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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Office Spaces
225 4th St, La Center, WA 98629-5427
Individually Owned
36-yr Hold
Free & Clear
Property ID
US90-0223814
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Construction
WOOD
Total area
11,359 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C-1 : LAC
APN
063730-000
UPID
US90-0223814
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
-
New Phoenix Casino Hotel & Motel Resort
-
New Phoenix Twin Dragons Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
George Teeny · 36 yrs held
George Teeny
since 1989
4 recorded transactions
Zoning & alternative use
C-1 : LAC · La Center, 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 La Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Center 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
$114 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,976
Tax year 2023
Assessed value
$1,127,800
Assessed 2023
Previous assessed
$1,025,300
+10.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$145,200
Assessed improvement
$982,600
Land market value
$145,200
Improvement market value
$982,600
Total market value
$1,127,800
Applied tax rate
10,068.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
OTHER
Stories
1
Total area
11,359 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C-1 : LAC
APN
063730-000
UPID
US90-0223814
Jurisdiction
CLARK
Zoning & alternative use
C-1 : LAC · La Center, WA
Zoning C-1 : LAC · permitted uses
C-1 : LAC · La Center, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Center. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
OTHER
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
George Teeny
Individual
Free & Clear · 36 yrs held
Mailing address
PO BOX 1990, LA CENTER, WA 98629-1900
Ownership since
1989
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2012
—
Fsg Murphy LP
—
Deed Of Trust
related
$1,099,708 · First Independent Bank
Oct 12, 1989
$55,000
George Teeny
Unknown
Grant Deed
—
—
—
Fsg Murphy LP
—
Deed Of Trust
related
$975,009 · Sterling Bank
—
—
Gorge Teeny
—
Deed Of Trust
related
$988,877 · First Independent 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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