New search
Property profile & analytics
OFF-MARKET
Office Spaces
320 Railroad Ave, Ellensburg, WA 98926-2761
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3091878
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1944
Total area
840 SF
Lot
0.84 ac (36,610 SF)
Zoning code
EIH
APN
918033
UPID
US90-3091878
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
-
Advanced Towing Solutions Auto Repair Shop
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
Marcelo Arellano · 1 yrs held
Marcelo Arellano
since 2025
Last sale
$355,556
7 recorded transactions
Zoning & alternative use
EIH · Ellensburg, 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 Ellensburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellensburg 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
Property tax & assessments
Assessed value
$315,120
Assessed 2024
Previous assessed
$282,920
+11.4% YoY
Assessed land
$201,360
Assessed improvement
$113,760
Land market value
$201,360
Improvement market value
$113,760
Total market value
$315,120
Applied tax rate
18.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1944
Heating
FLOOR/WALL FURNACE
Cooling
WALL UNIT
Stories
1
Total area
840 SF
Lot
0.84 ac (36,610 SF)
Zoning code
EIH
APN
918033
UPID
US90-3091878
Jurisdiction
KITTITAS
Zoning & alternative use
EIH · Ellensburg, WA
Zoning EIH · permitted uses
EIH · Ellensburg, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellensburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1944
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Marcelo Arellano
Individual
Mailing address
1019 129TH PL NW, TULALIP, WA 98271-7044
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
Marcelo Arellano
—
Deed
related
$291,993 · Pedro Rios Pacheco And Zhenia Hazel Sier
Mar 10, 2025
$355,556
Marcelo Arellano
Pacheco Rios
Warranty Deed
$300,000 · Pedro Rios Pacheco And Zhenia Hazel
Apr 13, 2021
$280,000
Pedro Rios Pacheco
Elk Valley LLC
Warranty Deed
—
Jun 1, 2011
$139,000
Elk Valley LLC
Schademan,carl W
Warranty Deed
$129,000 · Carl W Schademan
Jun 1, 2011
—
Carl W Schademan
Clifton,danny L
Deed In Lieu Of Foreclosure
related
—
Nov 10, 2008
—
Danny L Clifton
Schademan,carl F
Quit Claim Deed
related
—
Nov 10, 2008
$107,922
Kenneth L Voshall
Clifton,danny L
Warranty Deed
—
Aug 22, 2006
$180,000
Danny L Clifton
Schademan,carl
Warranty Deed
$140,000 · Carl W Schademan
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 320 Railroad Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
