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Property profile & analytics
OFF-MARKET
Assisted living facilities
1428 1st Ave Kennewick, WA 99336-5060
Individually Owned
7-yr Hold
Property ID
US90-3234678
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2013
Construction
WOOD
Total area
4,148 SF
Lot
0.26 ac (11,247 SF)
APN
102891080001033
UPID
US90-3234678
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
-
From The Heart Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rizak Shay · 7 yrs held
Rizak Shay
since 2018
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 Kennewick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennewick 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$737,150
Assessed 2023
Previous assessed
$596,400
+23.6% YoY
Assessed land
$46,870
Assessed improvement
$690,280
Land market value
$46,870
Improvement market value
$690,280
Total market value
$737,150
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2013
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Rooms
11
Bathrooms
8
Total area
4,148 SF
Lot
0.26 ac (11,247 SF)
APN
102891080001033
UPID
US90-3234678
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
2013
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Rooms
11
Bathrooms
8
Lot
0.26 ac
Current owner
From public records · entity-resolved
Rizak Shay
Individual
Mailing address
1428 W 1ST AVE, KENNEWICK, WA 99336-5060
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2018
—
Rizak Shay
Paradise Ents INC
Grant Deed
—
Mar 11, 2016
—
From Heart Of Afh INC
Shay,rizak
Grant Deed
related
—
Mar 11, 2016
$375,000
Rizak Shay
Paradise Ents INC
Grant Deed
related
—
Dec 17, 2015
$375,000
Rizak Shay
Paradise Ents INC
Dual Purpose Document
related
$341,250 · Private Individual
Dec 17, 2015
—
From Heart Of Afh INC
Shay,rizak
Grant Deed
related
—
Apr 8, 2015
$242,450
Paradise Ents INC
Olson Peggy
Grant Deed
related
—
Jan 6, 2015
$242,450
Paradise Ents INC
Olson,peggy
Grant Deed
—
Oct 18, 2006
$10,000
Brian Olson
Fristed,kimberlie
Warranty Deed
—
Oct 1, 2004
—
Kimberlie Fristed
Duggan,billie
Quit Claim Deed
related
—
—
—
Rizak Shay
—
Deed Of Trust
related
$341,250 · Paradise Ents INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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