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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Medical Office Space
2906 Nob Hl Blvd, Yakima, WA 98902-4953
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0005440
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Construction
WOOD
Total area
7,285 SF
Lot
0.37 ac (16,117 SF)
Zoning code
B2
APN
181326-32004
UPID
US90-0005440
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
-
Avanta Dental of Yakima Dental Office
-
Dr. Igor Elperin Dental Office
-
Dr. Reza Navabi Shirazi Dental Office
-
Tina Amir Dental Office
-
Dr. Sarah Mcdonald Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
2906 West Nob Hill LLC · 10 yrs held
2906 West Nob Hill LLC
since 2015
Last sale
$762,500
6 recorded transactions
Zoning & alternative use
B2 · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.2M
+42.4%
Office building
$970,000
+16.6%
Auto repair, garage
$925,000
+11.2%
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
$725,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$835,000
Current use
INDUSTRIAL (GENERAL)
$1,185,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$970,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$925,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$890,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$675,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $763k (May 5 2025)
Last sale anchor
$763k
May 5 2025
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
$103 / 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
$13,581
Tax year 2024
Assessed value
$1,568,300
Assessed 2024
Previous assessed
$1,418,200
+10.6% YoY
Effective rate
0.87%
On assessed value
Assessed land
$97,800
Assessed improvement
$1,470,500
Land market value
$97,800
Improvement market value
$1,470,500
Total market value
$1,568,300
Applied tax rate
333.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2012
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Bathrooms
2
Total area
7,285 SF
Lot
0.37 ac (16,117 SF)
Zoning code
B2
APN
181326-32004
UPID
US90-0005440
Jurisdiction
YAKIMA
Zoning & alternative use
B2 · Yakima, WA
Zoning B2 · permitted uses
B2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$835,000
INDUSTRIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$925,000
RETAIL STORES
Est. value
$890,000
WAREHOUSE, STORAGE
Est. value
$675,000
MEDICAL BUILDING Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
2012
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
2906 West Nob Hill LLC
Entity
Mailing address
2906 W NOB HL BLVD, YAKIMA, WA 98902-4953
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2015
$762,500
2906 West Nob Hill LLC
Dmf Investments INC
Warranty Deed
$610,000 · Bank Of America
Nov 21, 2008
—
Dmf Investments INC
Jbs Millwork INC
Quit Claim Deed
related
$618,000 · Banner Bank
Aug 29, 2008
$165,000
Jbs Millwork INC
Klingele,karen L
Warranty Deed
—
Jan 24, 2008
$148,686
Kandace V Klingele
Finney,michael D
Trustees Deed
related
—
Jul 12, 2005
$163,000
Robert J Simmons
Klingele,karen L
Warranty Deed
$133,000 · Kandace V Klingele
—
—
Dmf Investments INC
—
Deed Of Trust
related
$618,000 · Banner 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.
Try Rey
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