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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Mobile home & RV parks
500 2nd SW Ave 1, Rock Island, WA 98850-7502
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-1992105
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1967
Lot
5 ac (217,800 SF)
Zoning code
2
APN
10200002101
UPID
US90-1992105
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
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Rochard View LLC · 5 yrs held
Rochard View LLC
since 2021
Last sale
$530,000
7 recorded transactions
Zoning & alternative use
2 · Rock Island, WA
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 Rock Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rock Island 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
$565,000
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $530k (Mar 25 2021)
Last sale anchor
$530k
Mar 25 2021
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
—
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
$4,080
Tax year 2023
Assessed value
$507,500
Assessed 2023
Previous assessed
$475,500
+6.7% YoY
Effective rate
0.80%
On assessed value
Assessed land
$286,200
Assessed improvement
$221,300
Land market value
$286,200
Improvement market value
$221,300
Total market value
$507,500
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1967
Heating
NONE
Lot
5 ac (217,800 SF)
Zoning code
2
APN
10200002101
UPID
US90-1992105
Jurisdiction
DOUGLAS
Zoning & alternative use
2 · Rock Island, WA
Zoning 2 · permitted uses
2 · Rock Island, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rock Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Lot
5 ac
Current owner
From public records · entity-resolved
Rochard View LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2900 N GOVERNMENT WAY #106, COEUR D ALENE, ID 83815-3751
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2021
—
Rochard View LLC
John Stanton
Quit Claim Deed
related
—
Aug 20, 2020
—
John A Stanton
—
Deed
related
$224,216 · Us Bk
Oct 4, 2019
—
John A Stanton
—
Deed
related
$234,741 · Us Bk
Mar 4, 2005
$530,000
John Stanton
Parpart,terry L & Jayne E
Grant Deed
—
—
—
Stanton,john A & Rachel J
—
Loan Modification
related
$250,000 · Us Bk
—
—
John A Stanton
—
Loan Modification
related
$234,741 · Us Bk
—
—
John A Stanton
—
Loan Modification, Consolidation And Extension
related
$224,216 · Us Bk
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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