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Property profile & analytics
OFF-MARKET
Medical Office Space
307 12th Ave Ste 21 Yakima, WA 98902-3138
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-3250954
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
931 SF
Lot
0.02 ac (871 SF)
Zoning code
B1
APN
181324-34555
UPID
US90-3250954
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
-
Studio Bronze Tanning Salon
-
Alpha Rhythms Spa and Waxing Studio Spa & Massage Center
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
Kbd Properties LLC · 5 yrs held
Kbd Properties LLC
since 2020
Last sale
$93,500
7 recorded transactions
Zoning & alternative use
B1 · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
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
$821
Tax year 2024
Assessed value
$87,200
Assessed 2024
Previous assessed
$84,900
+2.7% YoY
Effective rate
0.94%
On assessed value
Assessed land
$20,700
Assessed improvement
$66,500
Land market value
$20,700
Improvement market value
$66,500
Total market value
$87,200
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
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
931 SF
Lot
0.02 ac (871 SF)
Zoning code
B1
APN
181324-34555
UPID
US90-3250954
Jurisdiction
YAKIMA
Zoning & alternative use
B1 · Yakima, WA
Zoning B1 · permitted uses
B1 · 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.
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Kbd Properties LLC
Entity
Mailing address
307 S 12TH AVE STE #21, YAKIMA, WA 98902-3138
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
$93,500
Kbd Properties LLC
Leslie Paul Schneider
Warranty Deed
$105,000 · Banner Bank
Nov 8, 2013
$18,651
Leslie P Schneider
Billings,emma J
Warranty Deed
—
Nov 8, 2013
—
Leslie P Schneider
Schneider,leslie P
Quit Claim Deed
related
$69,000 · Banner Bank
Dec 29, 2006
$350,000
Roy E Gondo
Hamon,max B
Warranty Deed
—
Aug 2, 2004
—
Max B Hamon
Hamon,beta J
Quit Claim Deed
related
—
Dec 31, 2002
$60,000
Emma J Billings
Jones,randall L & Rosanna M
Grant Deed
$45,802 · Yakima National Bank
Apr 28, 1995
$35,000
Randall L Jones
South,allen G & Nancy L
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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