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Property profile & analytics
OFF-MARKET
Retail space
351 Schooley Rd Zillah, WA 98953
Entity Owned
37-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0892914
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Construction
MANUFACTURED
Total area
1,868 SF
Lot
4.39 ac (191,228 SF)
Zoning code
PC
APN
201125-41401
UPID
US90-0892914
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
Corporation Of Cath Bish · 37 yrs held
Corporation Of Cath Bish
since 1989
1 recorded transaction
Zoning & alternative use
PC · Zillah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Public Land Church
General category
UNKNOWN
Zone area
10.21 ac
Source
Realmo
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 Zillah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zillah 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
Assessed value
$823,250
Assessed 2024
Previous assessed
$808,750
+1.8% YoY
Assessed land
$279,750
Assessed improvement
$543,500
Land market value
$279,750
Improvement market value
$543,500
Total market value
$823,250
Applied tax rate
540.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Construction
MANUFACTURED
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
2
Total area
1,868 SF
Lot
4.39 ac (191,228 SF)
Zoning code
PC
APN
201125-41401
UPID
US90-0892914
Jurisdiction
YAKIMA
Zoning & alternative use
PC · Zillah, WAZoning PC · permitted uses
PC · Zillah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Public Land Church
General category
UNKNOWN
Zone area
10.21 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2002
Construction
MANUFACTURED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
4.39 ac
Current owner
From public records · entity-resolved
Corporation Of Cath Bish
Entity
Free & Clear · 37 yrs held
Mailing address
5301 TIETON DR STE A, YAKIMA, WA 98908-3479
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1989
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
Apr 26, 1989
$466,500
Corporation Of Cath Bish
Unknown
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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