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Property profile & analytics
OFF-MARKET
Retail space
213 Yakima Ave Yakima, WA 98902-3405
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1010084
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,000 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CBD
APN
181324-14434
UPID
US90-1010084
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
-
H&H Furniture Interior Design
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
Jose L Morales · 1 yrs held
Jose L Morales
since 2024
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
CBD · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the central business district is to preserve the business district of the city of Yakima as the regions center of commerce, finance, government, industry, recreation, and culture.
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
283.47 ac
Source
Realmo
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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,259
Tax year 2024
Assessed value
$249,350
Assessed 2024
Previous assessed
$249,350
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$53,350
Assessed improvement
$196,000
Land market value
$53,350
Improvement market value
$196,000
Total market value
$249,350
Applied tax rate
331.0000
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
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
2
Total area
13,000 SF
Lot
0.15 ac (6,534 SF)
Zoning code
CBD
APN
181324-14434
UPID
US90-1010084
Jurisdiction
YAKIMA
Zoning & alternative use
CBD · Yakima, WAZoning CBD · permitted uses
CBD · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the central business district is to preserve the business district of the city of Yakima as the regions center of commerce, finance, government, industry, recreation, and culture.
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
283.47 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Jose L Morales
Individual
Mailing address
808 W EDISON RD, SUNNYSIDE, WA 98944-9266
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2024
$400,000
Jose L Morales
Mark Peterson
Warranty Deed
$300,000 · Spokane Teacher Cu
Mar 25, 2014
—
Mark Peterson
Peterson,carrie
Quit Claim Deed
related
—
Sep 7, 1999
$142,500
Mark S Peterson
Kellogg,lance R
Grant Deed
$150,594 · Central Valley Bank
Nov 20, 1998
—
Lance R Kellogg
Park,saeng J
Grant Deed
related
—
Apr 20, 1994
$176,207
Saeng J Park
Kellogg,lance R & Jolene A
Grant Deed
$200,000 · Seller
Jul 2, 1992
$94,550
Lance Richard Kellogg
Unknown
Grant Deed
—
—
—
Mark S Peterson
—
Deed Of Trust
related
$11,000 · Central Valley Bank
—
—
Mark S Peterson
—
Deed Of Trust
related
$123,100 · Bank Of The West
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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