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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Warehouses
27118 10th Ave Ridgefield, WA 98642-5200
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-3340267
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Construction
CONCRETE
Total area
7,514 SF
Lot
0.95 ac (41,382 SF)
Zoning code
E : RGF
APN
214204-010
UPID
US90-3340267
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
-
Energy Electric LLC Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$794k
Blend (final)
Blend
$620k
Owner & transaction history
Energy Land LLC · 7 yrs held
Energy Land LLC
since 2019
7 recorded transactions
Zoning & alternative use
E : RGF · Ridgefield, 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 Ridgefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgefield 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$915,000
Current use
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$83 / 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
$6,678
Tax year 2023
Assessed value
$799,690
Assessed 2023
Previous assessed
$726,990
+10.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$225,605
Assessed improvement
$574,085
Land market value
$225,605
Improvement market value
$574,085
Total market value
$799,690
Applied tax rate
10,341.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
BASEBOARD
Buildings
2
Stories
1
Bathrooms
2
Total area
7,514 SF
Lot
0.95 ac (41,382 SF)
Zoning code
E : RGF
APN
214204-010
UPID
US90-3340267
Jurisdiction
CLARK
Zoning & alternative use
E : RGF · Ridgefield, WA
Zoning E : RGF · permitted uses
E : RGF · Ridgefield, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgefield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$915,000
WAREHOUSE, STORAGE Current
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
2018
Construction
CONCRETE
Heating
BASEBOARD
Stories
1
Buildings
2
Bathrooms
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Energy Land LLC
Entity
Mailing address
271188 NE 10TH AVE, RIDGEFIELD, WA 98642
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
Energy Land LLC
—
Deed
related
$611,000 · Washington Trust Bank
Jul 5, 2019
—
Energy Land LLC
J & D Prop Of Washington LLC
Grant Deed
—
Jun 10, 2019
—
Energy Land LLC
Energy Land LLC
Quit Claim Deed
related
—
Jan 20, 2015
—
J & D Props Of Washington LLC
Wyatt,dan M & Janis
Quit Claim Deed
related
—
Oct 10, 2007
$1,178,973
Dan M Wyatt
Zimmerly,david P
Warranty Deed
$766,000 · Bank Of Clark County
Jun 3, 2005
$330,000
David P Zimmerly
Turi,joseph & Kristi L
Warranty Deed
—
Jun 3, 2005
—
Kristi L Blair
Warner,bernard V
Warranty Deed
—
Mar 23, 2005
—
K L Eler
Blair,kristi L
Quit Claim Deed
related
—
—
—
David P Zimmerly
—
Deed Of Trust
related
$600,000 · Bank Of Clark County
—
—
Dan M Wyatt
—
Deed Of Trust
related
$1,098,650 · Heritage Bank
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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