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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Warehouses
1510 Basin SW St Ephrata, WA 98823-2154
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US90-0950399
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Total area
6,418 SF
Lot
1 ac (43,560 SF)
APN
312739000
UPID
US90-0950399
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
-
Hales Farm and Feeds Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$695k
Owner & transaction history
Ephrata Bailey LLC · 16 yrs held
Ephrata Bailey LLC
since 2009
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+127.0%
Commercial (general)
$695,000
+44.3%
Retail stores
$565,000
+17.3%
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 Ephrata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ephrata 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$480,000
Current use
RESTAURANT
$1,095,000
Change: +127% · Conversion: Difficult
COMMERCIAL (GENERAL)
$695,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$565,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±10%
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
$108 / 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
Property tax & assessments
Assessed value
$1,219,883
Assessed 2023
Previous assessed
$706,220
+72.7% YoY
Assessed land
$130,680
Assessed improvement
$1,089,203
Land market value
$130,680
Improvement market value
$1,089,203
Total market value
$1,219,883
Applied tax rate
165.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
2
Total area
6,418 SF
Lot
1 ac (43,560 SF)
APN
312739000
UPID
US90-0950399
Jurisdiction
GRANT
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
WAREHOUSE, STORAGE Current
Est. value
$480,000
RESTAURANT
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$695,000
RETAIL STORES
Est. value
$565,000
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
2008
Heating
NONE
Buildings
2
Lot
1 ac
Current owner
From public records · entity-resolved
Ephrata Bailey LLC
Entity
Mailing address
19300 MERRIDY ST, NORTHRIDGE, CA 91324-1130
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2020
—
Ephrata Bailey LLC
—
Deed
related
—
Dec 9, 2009
$1,122,680
Ephrata Bailey LLC
T & N Properties Lc
Warranty Deed
$590,000 · Us Bank NA
Aug 25, 2009
—
T Lc
—
Trustees Deed
related
$824,431 · First Clover Leaf Bank
Jul 16, 2009
—
T Lc
Mt Russel Dev LLC
Warranty Deed
—
Apr 16, 2007
$326,000
Mt Russel Dev LLC
Samis Foundation
Warranty Deed
—
Apr 16, 2007
—
Mount Russell Dev LLC
—
Trustees Deed
related
$830,000 · Bmc Cl LP
Nov 1, 1985
$67,500
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
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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