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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Retail space
425 Elm St Toppenish, WA 98948-1904
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0613504
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
WOOD
Total area
6,300 SF
Lot
0.94 ac (40,946 SF)
Zoning code
B2
APN
201009-12410
UPID
US90-0613504
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
-
Subway Take-out & Catering
-
H&R Block Tax Preparation
-
Anytime Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.32M
Owner & transaction history
Dlt Fit City LLC · 4 yrs held
Dlt Fit City LLC
since 2022
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
B2 · Toppenish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent is to promote general business uses
Zone name
General Business
General category
COMMERCIAL
Zone area
101.35 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.0M
+146.4%
Commercial (general)
$1.8M
+130.2%
Office building
$1.1M
+37.0%
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 Toppenish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toppenish 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
$1,430,000
ML approach
$1,385,000
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
RETAIL STORES
$800,000
Current use
RESTAURANT
$1,970,000
Change: +146% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,840,000
Change: +130% · Conversion: Easy
OFFICE BUILDING
$1,095,000
Change: +37% · Conversion: Easy
MEDICAL BUILDING
$1,060,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$925,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$825,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±10% · vs last sale $1.30M (Feb 15 2022)
Last sale anchor
$1.30M
Feb 15 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
$210 / 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
$10,737
Tax year 2024
Assessed value
$1,251,500
Assessed 2024
Previous assessed
$1,190,100
+5.2% YoY
Effective rate
0.86%
On assessed value
Assessed land
$266,100
Assessed improvement
$985,400
Land market value
$266,100
Improvement market value
$985,400
Total market value
$1,251,500
Applied tax rate
480.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
6,300 SF
Lot
0.94 ac (40,946 SF)
Zoning code
B2
APN
201009-12410
UPID
US90-0613504
Jurisdiction
YAKIMA
Zoning & alternative use
B2 · Toppenish, WAZoning B2 · permitted uses
B2 · Toppenish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent is to promote general business uses
Zone name
General Business
General category
COMMERCIAL
Zone area
101.35 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$800,000
RESTAURANT
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$825,000
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2004
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Dlt Fit City LLC
Entity
Mailing address
219 W 1ST ST, WAPATO, WA 98951-1303
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2022
—
A Dlt Fit City LLC
—
Deed
related
$545,000 · Evergreen Business Capital
Feb 15, 2022
$1,300,000
Dlt Fit City LLC
Winkelworld Toppenish LLC
Warranty Deed
$659,100 · Banner Bank
Nov 30, 2006
—
Winkelworld Toppenish LLC
Winkelman Lois A Trust
Quit Claim Deed
related
—
Oct 12, 2004
$1,165,000
Winkelman Lois A Trust
Rwp Toppenish LLC
Warranty Deed
—
May 14, 2004
$135,000
Rwp Toppenish LLC
Mcglothlen,gary & Gloria J
Warranty Deed
—
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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