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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Retail space
3031 Gs Ctr Rd Wenatchee, WA 98801-9041
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2068529
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
7,200 SF
Lot
0.75 ac (32,670 SF)
APN
232021420360
UPID
US90-2068529
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
-
Wenatchee Powersports Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.34M
Owner & transaction history
Alexis A Montgomery · 4 yrs held
Alexis A Montgomery
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.9M
+39.1%
Apartment house (5+ units)
$1.8M
+33.1%
Office building
$1.7M
+23.0%
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 Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wenatchee 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
$1,385,000
ML approach
$1,360,000
CAP Approach
CAP Return
Estimation
6%
$1,205,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,380,000
Current use
AUTO REPAIR, GARAGE
$1,920,000
Change: +39% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,840,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,700,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10% · vs last sale $1.30M (Mar 29 2022)
Last sale anchor
$1.30M
Mar 29 2022
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
$185 / 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
$11,752
Tax year 2023
Assessed value
$1,309,660
Assessed 2022
Previous assessed
$988,776
+32.5% YoY
Effective rate
0.90%
On assessed value
Assessed land
$163,350
Assessed improvement
$1,146,310
Land market value
$163,350
Improvement market value
$1,146,310
Total market value
$1,309,660
Applied tax rate
804.0000
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
2005
Heating
NONE
Total area
7,200 SF
Lot
0.75 ac (32,670 SF)
APN
232021420360
UPID
US90-2068529
Jurisdiction
CHELAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2005
Heating
NONE
Lot
0.75 ac
Current owner
From public records · entity-resolved
Alexis A Montgomery
Individual
Mailing address
916 KITTITAS ST, WENATCHEE, WA 98801-3455
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2022
—
Alexis A Montgomery
Arb Property LLC
Quit Claim Deed
related
—
Aug 19, 2020
$1,300,000
Arb Property LLC
Apple Hill Properites LLC
Warranty Deed
$1,184,000 · Wells Fargo Bank NA
Aug 15, 2014
$995,000
Apple Hill Properties LLC
Gemini Dream INC
Grant Deed
—
Feb 23, 2011
—
Gemini Dream INC
—
Deed Of Trust
related
$1,541,343 · Washington Trust Bank
Dec 27, 2004
$180,000
Gemini Dream INC
Bradin,klaus
Warranty Deed
related
$180,000 · Washington Mutual Fsb
—
—
Gemini Dream INC
—
Loan Modification
related
$1,500,000 · Washington Trust Bank
—
—
Gemini Dream INC
—
Deed Of Trust
related
$80,943 · Washington Trust Bank
—
—
Gemini Dream INC
—
Deed Of Trust
related
$150,000 · Washington Trust Bank
—
—
Gemini Dream INC
—
Deed Of Trust
related
$180,000 · Washington Trust Bank
—
—
Apple Hill Properties LLC
—
Deed Of Trust
related
$442,000 · Northwest Busn Dev Assn
—
—
Gemini Dream INC
—
Loan Modification
related
$466,103 · Washington Trust Bank
—
—
Gemini Dream INC
—
Loan Modification
related
$720,000 · Washington Trust Bank
—
—
Gemini Dream INC
—
Loan Modification
related
$128,687 · Washington Trust Bank
—
—
Gemini Dream INC
—
Loan Modification
related
—
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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