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Property profile & analytics
OFF-MARKET
Commercial real estate
305 Jefferson Ave Toppenish, WA 98948-1551
Individually Owned
7-yr Hold
Free & Clear
Property ID
US90-1472538
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1908
Construction
WOOD FRAME
Total area
2,142 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R2
APN
201003-33537
UPID
US90-1472538
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Felicitas L Velasco · 7 yrs held
Felicitas L Velasco
since 2019
7 recorded transactions
Zoning & alternative use
R2 · Toppenish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent is to promote single, two and multi family dwellings.
Zone name
Residential
General category
RESIDENTIAL
Zone area
71.20 ac
Source
Realmo
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 Toppenish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toppenish 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$282
Tax year 2024
Assessed value
$32,700
Assessed 2024
Previous assessed
$32,300
+1.2% YoY
Effective rate
0.86%
On assessed value
Assessed land
$29,300
Assessed improvement
$3,400
Land market value
$29,300
Improvement market value
$3,400
Total market value
$32,700
Applied tax rate
480.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1908
Construction
WOOD FRAME
Heating
HOT WATER
Stories
3
Total area
2,142 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R2
APN
201003-33537
UPID
US90-1472538
Jurisdiction
YAKIMA
Zoning & alternative use
R2 · Toppenish, WAZoning R2 · permitted uses
R2 · Toppenish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent is to promote single, two and multi family dwellings.
Zone name
Residential
General category
RESIDENTIAL
Zone area
71.20 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1908
Construction
WOOD FRAME
Heating
HOT WATER
Stories
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Felicitas L Velasco
Individual
Free & Clear · 7 yrs held
Mailing address
107 S CHESTNUT ST, TOPPENISH, WA 98948-1540
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2019
—
Felicitas L Velasco
Schroder,gary & Darlene
Grant Deed
—
Sep 12, 2011
$37,000
Felicitas L Velasco
Schroder,gary & Darlene
Grant Deed
—
Aug 9, 2011
$8,700
Gary Schroder
Mon-la Properties LLC
Warranty Deed
—
Aug 29, 2000
—
Dennis D Moncur
L & M Enterprises
Quit Claim Deed
related
—
Nov 4, 1997
—
Mon-la Properties LLC
L & M Properties LLC
Quit Claim Deed
related
—
Apr 28, 1997
—
Non-la Properties LLC
Moncur,jennifer H
Quit Claim Deed
related
—
May 4, 1995
—
Mon-la Properties LLC
L & M Enterprises
Quit Claim Deed
related
—
Dec 23, 1988
$81,950
Richard D Laton
Unknown
Grant Deed
—
—
—
Mon-la Properties LLC
—
Deed Of Trust
related
$27,030 · Us Bank Of Washington
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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