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Property profile & analytics
OFF-MARKET
Medical Office Space
500 11th St Sunnyside, WA 98944-2240
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US90-3257115
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
WOOD
Total area
4,596 SF
Lot
0.48 ac (20,909 SF)
Zoning code
PB
APN
221025-42455
UPID
US90-3257115
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
-
Richard Mynatt, MD Physician Medical Clinic
-
Grupo De Cirugia Especial Medical Clinic
-
Astria Sunnyside Hospital - Specialty Center Surgical Group Hospital
-
Manuel Ybanez, MD Physician
-
David Shoemaker, MD Physician Medical Clinic
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
Specialty Center Mob LLC · 16 yrs held
Specialty Center Mob LLC
since 2009
6 recorded transactions
Zoning & alternative use
PB · Sunnyside, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zone is to provide areas for professional offices. These areas should be located along major arterials on the periphery of and adjacent to commercial areas, thereby buffering residential areas from concentrated commercial activity.
Zone name
Professional Business
General category
COMMERCIAL
Zone area
45.91 ac
Source
Realmo
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 Sunnyside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyside 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
$4,021
Tax year 2024
Assessed value
$501,500
Assessed 2024
Previous assessed
$498,100
+0.7% YoY
Effective rate
0.80%
On assessed value
Assessed land
$63,100
Assessed improvement
$438,400
Land market value
$63,100
Improvement market value
$438,400
Total market value
$501,500
Applied tax rate
460.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
4,596 SF
Lot
0.48 ac (20,909 SF)
Zoning code
PB
APN
221025-42455
UPID
US90-3257115
Jurisdiction
YAKIMA
Zoning & alternative use
PB · Sunnyside, WAZoning PB · permitted uses
PB · Sunnyside, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zone is to provide areas for professional offices. These areas should be located along major arterials on the periphery of and adjacent to commercial areas, thereby buffering residential areas from concentrated commercial activity.
Zone name
Professional Business
General category
COMMERCIAL
Zone area
45.91 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Specialty Center Mob LLC
Entity
Mailing address
1214 N 20TH AVE, YAKIMA, WA 98902-1209
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2009
$1,295,608
Specialty Center Mob LLC
Butler,lloyd H & Gloria A
Warranty Deed
—
Jan 21, 2003
$525,000
Lloyd H Butler
Lower Valley Specialty Center
Grant Deed
$423,088 · Columbia Trust Bank
Jan 27, 1994
$214,887
Pearson,john C
Oler,ralph C & Claire B
Trustees Deed
—
Jan 27, 1994
—
Lower Valley Specialty Center
Pearson,john C
Trustees Deed
related
$139,591 · Individual
—
—
John C Pearson
—
Deed Of Trust
related
$428,000 · Home Security Bank
—
—
Lloyd H Butler
—
Deed Of Trust
related
$435,000 · Columbia River 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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