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Property profile & analytics
OFF-MARKET
Investment properties
203 4th Ave, Pasco, WA 99301-5322
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0052447
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1953
Total area
2,016 SF
Lot
0.43 ac (18,731 SF)
APN
112052350
UPID
US90-0052447
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
-
VELOCY TAX Tax Preparation
-
Estilissimo Salon Hair Salon Nail Salon
-
La Tijera Y Mas Hair Salon Nail Salon
-
Fresh Fades Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Washington Insurance Agency INC · 11 yrs held
Washington Insurance Agency INC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,798
Tax year 2021
Assessed value
$908,000
Assessed 2023
Previous assessed
$908,000
+0.0% YoY
Effective rate
0.53%
On assessed value
Assessed land
$234,400
Assessed improvement
$673,600
Land market value
$234,400
Improvement market value
$673,600
Total market value
$908,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1953
Heating
CENTRAL
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Total area
2,016 SF
Lot
0.43 ac (18,731 SF)
APN
112052350
UPID
US90-0052447
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1953
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Washington Insurance Agency INC
Entity
Mailing address
203 N 4TH AVE, PASCO, WA 99301-5322
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2021
—
Washington Insurance Agency INC
—
Deed
related
$25,000 · Umpqua Bank
Jul 29, 2014
$300,000
Washington Insurance Agency INC
Ntch Wa INC
Warranty Deed
$241,661 · Umpqua Bank
May 17, 2011
—
Ntch-wa INC
No Apples Vi-downtown Pasco Ll
Warranty Deed
—
May 31, 2007
$250,000
Ntch-wa INC
No Apples Vi-downtown Pasco Ll
Grant Deed
—
May 21, 2003
—
No Apples Vi-downtown Pasco Ll
—
Deed Of Trust
related
$2,025,000 · Pacifica Bank
—
—
No Apples Vi Downtown Pasco Lc
—
Deed Of Trust
related
$251,326 · City Bank
—
—
No Apples Vi-downtown Pasco Ll
—
Deed Of Trust
related
$160,896 · City 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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