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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Retail properties & Spaces
2113 Lincoln Ave Yakima, WA 98902-2414
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-1914964
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,232 SF
Lot
1.22 ac (53,143 SF)
Zoning code
SCC
APN
181323-12045
UPID
US90-1914964
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
-
HeatWaves Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.23M
Owner & transaction history
Lc Investors LLC · 5 yrs held
Lc Investors LLC
since 2020
5 recorded transactions
Zoning & alternative use
SCC · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the small convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet community retail shopping and service needs.
Zone name
Small Convenience Center District
General category
COMMERCIAL
Zone area
309.25 ac
Source
Realmo
Top alternative use upside
Restaurant
$1.8M
+25.9%
Commercial (general)
$1.5M
+5.2%
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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$1,465,000
Current use
RESTAURANT
$1,845,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,540,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±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
$234 / 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
$9,563
Tax year 2024
Assessed value
$997,900
Assessed 2024
Previous assessed
$928,000
+7.5% YoY
Effective rate
0.96%
On assessed value
Assessed land
$287,000
Assessed improvement
$710,900
Land market value
$287,000
Improvement market value
$710,900
Total market value
$997,900
Applied tax rate
333.0000
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 properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
5,232 SF
Lot
1.22 ac (53,143 SF)
Zoning code
SCC
APN
181323-12045
UPID
US90-1914964
Jurisdiction
YAKIMA
Zoning & alternative use
SCC · Yakima, WAZoning SCC · permitted uses
SCC · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the small convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet community retail shopping and service needs.
Zone name
Small Convenience Center District
General category
COMMERCIAL
Zone area
309.25 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$1.5M
RESTAURANT
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
RESTAURANT
COMMERCIAL (GENERAL)
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
1.22 ac
Current owner
From public records · entity-resolved
Lc Investors LLC
Entity
Free & Clear · 5 yrs held
Mailing address
421 N 20TH AVE, YAKIMA, WA 98902-1836
Ownership since
2020
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
Dec 15, 2020
—
Lc Investors LLC
Howard E Maggard
Quit Claim Deed
related
—
Dec 13, 2019
—
Howard E Maggard
—
Grant Deed
related
$1,500,000 · First Interstate Bk
Dec 22, 2011
—
Howard E Maggard
—
Deed Of Trust
related
$2,136,564 · Wheatland Bank
Sep 22, 2009
—
Howard E Maggard
Maggard,patricia A
Quit Claim Deed
related
—
—
—
Howard E Maggard
—
Deed Of Trust
related
$240,000 · Yakima National 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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