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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Distribution centers
4956 Contractors Dr East Wenatchee, WA 98802-8689
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1911765
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1996
Construction
METAL FRAME
Total area
5,000 SF
Lot
1.01 ac (43,996 SF)
Zoning code
I-G
APN
46700000400
UPID
US90-1911765
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Gfi Holdings LLC · 2 yrs held
Gfi Holdings LLC
since 2023
Last sale
$595,000
1 recorded transaction
Zoning & alternative use
I-G · East Wenatchee, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$920,000
+221.8%
Office building
$745,000
+161.2%
Retail stores
$650,000
+126.6%
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 East Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Wenatchee 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
$560,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$920,000
Change: +222% · Conversion: Difficult
OFFICE BUILDING
$745,000
Change: +161% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +127% · Conversion: Moderate
AUTO REPAIR, GARAGE
$635,000
Change: +121% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$580,000
Change: +103% · Conversion: Difficult
COMMERCIAL (GENERAL)
$435,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $595k (Dec 27 2023)
Last sale anchor
$595k
Dec 27 2023
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
$114 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,858
Tax year 2023
Assessed value
$458,600
Assessed 2023
Previous assessed
$458,600
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$241,300
Assessed improvement
$217,300
Land market value
$241,300
Improvement market value
$217,300
Total market value
$458,600
Applied tax rate
55.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1996
Construction
METAL FRAME
Heating
NONE
Stories
1
Total area
5,000 SF
Lot
1.01 ac (43,996 SF)
Zoning code
I-G
APN
46700000400
UPID
US90-1911765
Jurisdiction
DOUGLAS
Zoning & alternative use
I-G · East Wenatchee, WA
Zoning I-G · permitted uses
I-G · East Wenatchee, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Wenatchee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$920,000
OFFICE BUILDING
Est. value
$745,000
RETAIL STORES
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$635,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$435,000
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1996
Construction
METAL FRAME
Heating
NONE
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Gfi Holdings LLC
Entity
Mailing address
4956 CONTRACTORS DR, EAST WENATCHEE, WA 98802-8689
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2023
$594,995
Gfi Holdings LLC
B & O Partnership
Warranty Deed
$297,500 · Jerry Ornelas
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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