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Property profile & analytics
OFF-MARKET
Agricultural properties
3411 School St Wenatchee, WA 98801-9004
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US90-2079577
Property summary
AI-generated overview
This single-tenant industrial property, located at 3411 School St, Wenatchee, WA 98801, offers 8,900 square feet of manufacturing space in a Class B building. Constructed in 1921 and renovated in 1993, the property sits on 0.87 acres of land (APN 232021860589) within Chelan County. The single-story building features a ceiling height ranging from 12 to 16 feet and includes one drive-in door. The zoning is designated as CN. Its strategic location provides easy access to major transportation routes, making it ideal for logistical operations. The property's proximity to the Wenatchee Valley Mall offers convenience for employees and potential customer traffic. The surrounding area, encompassing Chelan and Douglas Counties, is known for its scenic beauty, including the Columbia River and various outdoor recreational opportunities. This presents a compelling environment for industrial and distribution businesses seeking growth and expansion. The property is perfect for a business seeking a well-maintained, single-tenant manufacturing space in a desirable location.
Property profile
Verified
Property type
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Total area
2,400 SF
Lot
0.87 ac (37,897 SF)
APN
232021860589
UPID
US90-2079577
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
-
Lombard's Hardwood Supply Big Box & Wholesale Store Building Supply
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
Lombard Properties LLC · 15 yrs held
Lombard Properties LLC
since 2010
1 recorded transaction
Zoning & alternative use
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 Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wenatchee 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,078
Tax year 2023
Assessed value
$291,111
Assessed 2022
Previous assessed
$258,637
+12.6% YoY
Effective rate
1.06%
On assessed value
Assessed land
$75,534
Assessed improvement
$215,577
Land market value
$75,534
Improvement market value
$215,577
Total market value
$291,111
Applied tax rate
74.0000
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
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Status
Off-Market
Heating
NONE
Total area
2,400 SF
Lot
0.87 ac (37,897 SF)
APN
232021860589
UPID
US90-2079577
Jurisdiction
CHELAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.87 ac
Current owner
From public records · entity-resolved
Lombard Properties LLC
Entity
Mailing address
3411 SCHOOL ST, WENATCHEE, WA 98801-9004
Ownership since
2010
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
Aug 19, 2010
—
Lombard Properties LLC
Lombard,mark C
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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