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Property profile & analytics
OFF-MARKET
Warehouses
409 5th St Grandview, WA 98930-1614
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-2426604
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,139 SF
Lot
0.93 ac (40,511 SF)
Zoning code
R1
APN
230923-14556
UPID
US90-2426604
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
-
Puterbaugh Construction Construction Company General Contractor
-
Artistry Underfoot Construction Company General Contractor
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
Bunch Investments LLC · 10 yrs held
Bunch Investments LLC
since 2016
7 recorded transactions
Zoning & alternative use
R1 · Grandview, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Purpose. § 17.26.020 Permitted uses. § 17.26.030 Permitted accessory uses. § 17.26.040 Conditional uses. § 17.26.050 Development standards. § 17.26.060 Area regulations - Construction and siting standards. Chapter 17.30 R-1 LOW DENSITY RESIDENTIAL DISTRICT § 17.30.010 Purpose. § 17.30.020 Permitted uses. § 17.30.030 Permitted accessory uses. § 17.30.040 Cond…
Zone name
Low Density Residential
General category
RESIDENTIAL
Zone area
779.88 ac
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 Grandview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grandview 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
Tax billed
$3,787
Tax year 2024
Assessed value
$438,600
Assessed 2024
Previous assessed
$411,400
+6.6% YoY
Effective rate
0.86%
On assessed value
Assessed land
$105,300
Assessed improvement
$333,300
Land market value
$105,300
Improvement market value
$333,300
Total market value
$438,600
Applied tax rate
440.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
2,139 SF
Lot
0.93 ac (40,511 SF)
Zoning code
R1
APN
230923-14556
UPID
US90-2426604
Jurisdiction
YAKIMA
Zoning & alternative use
R1 · Grandview, WAZoning R1 · permitted uses
R1 · Grandview, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Purpose. § 17.26.020 Permitted uses. § 17.26.030 Permitted accessory uses. § 17.26.040 Conditional uses. § 17.26.050 Development standards. § 17.26.060 Area regulations - Construction and siting standards. Chapter 17.30 R-1 LOW DENSITY RESIDENTIAL DISTRICT § 17.30.010 Purpose. § 17.30.020 Permitted uses. § 17.30.030 Permitted accessory uses. § 17.30.040 Conditional uses. § 17.30.050 Development standards. § 17.30.060 Area regulations - Con
Zone name
Low Density Residential
General category
RESIDENTIAL
Zone area
779.88 ac
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Bunch Investments LLC
Entity
Mailing address
409 E 5TH ST, GRANDVIEW, WA 98930-1614
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jul 18, 2016
—
Bunch Investments LLC
—
Deed
related
$130,000 · Northwest Busn Dev Assn
Jun 30, 2016
—
Bunch Investments LLC
—
Deed
related
$130,000 · Northwest Busn Dev Assn
May 20, 2016
$306,500
Bunch Investments LLC
Gary S Beavan
Warranty Deed
$153,839 · Wheatland Bank
Jul 8, 2015
—
Beavan,norma A Trust
PC Group LLC
Quit Claim Deed
related
—
Jul 29, 2005
$260,000
Beavan Norma A Trust
PC Group LLC
Quit Claim Deed
related
—
Apr 11, 2000
—
PC Group LLC
Beavan,stanley G & Norma A
Quit Claim Deed
related
—
—
—
Bunch Investments LLC
—
Deed Of Trust
related
$130,000 · Northwest Busn Dev Assn
—
—
Bunch Investments LLC
—
Deed Of Trust
related
$130,000 · Northwest Busn Dev Assn
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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