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Property profile & analytics
OFF-MARKET
Estimated value
$6,600,000
Warehouses
2608 Commerce Ln Yakima, WA 98901-5801
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2948283
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2023
Construction
WOOD
Total area
45,300 SF
Lot
3.07 ac (133,729 SF)
Zoning code
M1
APN
191316-32452
UPID
US90-2948283
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
$6.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.60M
Owner & transaction history
Perez Distributing Fresno INC · 2 yrs held
Perez Distributing Fresno INC
since 2024
5 recorded transactions
Zoning & alternative use
M1 · Yakima, 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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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%
$7,265,000
6.5%
$6,705,000
7%
$6,230,000
Blend value · Realmo final
$6.60M
Range $5.94M – $7.26M · ±10%
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
$146 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$20,741
Tax year 2024
Assessed value
$1,980,700
Assessed 2024
Previous assessed
$401,200
+393.7% YoY
Effective rate
1.05%
On assessed value
Assessed land
$401,200
Assessed improvement
$1,579,500
Land market value
$401,200
Improvement market value
$1,579,500
Total market value
$1,980,700
Applied tax rate
385.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
45,300 SF
Lot
3.07 ac (133,729 SF)
Zoning code
M1
APN
191316-32452
UPID
US90-2948283
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Yakima, WA
Zoning M1 · permitted uses
M1 · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yakima. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
3.07 ac
Current owner
From public records · entity-resolved
Perez Distributing Fresno INC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2024
—
Perez Distributing Fresno INC
Emet & Alma Yakama Properties LLC
Lease
$1,896,000 · Northwest Business Development Associati
Dec 4, 2023
—
Emet & Alma Yakama Properties LLC
Emet & Alma Properties LLC
Intrafamily Transfer
related
$2,300,000 · First Citizens Bank & Trust Co
Aug 30, 2022
—
Emet & Alma Properties LLC
Emeterio Perez Perez
Quit Claim Deed
related
$2,300,000 · Lincoln Capital Management LLC
Nov 8, 2021
$568,845
Perez Perez Emeretio
Halls Holdingsi LLC
Warranty Deed
—
Oct 18, 2021
$56,894
Terrace Heights Memorial Park Assn
Halls Holdings I LLC
Warranty Deed
—
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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