Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Office buildings
1415 Riv Rd Yakima, WA 98902-1326
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-0102331
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1971
Construction
MANUFACTURED
Total area
1,242 SF
Lot
1.96 ac (85,378 SF)
Zoning code
LCC
APN
181313-22010
UPID
US90-0102331
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
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$905k
Owner & transaction history
Kershaw Fruit & Cold Storage Co LLC · 2 yrs held
Kershaw Fruit & Cold Storage Co LLC
since 2023
Last sale
$907,774
5 recorded transactions
Zoning & alternative use
LCC · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the large convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet the retail shopping and service needs of the community.
Zone name
Large Convenience Center District
General category
COMMERCIAL
Zone area
97.36 ac
Source
Realmo
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
$895,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $908k (Dec 29 2023)
Last sale anchor
$908k
Dec 29 2023
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
$729 / 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
$6,994
Tax year 2024
Assessed value
$786,400
Assessed 2024
Previous assessed
$799,200
-1.6% YoY
Effective rate
0.89%
On assessed value
Assessed land
$426,900
Assessed improvement
$359,500
Land market value
$426,900
Improvement market value
$359,500
Total market value
$786,400
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1971
Construction
MANUFACTURED
Heating
FORCED AIR
Cooling
NONE
Buildings
5
Stories
1
Rooms
5
Bathrooms
2
Total area
1,242 SF
Lot
1.96 ac (85,378 SF)
Zoning code
LCC
APN
181313-22010
UPID
US90-0102331
Jurisdiction
YAKIMA
Zoning & alternative use
LCC · Yakima, WAZoning LCC · permitted uses
LCC · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the large convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet the retail shopping and service needs of the community.
Zone name
Large Convenience Center District
General category
COMMERCIAL
Zone area
97.36 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1971
Construction
MANUFACTURED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Rooms
5
Bathrooms
2
Lot
1.96 ac
Current owner
From public records · entity-resolved
Kershaw Fruit & Cold Storage Co LLC
Entity
Free & Clear · 2 yrs held
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
—
Kershaw Fruit & Cold Storage Co LLC
Super Cold Storage LLC
Quit Claim Deed
related
—
Jun 13, 2016
$907,774
Super Cold Storage LLC
Cascade Self Storage LLC
Warranty Deed
—
Jan 9, 2013
—
City Of Yakima
Cascade Self Storage LLC
Warranty Deed
—
Nov 30, 2009
—
Cascade Self Storage LLC
Deg,raymond L & Lois C
Warranty Deed
$375,000 · Banner Bank
Aug 4, 2006
$425,000
Cascade Self Storage LLC
Deg,raymond L & Lois C
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1415 Riv Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
