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Property profile & analytics
OFF-MARKET
Retail space
151 Division St Grandview, WA 98930-1355
Entity Owned
~
Est. High Equity
Property ID
US90-0327596
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,424 SF
Lot
0.13 ac (5,663 SF)
Zoning code
C2
APN
230923-12475
UPID
US90-0327596
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Elevatex LLC
Elevatex LLC
since 2025
Last sale
$100,000
7 recorded transactions
Zoning & alternative use
C2 · Grandview, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 17.42.010 Purpose. § 17.42.020 Permitted uses. § 17.42.030 Permitted accessory uses. § 17.42.040 Limitations on permitted uses. § 17.42.050 Permitted conditional uses. § 17.42.060 Development standards. Chapter 17.44 C-2 GENERAL BUSINESS DISTRICT § 17.44.010 Purpose. § 17.44.020 Permitted uses. § 17.44.030 Permitted accessory uses. § 17.44.040 Limitations…
Zone name
General Business
General category
COMMERCIAL
Zone area
191.09 ac
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 Grandview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grandview 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
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,093
Tax year 2024
Assessed value
$124,550
Assessed 2024
Previous assessed
$111,800
+11.4% YoY
Effective rate
0.88%
On assessed value
Assessed land
$23,750
Assessed improvement
$100,800
Land market value
$23,750
Improvement market value
$100,800
Total market value
$124,550
Applied tax rate
440.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
4,424 SF
Lot
0.13 ac (5,663 SF)
Zoning code
C2
APN
230923-12475
UPID
US90-0327596
Jurisdiction
YAKIMA
Zoning & alternative use
C2 · Grandview, WAZoning C2 · permitted uses
C2 · Grandview, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 17.42.010 Purpose. § 17.42.020 Permitted uses. § 17.42.030 Permitted accessory uses. § 17.42.040 Limitations on permitted uses. § 17.42.050 Permitted conditional uses. § 17.42.060 Development standards. Chapter 17.44 C-2 GENERAL BUSINESS DISTRICT § 17.44.010 Purpose. § 17.44.020 Permitted uses. § 17.44.030 Permitted accessory uses. § 17.44.040 Limitations on permitted uses. § 17.44.050 Conditional uses. § 17.44.060 Development standards
Zone name
General Business
General category
COMMERCIAL
Zone area
191.09 ac
Building & site characteristics
From public records
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Elevatex LLC
Entity
Mailing address
28094 STATE RTE 22, MABTON, WA 98935-9575
Ownership since
2025
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
Sep 24, 2025
$100,000
Elevatex LLC
Gregorio P Munoz
Warranty Deed
$95,000 · Gregorio P Munoz Etux
Jun 23, 2017
—
Gregorio P Munoz
Lepez,matilde
Quit Claim Deed
related
—
Apr 15, 2009
$72,673
Graciela Sanchez
Olivera,rafael & Natividad
Warranty Deed
—
Mar 10, 2009
—
Graciela Sanchez
Garibay,trinidad
Warranty Deed
—
Mar 8, 2006
—
Matilde Lepez
Sanchez,graciela
Quit Claim Deed
related
—
Dec 6, 2000
$73,000
Graciela Sanchez
Olivera,rafael & Natividad
—
$26,659 · Rafael & Natividad
Oct 10, 1995
$57,000
Rafael Olivera
Johnson,johnson Trust
Grant Deed
$47,000 · Seller
—
—
Graciela S Torrez
—
Deed Of Trust
related
$12,000 · Dyle Realty LP
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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