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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Auto shops
1451 Us Hwy 2nd 2 Leavenworth, WA 98826-1458
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1959525
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1991
Total area
3,027 SF
Lot
0.53 ac (23,087 SF)
APN
241701675070
UPID
US90-1959525
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
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.90M
Owner & transaction history
City Of Leavenworth · 1 yrs held
City Of Leavenworth
since 2024
Last sale
$1.9M
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 Leavenworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leavenworth 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.90M (Aug 29 2024)
Last sale anchor
$1.90M
Aug 29 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
$628 / 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
$7,433
Tax year 2023
Assessed value
$789,236
Assessed 2022
Previous assessed
$782,009
+0.9% YoY
Effective rate
0.94%
On assessed value
Assessed land
$461,736
Assessed improvement
$327,500
Land market value
$461,736
Improvement market value
$327,500
Total market value
$789,236
Applied tax rate
606.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1991
Heating
NONE
Total area
3,027 SF
Lot
0.53 ac (23,087 SF)
APN
241701675070
UPID
US90-1959525
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
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Lot
0.53 ac
Current owner
From public records · entity-resolved
City Of Leavenworth
Entity
Mailing address
2615 58TH AVE SW, SEATTLE, WA 98116-2227
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
$1,900,000
City Of Leavenworth
Willkommen LLC
Warranty Deed
—
Apr 14, 2023
—
Thomas Y K Lin
—
Deed
related
$2,500,000 · Janice Schindelbeck Ira
Feb 4, 2022
—
Willkommen LLC
—
Deed
related
$4,250,000 · South Point Capital LLC
Mar 29, 2021
—
Willkommen LLC
—
Deed
related
$400,000 · James Wuerch
Jun 13, 2019
—
Willkommen LLC
—
Deed
related
$600,000 · Executive Inv
Feb 25, 2019
$640,000
Willkommen LLC
Spence,gary
Warranty Deed
—
Jun 3, 2010
—
Robert K Johnson
Vacation International INC
Quit Claim Deed
related
—
Nov 26, 2007
—
Gary Spence
Judy Spence
Intrafamily Transfer
related
$350,000 · Peoples Bank
—
—
Willkommen LLC
—
Deed Of Trust
related
$600,000 · Executive Inv
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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