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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Office Spaces
2301 Alan Ave East Wenatchee, WA 98802-3914
Individually Owned
Property ID
US90-0486078
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1999
Construction
WOOD
Total area
1,963 SF
Lot
1.1 ac (47,916 SF)
Zoning code
R-L
APN
40900002619
UPID
US90-0486078
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
by Request
Comparable Approach
Comparable
$639k
Blend (final)
Blend
$720k
Owner & transaction history
Kirk D Dietrich
Kirk D Dietrich
since 2026
Last sale
$759,000
4 recorded transactions
Zoning & alternative use
R-L · East Wenatchee, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Low Residential
General category
RESIDENTIAL
Zone area
1.16 ac
Source
Realmo
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 East Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Wenatchee 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $759k (Jan 12 2026)
Last sale anchor
$759k
Jan 12 2026
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
$367 / 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
$3,342
Tax year 2023
Assessed value
$397,300
Assessed 2023
Previous assessed
$397,300
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$176,800
Assessed improvement
$220,500
Land market value
$176,800
Improvement market value
$220,500
Total market value
$397,300
Applied tax rate
55.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Bathrooms
2
Total area
1,963 SF
Lot
1.1 ac (47,916 SF)
Zoning code
R-L
APN
40900002619
UPID
US90-0486078
Jurisdiction
DOUGLAS
Zoning & alternative use
R-L · East Wenatchee, WAZoning R-L · permitted uses
R-L · East Wenatchee, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Low Residential
General category
RESIDENTIAL
Zone area
1.16 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Kirk D Dietrich
Individual
Mailing address
2303 NW ALAN AVE, EAST WENATCHEE, WA 98802-3914
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
—
—
Kirk D Dietrich
—
Deed Of Trust
related
$147,100 · Greenlight Loans
—
—
Kirk D Dietrich
—
Loan Modification
related
$27,000 · Key Bank NA
—
—
Kirk Dietrich
—
Deed Of Trust
related
$225,000 · Key Bank NA
—
—
Kirk D Dietrich
—
Loan Modification
related
$27,000 · Key Bank NA
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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