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Property profile & analytics
FOR SALE
Office buildings
223 W Wine Country Rd, Grandview, WA 98930
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1795636
For Sale
$399,000
223 W Wine Country Rd, Grandview, WA 98930
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
WOOD
Total area
2,600 SF
Lot
0.33 ac (14,375 SF)
Zoning code
C2
APN
230923-12556
UPID
US90-1795636
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
-
Spirit's Etc (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Pleasant Ridge Construction Construction Company General Contractor
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
C&k Adamson Holdings LLC · 4 yrs held
C&k Adamson Holdings LLC
since 2021
6 recorded transactions
Zoning & alternative use
C2 · Grandview, WA
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 Grandview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grandview 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
$2,419
Tax year 2024
Assessed value
$279,300
Assessed 2024
Previous assessed
$283,300
-1.4% YoY
Effective rate
0.87%
On assessed value
Assessed land
$43,100
Assessed improvement
$236,200
Land market value
$43,100
Improvement market value
$236,200
Total market value
$279,300
Applied tax rate
440.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2002
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
2,600 SF
Lot
0.33 ac (14,375 SF)
Zoning code
C2
APN
230923-12556
UPID
US90-1795636
Jurisdiction
YAKIMA
Zoning & alternative use
C2 · Grandview, WA
Zoning C2 · permitted uses
C2 · Grandview, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grandview. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
C&k Adamson Holdings LLC
Entity
Mailing address
PO BOX 749, PROSSER, WA 99350-0749
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
—
C&k Adamson Holdings LLC
—
Deed
related
$325,000 · Bank Of Idaho
Aug 30, 2021
—
C&k Adamson Holdings LLC
Pleasant Ridge Construction LLC
Warranty Deed
$23,054 · Quicken Loans LLC
Feb 27, 2017
—
Ceda Homes LLC
—
Deed
related
$50,000 · Gary Beavan
Jan 21, 2016
$195,000
Ceda Homes LLC
Randy D Tucker
Warranty Deed
$150,000 · Homestreet Bank
—
—
Randy D Tucker
—
Deed Of Trust
related
$123,251 · Equity Network LLC
—
—
Ceda Homes LLC
—
Deed Of Trust
related
$50,000 · Gary Beavan
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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