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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Warehouses
20118 Rd 24th SW, Mattawa, WA 99349
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-1942066
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Total area
22,500 SF
Lot
6.64 ac (289,238 SF)
APN
313509000
UPID
US90-1942066
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
$2.48M
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$2.32M
Owner & transaction history
Wahluke Wine Co INC · 14 yrs held
Wahluke Wine Co INC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+127.0%
Commercial (general)
$2.7M
+58.6%
Retail stores
$2.0M
+17.3%
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 Mattawa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mattawa 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%
$2,680,000
6.5%
$2,475,000
7%
$2,300,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,690,000
Current use
RESTAURANT
$3,835,000
Change: +127% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,675,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$1,980,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±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
$103 / 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
$2,727,810
Assessed 2023
Previous assessed
$2,727,810
+0.0% YoY
Assessed land
$133,200
Assessed improvement
$2,594,610
Land market value
$133,200
Improvement market value
$2,594,610
Total market value
$2,727,810
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2010
Heating
NONE
Buildings
4
Total area
22,500 SF
Lot
6.64 ac (289,238 SF)
APN
313509000
UPID
US90-1942066
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
$1.7M
RESTAURANT
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.0M
WAREHOUSE, STORAGE Current
RESTAURANT
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
2010
Heating
NONE
Buildings
4
Lot
6.64 ac
Current owner
From public records · entity-resolved
Wahluke Wine Co INC
Entity
Mailing address
23934 RD 1ST SW, MATTAWA, WA 99349-5003
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
—
Wahluke Wine Company INC
—
Deed
related
$20,000,000 · Key Bank NA
Dec 3, 2021
—
Wahluke Wine Company INC
—
Deed
related
$15,000,000 · Key Bank NA
Nov 21, 2019
—
Wahluke Wine Co INC
—
Grant Deed
related
$7,700,000 · Keybank USA
Aug 22, 2018
—
Wahluke Wine Co INC
—
Deed
related
$8,800,000 · Keybank USA
Jul 23, 2018
—
Wahluke Wine Co INC
—
Deed
related
$8,800,000 · Keybank USA
Apr 26, 2013
—
Wahluke Wine Co INC
—
Deed Of Trust
related
$7,060,000 · Key Bank & Trust
Dec 29, 2011
—
Wahluke Wine Co INC
Port District 3 Of Grant Cnty
Warranty Deed
—
—
—
Wahluke Wine Co INC
—
Loan Modification
related
$8,800,000 · Keybank USA
—
—
Wahluke Wine Co INC
—
Deed Of Trust
related
$8,800,000 · Keybank USA
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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