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Property profile & analytics
OFF-MARKET
Estimated value
$21,545,000
Refrigerated & Cold Storage
222 Columbia Way Quincy, WA 98848-9072
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-1611616
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1970
Total area
205,610 SF
Lot
53.17 ac (2,316,085 SF)
APN
40410312
UPID
US90-1611616
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
$22.63M
Comparable Approach
Comparable
$24.03M
Blend (final)
Blend
$21.55M
Owner & transaction history
Pnw Veg Co LLC · 6 yrs held
Pnw Veg Co LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$35.0M
+127.0%
Commercial (general)
$24.5M
+58.6%
Retail stores
$18.1M
+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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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%
$24,510,000
6.5%
$22,625,000
7%
$21,010,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,430,000
Current use
RESTAURANT
$35,030,000
Change: +127% · Conversion: Difficult
COMMERCIAL (GENERAL)
$24,465,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$18,100,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$21.55M
Range $19.39M – $23.70M · ±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
$105 / 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
$36,303,802
Assessed 2023
Previous assessed
$11,847,290
+206.4% YoY
Assessed land
$1,396,992
Assessed improvement
$34,906,810
Land market value
$1,396,992
Improvement market value
$34,906,810
Total market value
$36,303,802
Applied tax rate
144.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1970
Heating
NONE
Total area
205,610 SF
Lot
53.17 ac (2,316,085 SF)
APN
40410312
UPID
US90-1611616
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
$15.4M
RESTAURANT
Est. value
$35.0M
COMMERCIAL (GENERAL)
Est. value
$24.5M
RETAIL STORES
Est. value
$18.1M
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
1970
Heating
NONE
Lot
53.17 ac
Current owner
From public records · entity-resolved
Pnw Veg Co LLC
Entity
Mailing address
PO BOX 3110, PASCO, WA 99302-3110
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
—
Frank Tiegs
—
Deed
related
$225,000,000 · Agwest Farm Credit Flca
Aug 31, 2023
—
Frank Tiegs LLC
—
Deed
related
$225,000,000 · Agwest Farm Credit Flca
Aug 31, 2020
—
Pnw Veg Co LLC
—
Deed
related
$135,000 · Farm Credit Svcs
Dec 18, 2019
—
Pnw Veg Co LLC
Quincy Foods LLC
Warranty Deed
—
Nov 17, 2017
—
Quincy Foods LLC
—
Grant Deed
related
$382,750,000 · Cobank
Nov 28, 2016
—
Quincy Foods LLC
—
Trustees Deed
related
$15,000,000 · Miscellaneous Ins Co
Jun 17, 2004
—
Quincy Foods LLC
—
Deed Of Trust
related
$135,000,000 · Cobank Acb
May 21, 2004
$8,500,000
Quincy Foods LLC
JR Simplot
Grant Deed
$10,000,000 · JR Simplot Co
—
—
Quincy Foods LLC
—
Loan Modification
related
$30,000,000 · Metropolitan Life Insurance
—
—
Quincy Foods LLC
—
Deed Of Trust
related
$28,250,000 · Metropolitan Life Insurance
—
—
Pnw Veg Co LLC
—
Loan Modification
related
$135,000 · Farm Credit Svcs
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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