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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Retail space
1407 Maiden Ln Wenatchee, WA 98801-1024
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1907923
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
6,784 SF
Lot
0.77 ac (33,541 SF)
APN
232028820005
UPID
US90-1907923
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
-
Seasonally Living by Chim Chimney Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.55M
Owner & transaction history
Jmk Legacy Holdings LLC · 2 yrs held
Jmk Legacy Holdings LLC
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+67.5%
Auto repair, garage
$1.8M
+39.1%
Apartment house (5+ units)
$1.7M
+33.1%
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
$1,550,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
$1,135,000
6.5%
$1,050,000
7%
$975,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,300,000
Current use
COMMERCIAL (GENERAL)
$2,180,000
Change: +67% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,810,000
Change: +39% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,730,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,600,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±10% · vs last sale $1.55M (Jan 3 2024)
Last sale anchor
$1.55M
Jan 3 2024
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
$228 / 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
$7,372
Tax year 2023
Assessed value
$833,419
Assessed 2022
Previous assessed
$641,187
+30.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$402,494
Assessed improvement
$430,925
Land market value
$402,494
Improvement market value
$430,925
Total market value
$833,419
Applied tax rate
802.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Heating
NONE
Total area
6,784 SF
Lot
0.77 ac (33,541 SF)
APN
232028820005
UPID
US90-1907923
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
RETAIL STORES Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE 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
2005
Heating
NONE
Lot
0.77 ac
Current owner
From public records · entity-resolved
Jmk Legacy Holdings LLC
Entity
Mailing address
495 BALSAMROOT LN, CASHMERE, WA 98815-6003
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
—
Jmk Legacy Holdings LLC
—
Deed
related
$1,607,393 · Cashmere Valley Bank
Jan 3, 2024
$1,548,233
Jmk Legacy Holdings LLC
Central Wa LLC
Warranty Deed
$1,000,000 · Banner Bank
Sep 3, 2020
—
Central Wa LLC
Sjc Holdings LLC
Quit Claim Deed
related
—
May 5, 2016
—
Sjc Holdings LLC
—
Deed
related
$240,823 · Washington Trust Bank
Sep 22, 2005
—
Sjc Holdings LLC
Carson,stanley J
Quit Claim Deed
related
—
—
—
Sjc Holdings LLC
—
Deed Of Trust
related
$360,000 · Washington Trust Bank
—
—
Sjc Holdings LLC
—
Loan Modification
related
$135,533 · Washington Trust Bank
—
—
Sjc Holdings LLC
—
Deed Of Trust
related
$364,000 · Northwest Busn Dev Assn
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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