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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Retail space
198 Ponderosa Rd, Colville, WA 99114-2003
Trust Owned
1-yr Hold
Free & Clear
Property ID
US90-2050094
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Total area
5,850 SF
Lot
1.28 ac (55,887 SF)
APN
43255
UPID
US90-2050094
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
-
DaVita Echo Valley Dialysis Medical Clinic
-
Monumental Health and Wellness Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$792k
Blend (final)
Blend
$1.15M
Owner & transaction history
Morse Family Trust · 1 yrs held
Morse Family Trust
since 2025
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$990,000
+77.3%
Office building
$760,000
+36.1%
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 Colville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colville 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
$1,150,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
$1,010,000
6.5%
$935,000
7%
$865,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$990,000
Change: +77% · Conversion: Difficult
OFFICE BUILDING
$760,000
Change: +36% · Conversion: Easy
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Sep 13 2024)
Last sale anchor
$1.15M
Sep 13 2024
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
$197 / 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
Tax billed
$7,007
Tax year 2023
Assessed value
$1,012,111
Assessed 2023
Previous assessed
$1,012,111
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$114,534
Assessed improvement
$897,577
Land market value
$114,534
Improvement market value
$897,577
Total market value
$1,012,111
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
5,850 SF
Lot
1.28 ac (55,887 SF)
APN
43255
UPID
US90-2050094
Jurisdiction
STEVENS
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
AUTO REPAIR, GARAGE
Est. value
$990,000
OFFICE BUILDING
Est. value
$760,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2002
Heating
NONE
Stories
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Morse Family Trust
Trust
Free & Clear · 1 yrs held
Mailing address
PO BOX 5518, WALNUT CREEK, CA 94596-1518
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2025
—
Morse Family Trust
Donald W Morse
Deed
related
—
Sep 13, 2024
$1,149,967
Donald W Morse
Rubicon Investments INC
Warranty Deed
$690,000 · Us Bank NA
Sep 5, 2024
—
Franklin M Battat
Franklin M Battat
Deed
related
—
Dec 30, 2019
—
Rubicon Investments INC
Airport Center 1 LLC
Quit Claim Deed
related
—
Dec 10, 2015
$1,200,000
Airport Center LLC
Edg Dv Colville LLC
Bargain And Sale Deed
$840,000 · Umpqua Bank
Aug 15, 2014
$720,000
Edg Dv Colville LLC
Hudesman Colville LLC
Warranty Deed
$801,000 · Umpqua 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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