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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Retail space
3001 Main St Union Gap, WA 98903-1757
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-0331686
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,551 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CBD
APN
191205-24010
UPID
US90-0331686
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
$730k
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$515k
Blend (final)
Blend
$760k
Owner & transaction history
Ck Family Investments LLC · 1 yrs held
Ck Family Investments LLC
since 2025
Last sale
$779,472
7 recorded transactions
Zoning & alternative use
CBD · Union Gap, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+42.4%
Office building
$1.0M
+37.1%
Industrial (general)
$905,000
+19.8%
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 Union Gap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Gap 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
$740,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
$940,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
RETAIL STORES
$755,000
Current use
MEDICAL BUILDING
$1,075,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$1,035,000
Change: +37% · Conversion: Easy
INDUSTRIAL (GENERAL)
$905,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$705,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $779k (May 27 2025)
Last sale anchor
$779k
May 27 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
$137 / 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
$3,177
Tax year 2024
Assessed value
$458,400
Assessed 2024
Previous assessed
$424,950
+7.9% YoY
Effective rate
0.69%
On assessed value
Assessed land
$122,600
Assessed improvement
$335,800
Land market value
$122,600
Improvement market value
$335,800
Total market value
$458,400
Applied tax rate
300.0000
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
5,551 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CBD
APN
191205-24010
UPID
US90-0331686
Jurisdiction
YAKIMA
Zoning & alternative use
CBD · Union Gap, WA
Zoning CBD · permitted uses
CBD · Union Gap, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union Gap. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$755,000
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$705,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Ck Family Investments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2947 ASHTON ST, LODI, CA 95242-8800
Ownership since
2025
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
May 27, 2025
$779,472
Ck Family Investments LLC
Akram Yursif Mashni
Warranty Deed
—
Mar 13, 2024
$641,028
Akram Yusif Mashni
Standard LLC
Warranty Deed
—
Sep 26, 2017
$380,000
Standard LLC
Belmont2002 LLC
Warranty Deed
—
Apr 28, 2017
$375,000
Belmont2002 LLC
Fastenal Co
Warranty Deed
—
Nov 27, 2002
$225,000
Fastenal Co
Kissler Enterprises LP
Grant Deed
—
Dec 7, 2000
—
Billie E Cox
Pioneer Bank
Quit Claim Deed
related
—
May 8, 2000
$300,000
Kissler Enterprises LP
Cox,billie E & Lynn L
Grant Deed
—
Mar 28, 1994
$180,000
Billie E Cox
Sebco INC
Grant Deed
$153,000 · Pioneer Bank
—
—
Billie E Cox
—
Deed Of Trust
related
$40,000 · Pioneer Bank
—
—
Billie E Cox
—
Deed Of Trust
related
$24,021 · Pioneer 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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