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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Strip malls
1935 Ct St Pasco, WA 99301-3448
Individually Owned
4-yr Hold
Free & Clear
Property ID
US90-3304364
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1963
Total area
6,080 SF
Lot
0.39 ac (16,988 SF)
APN
113342286
UPID
US90-3304364
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
-
Vern Fonk Insurance Insurance Agency
-
Little Caesars Pizza Restaurant
-
Half Price Smokes (Bike/Boat/Book/etc) Store
-
Smart Start Ignition Interlock Auto Parts Store
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$677k
Blend (final)
Blend
$525k
Owner & transaction history
Dennis Timothy Marchand · 4 yrs held
Dennis Timothy Marchand
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$835,000
+37.3%
Restaurant
$810,000
+33.6%
Auto repair, garage
$750,000
+23.3%
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$605,000
Current use
MEDICAL BUILDING
$835,000
Change: +37% · Conversion: Difficult
RESTAURANT
$810,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$750,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$590,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$86 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$13,843
Tax year 2021
Assessed value
$1,603,100
Assessed 2023
Previous assessed
$1,603,100
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$467,500
Assessed improvement
$1,135,600
Land market value
$467,500
Improvement market value
$1,135,600
Total market value
$1,603,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1963
Heating
SPACE
Cooling
REFRIGERATOR
Stories
1
Total area
6,080 SF
Lot
0.39 ac (16,988 SF)
APN
113342286
UPID
US90-3304364
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$605,000
MEDICAL BUILDING
Est. value
$835,000
RESTAURANT
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$750,000
RETAIL STORES
Est. value
$675,000
INDUSTRIAL (GENERAL)
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1963
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Dennis Timothy Marchand
Individual
Free & Clear · 4 yrs held
Mailing address
261 W MARQUITA APT #4, SAN CLEMENTE, CA 92672-5154
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2022
—
Dennis Timothy Marchand
Dennis Marchand
Intrafamily Transfer
related
—
Jun 6, 2022
—
Dennis Marchard
Leo D Marchand
Grant Deed
—
Aug 31, 2020
$1,395,219
Marchand Trust
Starmark Real Estate III LLC
Warranty Deed
—
Sep 21, 2015
—
Starmark Real Estate III LLC
Mark Brenner
Warranty Deed
$775,239 · Cashmere Valley Bank
Dec 13, 2005
$1,450,000
Mark A Brenner
Rtfp LLC
Warranty Deed
$1,015,000 · Citibank Fsb
May 6, 2005
—
Rtfp LLC
—
Trustees Deed
related
$539,974 · Columbia River Bank
Sep 17, 2004
—
Rtfp LLC
—
Trustees Deed
related
$540,000 · Columbia River Bank
Apr 16, 2004
$400,000
Rtfp LLC
Geib,maurice L & Lois
Grant Deed
—
—
—
Rtfp LLC
—
Deed Of Trust
related
$922,500 · Columbia River Bank
—
—
Rtfp LLC
—
Deed Of Trust
related
$922,500 · Columbia River Bank
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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