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Property profile & analytics
OFF-MARKET
Estimated value
$10,740,000
Distribution centers
3445 Selph Lndg Rd, Pasco, WA 99301-8841
Individually Owned
2-yr Hold
Free & Clear
Property ID
US90-1891089
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Total area
12,000 SF
Lot
13.76 ac (599,386 SF)
APN
124250126
UPID
US90-1891089
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
$9.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.49M
Blend (final)
Blend
$10.74M
Owner & transaction history
L Paul Stangeland JR · 2 yrs held
L Paul Stangeland JR
since 2023
Last sale
$11.0M
5 recorded transactions
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
$11,860,000
ML approach
$9,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.74M
Range $9.67M – $11.81M · ±10% · vs last sale $11.00M (Aug 31 2023)
Last sale anchor
$11.00M
Aug 31 2023
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
$895 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$58,856
Tax year 2021
Assessed value
$6,397,200
Assessed 2023
Previous assessed
$6,397,200
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$464,000
Assessed improvement
$5,933,200
Land market value
$464,000
Improvement market value
$5,933,200
Total market value
$6,397,200
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Heating
NONE
Buildings
4
Total area
12,000 SF
Lot
13.76 ac (599,386 SF)
APN
124250126
UPID
US90-1891089
Jurisdiction
FRANKLIN
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
Year built
1980
Heating
NONE
Buildings
4
Lot
13.76 ac
Current owner
From public records · entity-resolved
L Paul Stangeland JR
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 3305TH PASCO, PASCO
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2023
$3,500,000
L Paul Stangeland JR
Vivian Stangeland
Release/satis. Of Agrem. Of Sale (fee Property)
related
—
Aug 31, 2023
$11,000,000
Premier Seed LLC
North American Potato Company INC
Warranty Deed
—
Jul 11, 2023
—
North American Potato Company INC
L Paul Stangeland JR
Quit Claim Deed
related
—
Aug 25, 2016
$3,500,000
L Paul Stangeland JR
Stangeland,vivian
Dual Purpose Document
related
$226,663 · Vivian Stangeland
—
—
Dirt Holdings LLC
—
Deed Of Trust
related
$242,250 · Bank Reale
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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