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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Individual retail properties
3134 Heritage Rd College Place, WA 99324
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-2038303
Property profile
Verified
Property type
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Year built
1973
Total area
25,637 SF
Lot
1.11 ac (48,352 SF)
APN
350723520306
UPID
US90-2038303
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
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Dennis L Vories Pe LLC · 5 yrs held
Dennis L Vories Pe LLC
since 2021
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+70.3%
Commercial (general)
$1.6M
+52.8%
Apartment house (5+ units)
$1.6M
+51.9%
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 College Place submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College Place 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
$1,190,000
ML approach
$1,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GARDEN CENTER, HOME IMPROVEMENT (DO-IT-YOURSELF)
$1,030,000
Current use
AUTO REPAIR, GARAGE
$1,755,000
Change: +70% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,575,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,565,000
Change: +52% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,395,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.12M (May 19 2021)
Last sale anchor
$1.12M
May 19 2021
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
$45 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$16,343
Tax year 2021
Assessed value
$1,071,800
Assessed 2023
Previous assessed
$1,071,800
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$151,100
Assessed improvement
$920,700
Land market value
$151,100
Improvement market value
$920,700
Total market value
$1,071,800
Applied tax rate
311.0000
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
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Status
Off-Market
Year built
1973
Heating
GRAVITY
Stories
1
Total area
25,637 SF
Lot
1.11 ac (48,352 SF)
APN
350723520306
UPID
US90-2038303
Jurisdiction
WALLA WALLA
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
GARDEN CENTER, HOME IMPROVEMENT (DO-IT-YOURSELF) Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
GARDEN CENTER, HOME IMPROVEMENT (DO-IT-YOURSELF) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1973
Heating
GRAVITY
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Dennis L Vories Pe LLC
Entity
Mailing address
920 SE PARKSIDE PL, COLLEGE PLACE, WA 99324-1669
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2021
$1,118,464
Dennis L Vories Pe LLC
Ma Holdings LP
Warranty Deed
—
Dec 19, 2016
—
Sport I Martin
Port Of Walla Walla
Warranty Deed
—
Oct 22, 2013
$1,300,000
Port Of Walla Walla
Martin Sports INC
Warranty Deed
—
Oct 17, 2013
—
Martin Sports INC
Martin Archery INC
Warranty 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.
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