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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
5 Wenatchee Ave Wenatchee, WA 98801-2241
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-1873323
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
6,000 SF
Lot
0.28 ac (12,197 SF)
APN
222003590630
UPID
US90-1873323
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
-
Primary Residential Mortgage, Inc. Loan Service Bank
-
Uhrich & Co. CPA PLLC Accounting Firm Tax Preparation
-
Preferred Electric Electrical Service General Contractor
-
Viva Lash Lounge Hair Salon Nail Salon
-
CorVel Corporation Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$428k
Blend (final)
Blend
$500k
Owner & transaction history
5 South Wenatchee LLC · 3 yrs held
5 South Wenatchee LLC
since 2023
Last sale
$475,000
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 Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$575,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $475k (Mar 15 2023)
Last sale anchor
$475k
Mar 15 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
$83 / 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
$3,703
Tax year 2023
Assessed value
$417,656
Assessed 2022
Previous assessed
$391,391
+6.7% YoY
Effective rate
0.89%
On assessed value
Assessed land
$195,149
Assessed improvement
$222,507
Land market value
$195,149
Improvement market value
$222,507
Total market value
$417,656
Applied tax rate
802.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Heating
NONE
Total area
6,000 SF
Lot
0.28 ac (12,197 SF)
APN
222003590630
UPID
US90-1873323
Jurisdiction
CHELAN
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
1920
Heating
NONE
Lot
0.28 ac
Current owner
From public records · entity-resolved
5 South Wenatchee LLC
Entity
Free & Clear · 3 yrs held
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
5 South Wenatchee LLC
—
Deed
related
$400,000 · Numerica Cu
Mar 15, 2023
$475,000
5 South Wenatchee LLC
John G Chin
Warranty Deed
—
Nov 25, 2020
—
John G Chin
Wenatchee Ave Trust
Quit Claim Deed
related
—
Sep 30, 2020
$1,250,000
En Investments LLC
J Kirk Bromiley
Warranty Deed
$875,000 · Wheatland Bank
Jul 10, 2018
—
5 Wenatchee Ave Trust
Chin,john G
Quit Claim Deed
related
—
Sep 26, 2017
—
John G Chin
Chin,john G
Quit Claim Deed
—
Jul 21, 2017
—
John G Chin
Chin,john G
Quit Claim Deed
related
—
Dec 30, 2011
—
John G Chin
Chin,tony & Helen
Quit Claim Deed
related
$127,137 · Peoples Bank
Jun 13, 2007
$650,000
Tony Chin
Shelton,robert & Paula
Warranty Deed
$290,000 · Robert & Paula Shelton
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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