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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Retail space
3600 Clearwater Ave Kennewick, WA 99336-2682
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0055843
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
CONCRETE
Total area
12,673 SF
Lot
0.89 ac (38,869 SF)
APN
134994080000019
UPID
US90-0055843
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
-
Cinco De Mayo Family Restaurant Restaurant
-
Metro by T-Mobile Telecommunications Service
-
Smoke City For Less (Bike/Boat/Book/etc) Store
-
Delicias Raspados - Kennewick Bar & Pub
-
Rent-A-Center Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
$2.30M
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$2.40M
Owner & transaction history
Jaber Investments LLC · 1 yrs held
Jaber Investments LLC
since 2024
Last sale
$2.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.7M
+73.2%
Restaurant
$3.2M
+47.7%
Office building
$2.8M
+30.0%
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 Kennewick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennewick 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
$2,400,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
$2,485,000
6.5%
$2,295,000
7%
$2,130,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,130,000
Current use
COMMERCIAL (GENERAL)
$3,695,000
Change: +73% · Conversion: Easy
RESTAURANT
$3,150,000
Change: +48% · Conversion: Easy
OFFICE BUILDING
$2,775,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10% · vs last sale $2.40M (Nov 27 2024)
Last sale anchor
$2.40M
Nov 27 2024
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
$189 / 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
Property tax & assessments
Assessed value
$1,671,020
Assessed 2023
Previous assessed
$1,728,360
-3.3% YoY
Assessed land
$455,440
Assessed improvement
$1,215,580
Land market value
$455,440
Improvement market value
$1,215,580
Total market value
$1,671,020
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
1980
Construction
CONCRETE
Heating
YES
Stories
1
Total area
12,673 SF
Lot
0.89 ac (38,869 SF)
APN
134994080000019
UPID
US90-0055843
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$3.7M
RESTAURANT
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
YES
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Jaber Investments LLC
Entity
Mailing address
5906 W LONEWOLF AVE, SPOKANE, WA 99208-9311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$2,400,000
Jaber Investments LLC
C & C Investment Coompany LLC
Warranty Deed
$1,200,000 · C&c Investments Co LLC
Dec 6, 2004
—
C & C Investment Co LLC
Cho,chin H & Me Y
Quit Claim Deed
related
—
Oct 4, 2004
$1,500,000
Chin H Cho
Bjl Properties LLC
Grant Deed
related
—
Sep 30, 2004
$1,500,000
Chin H Cho
Bjl Properties LLC
Warranty Deed
related
$1,000,000 · Washington Trust Bank
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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