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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Commercial land
1905 64th Ave Yakima, WA 98903
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-2660615
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
2.15 ac (93,654 SF)
Zoning code
SCC
APN
181333-32403
UPID
US90-2660615
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
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Kh Properties LLC · 5 yrs held
Kh Properties LLC
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
SCC · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the small convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet community retail shopping and service needs.
Zone name
Small Convenience Center District
General category
COMMERCIAL
Zone area
309.25 ac
Source
Realmo
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
$1,495,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Mar 5 2021)
Last sale anchor
$1.50M
Mar 5 2021
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
—
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
$11,205
Tax year 2024
Assessed value
$1,313,100
Assessed 2024
Previous assessed
$1,313,100
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,313,100
Land market value
$1,313,100
Total market value
$1,313,100
Applied tax rate
585.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
2.15 ac (93,654 SF)
Zoning code
SCC
APN
181333-32403
UPID
US90-2660615
Jurisdiction
YAKIMA
Zoning & alternative use
SCC · Yakima, WAZoning SCC · permitted uses
SCC · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the small convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet community retail shopping and service needs.
Zone name
Small Convenience Center District
General category
COMMERCIAL
Zone area
309.25 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
2.15 ac
Current owner
From public records · entity-resolved
Kh Properties LLC
Entity
Mailing address
6601 SCENIC DR, YAKIMA, WA 98908-2126
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2025
—
Kh Properties LLC
—
Deed
related
$1,750,000 · Umpqua Bank
Apr 29, 2024
—
Kh Properties LLC
—
Deed
related
$1,400,000 · Jackson Energy
Feb 22, 2024
—
Kh Properties LLC
—
Deed
related
$1,500,000 · Banner Bank
Oct 30, 2023
—
Kh Properties LLC
—
Deed
related
$1,500,000 · Bp Products North America INC
Aug 10, 2022
—
Kh Properties LLC
—
Deed
related
$3,413,000 · Banner Bank
Mar 5, 2021
—
Kh Properties LLC
Mick Properties LLC
Warranty Deed
$1,000,000 · Mick Properties LLC
Oct 23, 2006
—
Mick Properties LLC
Mick Living Trust
Quit Claim Deed
related
—
Jul 20, 2004
—
City Of Yakima
Mick Trust
Warranty 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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