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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Retail space
401 Wellsian Way Richland, WA 99352-4118
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-3317863
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Construction
CONCRETE
Total area
1,800 SF
Lot
1.03 ac (44,997 SF)
APN
115981020400056
UPID
US90-3317863
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
-
Legacy Jiu-Jitsu Academy Training Center Sports School
-
The Botanical Bar Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Sagrado Salon & Skin Hair Salon Nail Salon
-
Goldlink (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Clyde V Brummell LLC · 1 yrs held
Clyde V Brummell LLC
since 2024
Last sale
$1.5M
7 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 Richland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richland 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Sep 20 2024)
Last sale anchor
$1.50M
Sep 20 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
$833 / 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
$625,220
Assessed 2023
Previous assessed
$596,460
+4.8% YoY
Assessed land
$239,630
Assessed improvement
$385,590
Land market value
$239,630
Improvement market value
$385,590
Total market value
$625,220
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
1993
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
1,800 SF
Lot
1.03 ac (44,997 SF)
APN
115981020400056
UPID
US90-3317863
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
Building & site characteristics
From public records
Year built
1993
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Clyde V Brummell LLC
Entity
Mailing address
401 PO BOX 209TH WAY, HOMER, AK 99603-0209
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
$1,637,229
Clyde V Brummell LLC
Conte Properties LLC
Warranty Deed
—
Sep 20, 2024
$1,500,000
Clyde V Brummell LLC
Conte Properties LLC
Warranty Deed
—
Dec 22, 2022
—
Conte Properties LLC
—
Deed
related
$1,060,000 · Hapo Community Cu
Jul 20, 2022
$949,438
Conte Properties LLC
T & P Investments LLC
Release/satis. Of Agrem. Of Sale (fee Property)
related
—
Jul 20, 2022
$1,000,000
Conte Properties LLC
T & P Investments LLC
Deed
related
—
Jan 24, 2022
$1,000,000
Conte Properties LLC
T & P Investments LLC
Contract Sale
$925,000 · T&p Investments LLC
Jun 27, 2006
$315,000
T & P Investments LLC
Johnson,brian
Warranty Deed
$283,500 · Community First Bank
—
—
T & P Investments
—
Deed Of Trust
related
$346,944 · Community First 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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