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Property profile & analytics
OFF-MARKET
Estimated value
$3,135,000
Hotels
1603 Yakima Ave Yakima, WA 98901-2179
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0987567
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Construction
WOOD
Total area
44,524 SF
Lot
1.97 ac (85,813 SF)
Zoning code
GC
APN
191320-21014
UPID
US90-0987567
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
-
Tesla Supercharger Electric Vehicle Charging Station
-
Baymont by Wyndham Yakima Riverfront Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.02M
Blend (final)
Blend
$3.14M
Owner & transaction history
Shree Sai LLC · 7 yrs held
Shree Sai LLC
since 2018
3 recorded transactions
Zoning & alternative use
GC · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the general commercial district is to accommodate wholesale and retail activities with some high-density residential development.
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,450.22 ac
Source
Realmo
Top alternative use upside
Office building
$4.9M
+78.4%
Industrial (general)
$4.2M
+53.6%
Auto repair, garage
$3.6M
+28.4%
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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,765,000
Current use
OFFICE BUILDING
$4,930,000
Change: +78% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,245,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,550,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$3,545,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.82M – $3.45M · ±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
$70 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$49,785
Tax year 2024
Assessed value
$5,476,500
Assessed 2024
Previous assessed
$5,733,400
-4.5% YoY
Effective rate
0.91%
On assessed value
Assessed land
$513,600
Assessed improvement
$4,962,900
Land market value
$513,600
Improvement market value
$4,962,900
Total market value
$5,476,500
Applied tax rate
331.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
4
Total area
44,524 SF
Lot
1.97 ac (85,813 SF)
Zoning code
GC
APN
191320-21014
UPID
US90-0987567
Jurisdiction
YAKIMA
Zoning & alternative use
GC · Yakima, WAZoning GC · permitted uses
GC · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the general commercial district is to accommodate wholesale and retail activities with some high-density residential development.
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,450.22 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.6M
RETAIL STORES
Est. value
$3.5M
HOTEL/MOTEL Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1985
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
4
Lot
1.97 ac
Current owner
From public records · entity-resolved
Shree Sai LLC
Entity
Mailing address
720 N WENATCHEE AVE, WENATCHEE, WA 98801-2062
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2018
$7,213,072
Shree Sai LLC
Curt Baney INC
Bargain And Sale Deed
$4,500,000 · Alaska USA FCU
Sep 26, 2018
$327
Shree Sai LLC
Curt Baney INC
Grant Deed
related
—
Dec 18, 2000
—
Curt Baney INC
Baney,curtis O
Quit Claim 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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