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Property profile & analytics
OFF-MARKET
Auto shops
1603 Lewis St, Pasco, WA 99301-5035
Individually Owned
8-yr Hold
Free & Clear
Property ID
US90-0123822
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1955
Total area
2,969 SF
Lot
0.32 ac (13,939 SF)
APN
112215095
UPID
US90-0123822
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
-
Safelite AutoGlass General Contractor Renovation Specialist
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
Frank Lindstrom · 8 yrs held
Frank Lindstrom
since 2018
6 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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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 2021Property tax & assessments
Tax year 2021
Tax billed
$3,197
Tax year 2021
Assessed value
$487,200
Assessed 2023
Previous assessed
$318,400
+53.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$126,800
Assessed improvement
$360,400
Land market value
$126,800
Improvement market value
$360,400
Total market value
$487,200
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1955
Heating
SPACE
Buildings
2
Stories
1
Total area
2,969 SF
Lot
0.32 ac (13,939 SF)
APN
112215095
UPID
US90-0123822
Jurisdiction
FRANKLIN
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
1955
Heating
SPACE
Stories
1
Buildings
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Frank Lindstrom
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 2664, PASCO, WA 99302-2664
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
—
Skye Holdings LLC
—
Deed
related
$32,022 · Baker Boyer National Bank
Oct 3, 2019
—
Skye Holdings LLC
—
Deed
related
$309,025 · Baker Boyer National Bank
Jan 5, 2018
$185,000
Frank Lindstrom
Slipp,walter A & Gloria L
Warranty Deed
—
Jan 5, 2018
—
Skye Holdings LLC
Lindstrom,frank & Julie
Quit Claim Deed
related
—
Jul 16, 2002
$185,000
Frank Lindstrom
Slipp,walter A & Gloria L
—
$185,000 · Walter A & Gloria L Slipp
—
—
Frank Lindstrom
—
Deed Of Trust
related
$100,000 · Columbia Trust Bank
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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