LLC
Warranty Deed
$500,000 · Sailan LLC
Mar 28, 2019
—
Sallan LLC
—
Deed
related
—
Aug 29, 2018
$2,400,000
Sallan LLC
Bombing Range Investments LLC
Warranty Deed
—
Aug 29, 2018
—
Sallan LLC
—
Deed
related
$1,500,000 · Standard Life Ins Co/ny
Sep 9, 2009
—
Bombing Range Investments LLC
Capital Advancement Solutions
Quit Claim Deed
related
—
—
—
Sallan LLC
—
Deed Of Trust
related
—
—
—
Capital Advancement Solutions
—
Deed Of Trust
related
$1,500,000 · Standard Insurance Co
—
—
Sallan LLC
—
Loan Modification
related
$1,500,000 · Standard Life Ins Co/ny
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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