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Property profile & analytics
OFF-MARKET
Estimated value
$8,190,000
Refrigerated & Cold Storage
1720 Ahtanum Rd, Union Gap, WA 98903-1800
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-2971035
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,880 SF
Lot
2.85 ac (124,146 SF)
Zoning code
M2
APN
181201-41421
UPID
US90-2971035
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
$7.66M
CAP Approach
CAP
$5.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.19M
Owner & transaction history
Agwest Farm Credit Pca · 1 yrs held
Agwest Farm Credit Pca
since 2025
7 recorded transactions
Zoning & alternative use
M2 · Union Gap, 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 Union Gap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Gap 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
$7,660,000
CAP Approach
CAP Return
Estimation
6%
$5,755,000
6.5%
$5,310,000
7%
$4,935,000
Blend value · Realmo final
$8.19M
Range $7.37M – $9.01M · ±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
$228 / 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
$12,863
Tax year 2024
Assessed value
$1,531,200
Assessed 2024
Previous assessed
$1,391,100
+10.1% YoY
Effective rate
0.84%
On assessed value
Assessed land
$248,300
Assessed improvement
$1,282,900
Land market value
$248,300
Improvement market value
$1,282,900
Total market value
$1,531,200
Applied tax rate
330.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Stories
1
Total area
35,880 SF
Lot
2.85 ac (124,146 SF)
Zoning code
M2
APN
181201-41421
UPID
US90-2971035
Jurisdiction
YAKIMA
Zoning & alternative use
M2 · Union Gap, WA
Zoning M2 · permitted uses
M2 · Union Gap, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union Gap. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
2
Lot
2.85 ac
Current owner
From public records · entity-resolved
Agwest Farm Credit Pca
Individual
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
—
Agwest Farm Credit Pca
Columbia Valley Fruit LLC
Deed
—
Mar 22, 2024
—
Gilbert Orchards INC
—
Deed
related
—
Sep 29, 2023
$18,573,939
Goat Rocks Fruit LLC
Columbia Valley Fruit LLC
Warranty Deed
$6,963,887 · Columbia Valley Reuit LLC
Dec 30, 2019
—
Columbia Valley Fruit LLC
—
Grant Deed
related
$8,060,000 · Northwest Farm Credit Svcs Flc
Jul 9, 2018
—
Columbia Valley Fruit LLC
—
Deed
related
$750,000 · Farm Credit Svcs
Jul 17, 2017
—
Columbia Valley Fruit LLC
—
Deed
related
$517,000 · Farm Credit Svcs
May 23, 2016
—
Columbia Valley Fruit LLC
—
Deed
related
$6,000,000 · Farm Credit Svcs
—
—
Columbia Valley Fruit LLC
—
Deed Of Trust
related
$750,000 · Farm Credit Svcs
—
—
Columbia Valley Fruit LLC
—
Loan Modification
related
$300,000 · Farm Credit Svcs
—
—
Columbia Valley Fruit LLC
—
Deed Of Trust
related
$6,000,000 · Farm Credit Svcs
—
—
Columbia Valley Fruit LLC
—
Deed Of Trust
related
$517,000 · Farm Credit Svcs
—
—
Columbia Valley Fruit LLC
—
Deed Of Trust
related
$750,000 · Farm Credit Svcs
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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