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Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Warehouses
2000 Wheeler NE Rd, Moses Lake, WA 98837-5110
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1050484
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
35,736 SF
Lot
5.14 ac (223,898 SF)
APN
311752000
UPID
US90-1050484
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
by Request
CAP Approach
CAP
$3.93M
Comparable Approach
Comparable
$4.04M
Blend (final)
Blend
$3.54M
Owner & transaction history
Crittenden East Park LLC · 8 yrs held
Crittenden East Park LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.1M
+91.8%
Retail stores
$3.0M
+11.9%
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 Moses Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moses Lake 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,260,000
6.5%
$3,930,000
7%
$3,650,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,670,000
Current use
COMMERCIAL (GENERAL)
$5,120,000
Change: +92% · Conversion: Difficult
RETAIL STORES
$2,985,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±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
$99 / 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
Property tax & assessments
Assessed value
$5,026,362
Assessed 2023
Previous assessed
$3,298,505
+52.4% YoY
Assessed land
$211,703
Assessed improvement
$4,814,659
Land market value
$211,703
Improvement market value
$4,814,659
Total market value
$5,026,362
Applied tax rate
161.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
NONE
Buildings
3
Total area
35,736 SF
Lot
5.14 ac (223,898 SF)
APN
311752000
UPID
US90-1050484
Jurisdiction
GRANT
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
WAREHOUSE, STORAGE Current
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$5.1M
RETAIL STORES
Est. value
$3.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1996
Heating
NONE
Buildings
3
Lot
5.14 ac
Current owner
From public records · entity-resolved
Crittenden East Park LLC
Entity
Mailing address
5406 184TH ST E STE D, PUYALLUP, WA 98375-2489
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jan 18, 2018
—
Crittenden East Park LLC
Crittenden,odell D & Sandra J
Quitclaim Deed
related
—
Oct 2, 2017
—
Ark Leasing LLC
—
Deed
related
$2,200,000 · Pacific Continental Bank
May 1, 2007
$1,600,000
Ark Leasing LLC
Crittenden,odell D & Sandra J
Warranty Deed
$1,302,995 · Sterling Savings Bank
—
—
Ark Leasing LLC
—
Deed Of Trust
related
$250,000 · Sterling Savings Bank
—
—
Ark Leasing LLC
—
Deed Of Trust
related
$1,000,000 · Sterling Savings 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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