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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Commercial real estate
19 Mcelmurry Ln, East Wenatchee, WA 98802-9235
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-1851608
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Construction
METAL FRAME
Total area
25,055 SF
Lot
5 ac (217,800 SF)
Zoning code
R-L
APN
23202630017
UPID
US90-1851608
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
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$815k
Owner & transaction history
Columbia Grove Covenant Church · 12 yrs held
Columbia Grove Covenant Church
since 2014
5 recorded transactions
Zoning & alternative use
R-L · East Wenatchee, 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 East Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Wenatchee 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
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$33 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$2,315,700
Assessed 2023
Previous assessed
$2,315,700
+0.0% YoY
Assessed land
$153,200
Assessed improvement
$2,162,500
Land market value
$153,200
Improvement market value
$2,162,500
Total market value
$2,315,700
Applied tax rate
55.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
1
Total area
25,055 SF
Lot
5 ac (217,800 SF)
Zoning code
R-L
APN
23202630017
UPID
US90-1851608
Jurisdiction
DOUGLAS
Zoning & alternative use
R-L · East Wenatchee, WA
Zoning R-L · permitted uses
R-L · East Wenatchee, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Wenatchee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
METAL FRAME
Heating
HEAT PUMP
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Columbia Grove Covenant Church
Entity
Mailing address
19 MCELMURRY LN, EAST WENATCHEE, WA 98802-9235
Ownership since
2014
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
Aug 22, 2022
—
Columbia Grove Covenant Churchs
—
Deed
related
$1,970,000 · National Covenant Properties
Mar 17, 2014
$2,100,100
Columbia Grove Covenant Church
Assemblies Of God Ln Fund
Trustees Deed
$2,137,500 · Foundation Cap Rsrcs
May 16, 2011
—
Assemblies Fund
Mountain View Assembly Of God/eas
Quit Claim Deed
—
Dec 8, 2010
—
Eastmont Assembly Of God
Mtn View Assembly Of God
Grant Deed
related
—
Jun 30, 2004
—
Eastmont Assembly Of God
Eastmont Assembly Of God
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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