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Property profile & analytics
OFF-MARKET
Retail space
316 3rd St Yakima, WA 98901-2832
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0540327
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,100 SF
Lot
0.32 ac (13,939 SF)
Zoning code
COM
APN
191319-31452
UPID
US90-0540327
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
-
Glacier Sales Inc Food Market Specialty Food Shop
-
Downtown Liquor and Foods (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Pacific Trail Logistics LLC Trucking Company
-
Pacific Trail Logistics Courier Service Postal Service
-
Bitcoin Depot | Bitcoin ATM Crypto Atm Atm
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
Gill Investment Properties LLC · 6 yrs held
Gill Investment Properties LLC
since 2020
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
COM · 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
$4,347
Tax year 2024
Assessed value
$478,150
Assessed 2024
Previous assessed
$438,350
+9.1% YoY
Effective rate
0.91%
On assessed value
Assessed land
$70,050
Assessed improvement
$408,100
Land market value
$70,050
Improvement market value
$408,100
Total market value
$478,150
Applied tax rate
331.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
10,100 SF
Lot
0.32 ac (13,939 SF)
Zoning code
COM
APN
191319-31452
UPID
US90-0540327
Jurisdiction
YAKIMA
Zoning & alternative use
COM · Yakima, WAZoning COM · permitted uses
COM · 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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Gill Investment Properties LLC
Entity
Mailing address
316 S 3RD ST, YAKIMA, WA 98901-2832
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
—
Gill Investment Properties LLC
—
Deed
related
$384,000 · Banner Bank
Mar 16, 2020
$450,000
Gill Investment Properties LLC
Punjabi Theka LLC
Warranty Deed
$510,000 · Pacific City Bank
Aug 9, 2017
—
Tbjs Ent LLC
Tahat,hasan
Quit Claim Deed
—
Aug 2, 2017
$385,000
Punjabi Theka LLC
Tbjs Enterprise LLC
Warranty Deed
$434,500 · Homestreet Bank
Dec 10, 2013
$400,000
Tbjs Ent LLC
Said,windi N
Grant Deed
—
Dec 10, 2013
—
Windi N Said
Tbjs Ent LLC
Grant Deed
—
Oct 30, 2009
$350,000
Windi N Said
Wentz,edward J
Grant Deed
—
Apr 18, 2008
—
Edward J Wentz
Turner,ricki K
Quit Claim Deed
related
—
May 9, 2007
—
Ricki K Turner
Wentz,yvonne E
Quit Claim Deed
related
—
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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