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Property profile & analytics
OFF-MARKET
Individual retail properties
3201 4th St Union Gap, WA 98903-1832
Entity Owned
Free & Clear
Property ID
US90-0648333
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,580 SF
Lot
3.98 ac (173,369 SF)
Zoning code
PBD
APN
191205-32430
UPID
US90-0648333
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
UNION GAP SCHOOL 2
UNION GAP SCHOOL 2
Zoning & alternative use
PBD · Union Gap, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Public Building District (PBD). The purpose of the public building district is to provide for and acknowledge areas devoted to public and institutional uses including schools, water and wastewater facilities, city buildings and parking lots, state and county buildings and parking lots, and other similar uses. Uses and facilities in this district must be adeq…
Zone name
Public Building District
General category
UNKNOWN
Zone area
48.46 ac
Source
code of ordinances
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 Union Gap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Gap 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
$32
Tax year 2024
Assessed value
$1,175,300
Assessed 2024
Previous assessed
$863,300
+36.1% YoY
Effective rate
0.00%
On assessed value
Assessed land
$794,200
Assessed improvement
$381,100
Land market value
$794,200
Improvement market value
$381,100
Total market value
$1,175,300
Applied tax rate
300.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
6,580 SF
Lot
3.98 ac (173,369 SF)
Zoning code
PBD
APN
191205-32430
UPID
US90-0648333
Jurisdiction
YAKIMA
Zoning & alternative use
PBD · Union Gap, WAZoning PBD · permitted uses
PBD · Union Gap, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Public Building District (PBD). The purpose of the public building district is to provide for and acknowledge areas devoted to public and institutional uses including schools, water and wastewater facilities, city buildings and parking lots, state and county buildings and parking lots, and other similar uses. Uses and facilities in this district must be adequately buffered from adjacent residential areas. Buildings and parking lots located near residential areas should be buffered by setbacks and landscaping. Development must be served by a full range of urban services, with access by paved streets with curbs, gutters, and sidewalks. L.
Zone name
Public Building District
General category
UNKNOWN
Zone area
48.46 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.98 ac
Current owner
From public records · entity-resolved
UNION GAP SCHOOL 2
Individual
Free & Clear · 0 yrs held
Mailing address
3201 4TH ST, UNION GAP, WA 98903-1832
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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