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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Distribution centers
2300 Commercial Ave, Pasco, WA 99301-9504
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0101900
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Total area
6,000 SF
Lot
3 ac (130,680 SF)
APN
113280254
UPID
US90-0101900
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
-
Magnum Power LLC Corporate Office
-
JRT Mechanical Inc. (Tri-Cities) HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.01M
Owner & transaction history
Dt & Kt Properties LLC · 3 yrs held
Dt & Kt Properties LLC
since 2023
Last sale
$965,000
7 recorded transactions
Zoning & alternative use
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
$1,040,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,525,000
Current use
AUTO REPAIR, GARAGE
$1,320,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $965k (Jun 2 2023)
Last sale anchor
$965k
Jun 2 2023
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
$168 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,456
Tax year 2021
Assessed value
$1,013,200
Assessed 2023
Previous assessed
$1,013,200
+0.0% YoY
Effective rate
0.44%
On assessed value
Assessed land
$574,900
Assessed improvement
$438,300
Land market value
$574,900
Improvement market value
$438,300
Total market value
$1,013,200
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Heating
SPACE
Stories
1
Total area
6,000 SF
Lot
3 ac (130,680 SF)
APN
113280254
UPID
US90-0101900
Jurisdiction
FRANKLIN
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
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
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
1980
Heating
SPACE
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
Dt & Kt Properties LLC
Entity
Mailing address
PO BOX 1450, BATTLE GROUND, WA 98604-1450
Ownership since
2023
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
Jun 2, 2023
$965,000
Dt & Kt Properties LLC
Daniel E Ritola
Warranty Deed
$772,000 · Bank Of The Pacific
Oct 4, 2019
$720,000
Daniel E Ritola
Synergy Resources LLC
Warranty Deed
$576,000 · Riverview Community Bank
Aug 5, 2011
$480,000
Synergy Resources LLC
Smith,lisa M
Warranty Deed
$384,000 · Riverview Community Bank
Jun 8, 2011
—
Lisa M Smith
Smith,richard P
Quit Claim Deed
related
—
Jul 28, 2006
$430,000
Richard P Smith
Bank Of Whitman
Warranty Deed
$299,000 · Bank Of Clark County
Feb 22, 2006
—
Bank Of Whitman
Anderson,larry E & Vicki R
Trustees Deed
related
—
—
—
Larry E Anderson
—
Deed Of Trust
related
$600,000 · Bank Of Whitman
—
—
Larry E Anderson
—
Deed Of Trust
related
$500,000 · Bank Of Whitman
—
—
Larry E Anderson
—
Deed Of Trust
related
$1,000,000 · Bank Of Whitman
—
—
Larry E Anderson
—
Deed Of Trust
related
$720,000 · Bank Of Whitman
—
—
Larry E Anderson
—
Deed Of Trust
related
$527,000 · Bank Of Whitman
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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