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Property profile & analytics
OFF-MARKET
Estimated value
$4,815,000
Medical Office Space
2205 Lincoln Ave Yakima, WA 98902-2437
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US90-0604653
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
WOOD
Total area
24,771 SF
Lot
2.03 ac (88,427 SF)
Zoning code
SCC
APN
181323-12469
UPID
US90-0604653
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
-
Janssen Dustin S DDS Dental Office
-
Dr. Asia R. Dela Cruz, DDS Physician
-
View Crest Pediatric Dentistry Medical Clinic
-
Dr. Mark Koday, DDS Dental Office
-
Dr. James T. Milledge, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.07M
Comparable Approach
Comparable
$4.99M
Blend (final)
Blend
$4.82M
Owner & transaction history
Yakima Valley Farm Workers Cli · 22 yrs held
Yakima Valley Farm Workers Cli
since 2004
2 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
Commercial (general)
$7.3M
+157.6%
Industrial (general)
$4.0M
+42.4%
Office building
$3.3M
+16.6%
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%
$4,400,000
6.5%
$4,065,000
7%
$3,775,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,300,000
Change: +158% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,035,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$3,305,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,150,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$3,025,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$4.82M
Range $4.33M – $5.30M · ±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
$194 / 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
$1,652
Tax year 2024
Assessed value
$5,603,600
Assessed 2024
Previous assessed
$4,819,500
+16.3% YoY
Effective rate
0.03%
On assessed value
Assessed land
$531,000
Assessed improvement
$5,072,600
Land market value
$531,000
Improvement market value
$5,072,600
Total market value
$5,603,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Total area
24,771 SF
Lot
2.03 ac (88,427 SF)
Zoning code
SCC
APN
181323-12469
UPID
US90-0604653
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
COMMERCIAL (GENERAL)
Est. value
$7.3M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
OFFICE 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
2004
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
2.03 ac
Current owner
From public records · entity-resolved
Yakima Valley Farm Workers Cli
Individual
Mailing address
PO BOX 190, TOPPENISH, WA 98948-0190
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2004
—
Yakima Valley Farm Workers Cli
—
Grant Deed
related
$4,368,000 · Rosslare Fndg
—
—
Yakima Valley Farm Workers Cli
—
Deed Of Trust
related
$4,368,000 · Rosslare Fndg
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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