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Property profile & analytics
OFF-MARKET
Manufacturing properties
1621 Vantage Hwy, Ellensburg, WA 98926-9001
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-1016211
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
1999
Total area
17,342 SF
Lot
3.66 ac (159,430 SF)
Zoning code
KC-C-G
APN
13191
UPID
US90-1016211
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
-
Iron Horse Brewery - Worldwide HQ Production Facility Brewery & Distillery
-
Iron Horse Production Facility Grocery & Convenience Store Food Market
-
Tacos Califas Restaurant
-
[ The Tap Room ] at Iron Horse Brewery Bar & Pub Restaurant
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
G & G Parker LLC · 13 yrs held
G & G Parker LLC
since 2012
5 recorded transactions
Zoning & alternative use
KC-C-G · Ellensburg, WA
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 Ellensburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellensburg 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
Property tax & assessments
Assessed value
$2,179,180
Assessed 2024
Previous assessed
$1,869,380
+16.6% YoY
Assessed land
$478,290
Assessed improvement
$1,700,890
Land market value
$478,290
Improvement market value
$1,700,890
Total market value
$2,179,180
Applied tax rate
18.0000
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
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Status
Off-Market
Year built
1999
Heating
SPACE
Cooling
WALL UNIT
Stories
1
Total area
17,342 SF
Lot
3.66 ac (159,430 SF)
Zoning code
KC-C-G
APN
13191
UPID
US90-1016211
Jurisdiction
KITTITAS
Zoning & alternative use
KC-C-G · Ellensburg, WA
Zoning KC-C-G · permitted uses
KC-C-G · Ellensburg, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellensburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
SPACE
Cooling
Yes
Stories
1
Lot
3.66 ac
Current owner
From public records · entity-resolved
G & G Parker LLC
Entity
Mailing address
1621 VANTAGE HWY, ELLENSBURG, WA 98926-9001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2021
—
G&g Parker LLC
—
Deed
related
$1,771,250 · Umpqua Bank
Jun 29, 2015
—
G & G Parker LLC
—
Trustees Deed
related
$1,271,600 · Bank Of The West
Jun 28, 2012
$1,080,000
G & G Parker LLC
Knudson,desmond P & Earlene F
Warranty Deed
$806,300 · Bank Of The West
May 19, 2011
—
Desmond P Knudson
Knudson,robert D & Margaret A
Quit Claim Deed
related
—
—
—
Desmond P Knudson
—
Deed Of Trust
related
$315,000 · Tower Investments INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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