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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Retail space
2929 Wiley Rd Yakima, WA 98903-9719
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1466980
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,040 SF
Lot
0.1 ac (4,356 SF)
Zoning code
BCOM
APN
171201-33020
UPID
US90-1466980
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
-
Wiley City Market Grocery & Convenience Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
$475k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
M And M Washington Enterprises LLC · 2 yrs held
M And M Washington Enterprises LLC
since 2024
Last sale
$779,995
7 recorded transactions
Zoning & alternative use
BCOM · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$895,000
+116.8%
Medical building
$590,000
+42.4%
Office building
$565,000
+37.1%
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
$780,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$440,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$895,000
Change: +117% · Conversion: Easy
MEDICAL BUILDING
$590,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$565,000
Change: +37% · Conversion: Easy
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $780k (May 30 2024)
Last sale anchor
$780k
May 30 2024
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
$257 / 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
$1,929
Tax year 2024
Assessed value
$208,800
Assessed 2024
Previous assessed
$208,800
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$11,500
Assessed improvement
$197,300
Land market value
$11,500
Improvement market value
$197,300
Total market value
$208,800
Applied tax rate
584.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Total area
3,040 SF
Lot
0.1 ac (4,356 SF)
Zoning code
BCOM
APN
171201-33020
UPID
US90-1466980
Jurisdiction
YAKIMA
Zoning & alternative use
BCOM · Yakima, WA
Zoning BCOM · permitted uses
BCOM · 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
COMMERCIAL (GENERAL)
Est. value
$895,000
MEDICAL BUILDING
Est. value
$590,000
OFFICE BUILDING
Est. value
$565,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
M And M Washington Enterprises LLC
Entity
Mailing address
2929 S WILEY RD, YAKIMA, WA 98903-9719
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2024
$779,995
M And M Washington Enterprises LLC
S&p Associates INC
Warranty Deed
$580,000 · Banner Bank
Sep 14, 2021
$650,000
S&p Associates INC
Son C Chang
Warranty Deed
—
Sep 14, 2021
—
Son C Chang
Son C Chang
Intrafamily Transfer
related
$800,000 · Ready Capital Corp
Mar 18, 2004
$25,000
Chang,son C
Francis,oscar & Younae
Warranty Deed
—
Dec 21, 2000
—
Oscar Francis
Wantland,wayne F & Ok H
Grant Deed
$29,000 · Wayne F & Ok H
Jul 30, 1998
$170,000
Wayne F Wantland
Nabob LLC
Grant Deed
$170,000 · Pioneer Bank
Jun 27, 1997
$176,657
Sterling Trust Co
Kang,su B & Hyun S
Trustees Deed
—
Jun 27, 1997
$115,000
Nabob LLC
Sterling Trust Co
Trustees Deed
—
Mar 7, 1988
$46,550
Mun Corp INC
Unknown
Grant Deed
—
—
—
Wayne F Wantland
—
Deed Of Trust
related
$23,000 · Nabob LLC
—
—
Nabob LLC
—
Deed Of Trust
related
$95,550 · Sterling Trust Co
—
—
Chang,son C
—
Deed Of Trust
related
$284,000 · Wilshire St Bk
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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