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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Retail space
415 Columbia St Pasco, WA 99301-5636
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1654048
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Total area
2,955 SF
Lot
0.24 ac (10,454 SF)
APN
112041193
UPID
US90-1654048
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
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$452k
Blend (final)
Blend
$600k
Owner & transaction history
Iglesia Casa Be Bios Puerta Al Ciel · 1 yrs held
Iglesia Casa Be Bios Puerta Al Ciel
since 2024
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$925,000
+142.3%
Warehouse, storage
$750,000
+96.6%
Auto repair, garage
$650,000
+70.1%
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$380,000
Current use
COMMERCIAL (GENERAL)
$925,000
Change: +142% · Conversion: Easy
WAREHOUSE, STORAGE
$750,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$650,000
Change: +70% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Aug 16 2024)
Last sale anchor
$600k
Aug 16 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
$203 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$2,139
Tax year 2021
Assessed value
$622,200
Assessed 2023
Previous assessed
$622,200
+0.0% YoY
Effective rate
0.34%
On assessed value
Assessed land
$97,200
Assessed improvement
$525,000
Land market value
$97,200
Improvement market value
$525,000
Total market value
$622,200
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
1940
Heating
YES
Stories
1
Total area
2,955 SF
Lot
0.24 ac (10,454 SF)
APN
112041193
UPID
US90-1654048
Jurisdiction
FRANKLIN
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
$380,000
COMMERCIAL (GENERAL)
Est. value
$925,000
WAREHOUSE, STORAGE
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$650,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1940
Heating
YES
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Iglesia Casa Be Bios Puerta Al Ciel
Individual
Mailing address
720 N 20TH AVE, PASCO, WA 99301-4853
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2024
$600,000
Iglesia Casa Be Bios Puerta Al Ciel
Jesus Higareda Diaz
Warranty Deed
$550,000 · Jesus Fligareda Diaz
Jan 21, 2011
—
Jesus H Diaz
Gomez,edith A
Quit Claim Deed
related
$125,000 · Community First Bank
Jan 8, 2004
$164,000
Jesus H Diaz
Meheen,dave & Janice
Grant Deed
$85,000 · Columbia Trust Bank
—
—
Jesus H Diaz
—
Deed Of Trust
related
$43,000 · Benton-franklin Economic Dev
—
—
Jesus H Diaz
—
Deed Of Trust
related
$125,000 · 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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