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Property profile & analytics
OFF-MARKET
Commercial real estate
260 Highline Dr, East Wenatchee, WA 98802-5343
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2060960
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
METAL FRAME
Total area
44,990 SF
Lot
3.99 ac (173,804 SF)
Zoning code
2
APN
40300001709
UPID
US90-2060960
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steve Shrader · 3 yrs held
Steve Shrader
since 2022
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
2 · East Wenatchee, 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 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
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 2023Property tax & assessments
Tax year 2023
Tax billed
$35,353
Tax year 2023
Assessed value
$4,300,400
Assessed 2023
Previous assessed
$4,300,400
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$1,720,700
Assessed improvement
$2,579,700
Land market value
$1,720,700
Improvement market value
$2,579,700
Total market value
$4,300,400
Applied tax rate
21.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Construction
METAL FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
44,990 SF
Lot
3.99 ac (173,804 SF)
Zoning code
2
APN
40300001709
UPID
US90-2060960
Jurisdiction
DOUGLAS
Zoning & alternative use
2 · East Wenatchee, WA
Zoning 2 · permitted uses
2 · East Wenatchee, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Wenatchee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
3.99 ac
Current owner
From public records · entity-resolved
Steve Shrader
Individual
Mailing address
1355 GOLDFISH FARM RD SE, ALBANY, OR 97322-5154
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
—
Coastal Farm & Home Supply LLC
—
Deed
related
$135,000 · Tcw Asset Management Co LLC
Nov 4, 2022
$400,000
Steve Shrader
Darrel Schmidt
Warranty Deed
$398,500 · Darrel Schmidt Etux
Aug 6, 2018
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$46,000,000 · Us Bk
Oct 31, 2016
—
Coastal Farm Real Estate INC
—
Deed
related
$44,925 · Us Bk
Dec 30, 2010
$1,803,530
Coastal Farm Real Estate INC
Three Eagle Holdings LLC
Warranty Deed
—
Jun 8, 2006
—
Three Eagle Holdings LLC
Telford Partners
Quit Claim Deed
related
—
—
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$53,000,000 · Us Bk
—
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$36,411 · Us Bk
—
—
Three Eagle Holdings LLC
—
Deed Of Trust
related
$750,000 · Wells Fargo Bank
—
—
Three Eagle Holdings LLC
—
Deed Of Trust
related
$750,000 · Wells Fargo Bank
—
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$44,925 · Us Bk
—
—
Coastal Farm Real Estate INC
—
Loan Modification
related
$67,000,000 · Us Bk
—
—
Coastal Farm Real Estate INC
—
Deed Of Trust
related
$23,096,250 · Bank Of America
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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