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Property profile & analytics
OFF-MARKET
Estimated value
$295,000
Retail space
201 1st St Selah, WA 98942-1304
Entity Owned
10-yr Hold
Free & Clear
Property ID
US90-1986757
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,628 SF
Lot
0.43 ac (18,731 SF)
Zoning code
BCOM
APN
181436-33498
UPID
US90-1986757
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
-
Anytime Fitness Gym & Fitness Center
-
Matthew Frank Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$973k
Blend (final)
Blend
$295k
Owner & transaction history
Bradshaw Investments LLC · 10 yrs held
Bradshaw Investments LLC
since 2016
7 recorded transactions
Zoning & alternative use
BCOM · Selah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Ordinances | Selah, WA
Top alternative use upside
Industrial (general)
$1.3M
+16.0%
Auto repair, garage
$1.1M
+3.1%
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 Selah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selah 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,095,000
Current use
INDUSTRIAL (GENERAL)
$1,270,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,130,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$295k
Range $266k – $325k · ±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
$34 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,484
Tax year 2024
Assessed value
$746,500
Assessed 2024
Previous assessed
$676,700
+10.3% YoY
Effective rate
0.87%
On assessed value
Assessed land
$93,700
Assessed improvement
$652,800
Land market value
$93,700
Improvement market value
$652,800
Total market value
$746,500
Applied tax rate
400.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
8,628 SF
Lot
0.43 ac (18,731 SF)
Zoning code
BCOM
APN
181436-33498
UPID
US90-1986757
Jurisdiction
YAKIMA
Zoning & alternative use
BCOM · Selah, WAZoning BCOM · permitted uses
BCOM · Selah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinances | Selah, WA
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Bradshaw Investments LLC
Entity
Free & Clear · 10 yrs held
Mailing address
5611 SUMMITVIEW AVE, YAKIMA, WA 98908-3039
Ownership since
2016
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
Sep 19, 2019
—
Bradshaw Investments LLC
—
Deed
related
$1,162,500 · Columbia St Bk
Mar 1, 2016
—
Bradshaw Investments LLC
Bradshaw,wesley
Quit Claim Deed
related
—
Aug 20, 2015
—
Wesley Bradshaw
Bradshaw,robyn
Quit Claim Deed
related
—
Aug 20, 2015
$617,000
Wesley Bradshaw
Aarowhead LLC
Warranty Deed
$500,000 · Columbia State Bank
Apr 5, 2011
$526,524
Terry A Korsvik
Nehls,david & Nora A
Warranty Deed
—
Mar 31, 2011
$400,000
Aarrowhead LLC
Korsvik,terry & Sharon
Warranty Deed
$384,125 · Banner Bank
Nov 14, 2008
—
Terry A Korsvik
Korsvik,teresa
Quit Claim Deed
related
—
—
—
Aarowhead LLC
—
Deed Of Trust
related
$178,000 · Evergreen Business Capital
—
—
Bradshaw Investments LLC
—
Loan Modification
related
$1,162,500 · Columbia St Bk
—
—
Aarrowhead LLC
—
Loan Modification
related
$213,403 · Banner 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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