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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Retail space
316 Toppenish Ave Toppenish, WA 98948
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US90-3335902
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
WOOD
Total area
5,500 SF
Lot
0.51 ac (22,216 SF)
Zoning code
SP
APN
201003-34488
UPID
US90-3335902
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
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$685k
Owner & transaction history
Iglesia Del Valle Assambleas · 23 yrs held
Iglesia Del Valle Assambleas
since 2003
1 recorded transaction
Zoning & alternative use
SP · Toppenish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$955,000
+37.0%
Medical building
$925,000
+32.5%
Industrial (general)
$810,000
+16.0%
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 Toppenish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toppenish 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$860,000
7%
$795,000
Alternative Use
Use
Estimation
RETAIL STORES
$700,000
Current use
OFFICE BUILDING
$955,000
Change: +37% · Conversion: Easy
MEDICAL BUILDING
$925,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$810,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10%
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
$125 / 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 2024Property tax & assessments
Tax year 2024
Assessed value
$333,250
Assessed 2024
Previous assessed
$336,650
-1.0% YoY
Assessed land
$115,450
Assessed improvement
$217,800
Land market value
$115,450
Improvement market value
$217,800
Total market value
$333,250
Applied tax rate
480.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
5,500 SF
Lot
0.51 ac (22,216 SF)
Zoning code
SP
APN
201003-34488
UPID
US90-3335902
Jurisdiction
YAKIMA
Zoning & alternative use
SP · Toppenish, WA
Zoning SP · permitted uses
SP · Toppenish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Toppenish. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$700,000
OFFICE BUILDING
Est. value
$955,000
MEDICAL BUILDING
Est. value
$925,000
INDUSTRIAL (GENERAL)
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$720,000
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1976
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Iglesia Del Valle Assambleas
Individual
Mailing address
PO BOX 126, TOPPENISH, WA 98948-0126
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2003
$280,000
Iglesia Del Valle Assambleas
New Life Worship Ctr Of The
Grant Deed
$220,000 · Assemblies Of God Fin'l Svcs
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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