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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Industrial properties
201 Elmwood Rd Toppenish, WA 98948-9779
Entity Owned
14-yr Hold
Free & Clear
Property ID
US90-0987134
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1999
Construction
METAL FRAME
Total area
10,800 SF
Lot
75.58 ac (3,292,265 SF)
Zoning code
M1
APN
201009-21400
UPID
US90-0987134
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
-
AB Foods LLC Big Box & Wholesale Store Food Market
-
Washington Beef LLC Butcher Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.48M
Owner & transaction history
County Of Yakima · 14 yrs held
County Of Yakima
since 2011
6 recorded transactions
Zoning & alternative use
M1 · Toppenish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+18.1%
Medical building
$1.8M
+14.2%
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 Toppenish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toppenish 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%
$1,425,000
6.5%
$1,315,000
7%
$1,225,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,590,000
Current use
OFFICE BUILDING
$1,875,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$1,815,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,415,000
Change: -11% · Conversion: Easy
RETAIL STORES
$1,370,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$137 / 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
$104,422
Tax year 2024
Assessed value
$11,013,200
Assessed 2024
Previous assessed
$9,719,700
+13.3% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,030,300
Assessed improvement
$9,982,900
Land market value
$1,030,300
Improvement market value
$9,982,900
Total market value
$11,013,200
Applied tax rate
482.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1999
Construction
METAL FRAME
Heating
SPACE
Cooling
YES
Buildings
9
Stories
1
Total area
10,800 SF
Lot
75.58 ac (3,292,265 SF)
Zoning code
M1
APN
201009-21400
UPID
US90-0987134
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Toppenish, WA
Zoning M1 · permitted uses
M1 · Toppenish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toppenish. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1999
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
9
Lot
75.58 ac
Current owner
From public records · entity-resolved
County Of Yakima
Entity
Free & Clear · 14 yrs held
Mailing address
201 ELMWOOD RD, TOPPENISH, WA 98948-9779
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Aug 13, 2021
—
Washington Beff LLC
—
Deed
related
$106,260,000 · Northwest Farm Credit Services Flca
Jun 30, 2017
—
Washington Beef LLC
—
Loan Modification
related
$225,000,000 · Bank Of America
Mar 21, 2012
—
Washington Beef LLC
—
Deed Of Trust
related
$228,350,000 · Bank Of America
Sep 19, 2011
—
County Of Yakima
Washington Beef LLC
Warranty Deed
—
Sep 24, 2007
—
State Of Washington Dept/transpor
Washington Beef LLC
Quit Claim Deed
—
—
—
Washington Beef LLC
—
Deed Of Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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