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Property profile & analytics
OFF-MARKET
Office buildings
311 4th St Yakima, WA 98901-2467
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-0108233
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
WOOD
Total area
28,524 SF
Lot
1.48 ac (64,469 SF)
Zoning code
B1
APN
191318-34508
UPID
US90-0108233
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
-
Northwest Justice Project Yakima Office Law Firm
-
Yakima County Assigned Counsel County Government Office
-
Vision For Independence Center Physician
-
Pacific Alliance Title Title Company
-
Escrow Pacific LLC Bank Loan Service
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
David John Yarger · 2 yrs held
David John Yarger
since 2023
Last sale
$125,000
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
$21,902
Tax year 2024
Assessed value
$2,450,700
Assessed 2024
Previous assessed
$2,362,600
+3.7% YoY
Effective rate
0.89%
On assessed value
Assessed land
$467,400
Assessed improvement
$1,983,300
Land market value
$467,400
Improvement market value
$1,983,300
Total market value
$2,450,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
2
Total area
28,524 SF
Lot
1.48 ac (64,469 SF)
Zoning code
B1
APN
191318-34508
UPID
US90-0108233
Jurisdiction
YAKIMA
Zoning & alternative use
B1 · Yakima, WAZoning B1 · permitted uses
B1 · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
1.48 ac
Current owner
From public records · entity-resolved
David John Yarger
Individual
Mailing address
8837 BRAEBURN LOOP, YAKIMA, WA 98903-9668
Ownership since
2023
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
Sep 11, 2023
$125,000
David John Yarger
Appel Tree Construction Company LLC
Warranty Deed
$327,000 · Yakima Fsla
May 1, 2008
—
Graf Investments INC
Salisbury Creek Dev LLC
Grant Deed
—
Jan 4, 2008
$1,000,000
Salisbury Creek Dev LLC
Goodman,larry S & Renee
Warranty Deed
—
Apr 27, 2006
—
Yakima County
Graf Investments INC
Grant Deed
related
—
May 4, 2005
$1,500,000
Larry S Goodman
Rpp Ents LLC
Warranty Deed
—
Jan 16, 2004
—
Paisley Trust
Paisley,robert & Phyllis
Quit Claim Deed
related
—
Oct 8, 1992
$2,086,200
Robert A Paisley
Unknown
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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