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Property profile & analytics
OFF-MARKET
Warehouses
312 Division St Grandview, WA 98930-1359
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0664705
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
WOOD
Total area
840 SF
Lot
0.66 ac (28,750 SF)
Zoning code
COM
APN
230923-13529
UPID
US90-0664705
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
-
Leslie P. Crone Sr, LMP Alternative Medicine Practice Spa & Massage Center
-
Oasis Therapeutic Massage Alternative Medicine Practice 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
W Tadd Bowlsby · 1 yrs held
W Tadd Bowlsby
since 2025
7 recorded transactions
Zoning & alternative use
COM · Grandview, 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 Grandview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grandview 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
$3,100
Tax year 2024
Assessed value
$358,600
Assessed 2024
Previous assessed
$373,000
-3.9% YoY
Effective rate
0.86%
On assessed value
Assessed land
$57,500
Assessed improvement
$301,100
Land market value
$57,500
Improvement market value
$301,100
Total market value
$358,600
Applied tax rate
440.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
6
Stories
1
Total area
840 SF
Lot
0.66 ac (28,750 SF)
Zoning code
COM
APN
230923-13529
UPID
US90-0664705
Jurisdiction
YAKIMA
Zoning & alternative use
COM · Grandview, WAZoning COM · permitted uses
COM · Grandview, 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
1999
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Lot
0.66 ac
Current owner
From public records · entity-resolved
W Tadd Bowlsby
Individual
Mailing address
201 BRATTON ST, PROSSER, WA 99350-5585
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2025
$775,000
W Tadd Bowlsby
W Tadd Bowlsby
Deed
—
Oct 31, 2023
$140,000
John Benjert
Hews Co INC
Warranty Deed
—
Oct 31, 2023
$775,000
Zach Hubbard
Tadd Bowlsby
Contract Sale
$375,000 · Tadd Bowlsby
Oct 31, 2023
—
Tim Hubbard
Estela Lidia Ponce Rios
Intrafamily Transfer
related
—
Dec 22, 2016
—
W Tadd
—
Deed
related
$63,394 · Larry E Conover
Dec 30, 1989
$173,300
W Tadd Bowlsby
Unknown
Grant Deed
—
—
—
W Tadd Bowlsby
—
Deed Of Trust
related
$61,000 · Maxine Mercer
—
—
W Tadd
—
Deed Of Trust
related
$63,394 · Larry E Conover
—
—
Bowlsby W T
—
Deed Of Trust
related
$129,000 · Individual
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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