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Property profile & analytics
OFF-MARKET
Estimated value
$1,905,000
Medical Office Space
3901 Tieton Dr Yakima, WA 98902-3667
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3328569
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,610 SF
Lot
0.53 ac (23,087 SF)
Zoning code
SCC
APN
181322-43052
UPID
US90-3328569
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
-
Dr. Sandy Wasson Veterinary Clinic
-
Dr. Andrea Bomgaars Veterinary Clinic
-
Tieton Drive Animal Clinic Veterinary Clinic
-
Dr. Brian Kegley Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.91M
Owner & transaction history
Nva Re LLC · 4 yrs held
Nva Re LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
SCC · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the small convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet community retail shopping and service needs.
Zone name
Small Convenience Center District
General category
COMMERCIAL
Zone area
309.25 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.0M
+208.3%
Commercial (general)
$1.7M
+157.6%
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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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
$1,850,000
ML approach
$1,990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,980,000
Change: +208% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,655,000
Change: +158% · Conversion: Easy
Blend value · Realmo final
$1.91M
Range $1.71M – $2.10M · ±10% · vs last sale $1.88M (Apr 7 2022)
Last sale anchor
$1.88M
Apr 7 2022
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
$340 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,676
Tax year 2024
Assessed value
$1,571,100
Assessed 2024
Previous assessed
$1,431,500
+9.8% YoY
Effective rate
0.87%
On assessed value
Assessed land
$230,700
Assessed improvement
$1,340,400
Land market value
$230,700
Improvement market value
$1,340,400
Total market value
$1,571,100
Applied tax rate
333.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
5,610 SF
Lot
0.53 ac (23,087 SF)
Zoning code
SCC
APN
181322-43052
UPID
US90-3328569
Jurisdiction
YAKIMA
Zoning & alternative use
SCC · Yakima, WAZoning SCC · permitted uses
SCC · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the small convenience center district is to: Provide areas for commercial activities outside the downtown commercial district that meet community retail shopping and service needs.
Zone name
Small Convenience Center District
General category
COMMERCIAL
Zone area
309.25 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RESTAURANT
COMMERCIAL (GENERAL)
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Nva Re LLC
Entity
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
—
Nva Re LLC
Realty Income Properties 16 LLC
Lease
—
Apr 7, 2022
—
Nvr Re LLC
Realty Income Properites 16 LLC
Lease
—
Apr 7, 2022
$1,884,964
Realty Income Properites 16 LLC
Nva Re LLC
Bargain And Sale Deed
—
Aug 26, 2019
$1,500,000
Nva Re LLC
Tdvc Properties LLC
Warranty Deed
—
Oct 8, 2010
—
William Moultray
Bohlke,w Denny & Joyce
Warranty Deed
—
Dec 28, 2007
—
Tdvc Properties LLC
Moultray,william C & Pamela M
Quit Claim Deed
related
—
Dec 3, 2004
$425,000
William Moultray
Bohlke,w D & Joyce
Grant Deed
—
—
—
Tdvc Properties LLC
—
Deed Of Trust
related
$408,000 · Northwest Busn Dev Assn
—
—
Tdvc Properties LLC
—
Deed Of Trust
related
$611,581 · Cashmere Valley 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.
Try Rey
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