Back to Search
Property profile & analytics
OFF-MARKET
Motels
2532 4th Ave Pasco, WA 99301-3741
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0152388
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1970
Total area
1,152 SF
Lot
1.94 ac (84,506 SF)
APN
113420058
UPID
US90-0152388
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
-
Airport Motel Restaurant
-
Airport Motel Restaurant Hotel & Motel
-
Conquer Meals llc Restaurant Take-out & Catering
-
Angels Cafe 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
by Request
Owner & transaction history
Eliodoro C Lopez · 17 yrs held
Eliodoro C Lopez
since 2009
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
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
$13,161
Tax year 2024
Assessed value
$1,687,200
Assessed 2024
Previous assessed
$1,687,200
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$450,200
Assessed improvement
$1,237,000
Land market value
$450,200
Improvement market value
$1,237,000
Total market value
$1,687,200
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1970
Heating
OIL
Buildings
4
Stories
2
Total area
1,152 SF
Lot
1.94 ac (84,506 SF)
APN
113420058
UPID
US90-0152388
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
Building & site characteristics
From public records
Year built
1970
Heating
OIL
Stories
2
Buildings
4
Lot
1.94 ac
Current owner
From public records · entity-resolved
Eliodoro C Lopez
Individual
Mailing address
247436 E SR 397, KENNEWICK, WA 99337-7719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Mar 13, 2009
$570,000
Eliodoro C Lopez
Shri Mahalaxmi LLC
Warranty Deed
$38,000 · Shri Mahalaxmi LLC
Aug 22, 2002
$610,000
Shri Mahalaxmi Lllc
Wilshire State Bank
Grant Deed
$553,000 · Wilshire State Bank
Mar 4, 2002
$113,107
Wilshire State Bank
2k LLC
Trustees Deed
related
—
Aug 24, 1999
$850,000
2k LLC
Kim,nam S
Grant Deed
$860,000 · Wilshire State Bank
Oct 8, 1997
$850,000
Kim,nam S
Yi & Choi Partnership
Trustees Deed
$650,000 · Money Store Investment Corp
Oct 8, 1997
—
Nam S Kim
Kim,yong K
Quit Claim Deed
related
$150,000 · Yi & Choi Partnership
Mar 29, 1996
$750,000
Yi Ptshp
Park,jae H & Soon Z
Grant Deed
$718,000 · Money Store Investment Corp
—
—
2k LLC
—
Deed Of Trust
related
$44,000 · Individual
—
—
Nam S Kim
—
Deed Of Trust
related
$70,000 · Individual
—
—
2k LLC
—
Deed Of Trust
related
$56,000 · Individual
—
—
Nam S Kim
—
Deed Of Trust
related
$12,000 · Individual
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?”
You own 2532 4th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
