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Property profile & analytics
OFF-MARKET
Bars & Pubs
501 1st St Wapato, WA 98951-1105
Individually Owned
7-yr Hold
Free & Clear
Property ID
US90-0700088
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1947
Construction
WOOD
Total area
2,776 SF
Lot
0.41 ac (17,860 SF)
Zoning code
B2
APN
191115-12062
UPID
US90-0700088
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Angel F Suarez · 7 yrs held
Angel F Suarez
since 2018
3 recorded transactions
Zoning & alternative use
B2 · Wapato, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Local Business District (B-2). 1. The purpose of the local business district is to: a. Provide areas for commercial activities outside the central business district that meet the retail shopping and service needs of the community; and b. Accommodate small-scale commercial uses requiring high visibility and easy access to major arterials. 2. Use characteristi…
Zone name
Local Business
General category
COMMERCIAL
Zone area
1.40 ac
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 Wapato submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wapato 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
$1,656
Tax year 2024
Assessed value
$208,350
Assessed 2024
Previous assessed
$193,750
+7.5% YoY
Effective rate
0.79%
On assessed value
Assessed land
$134,750
Assessed improvement
$73,600
Land market value
$134,750
Improvement market value
$73,600
Total market value
$208,350
Applied tax rate
560.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
2,776 SF
Lot
0.41 ac (17,860 SF)
Zoning code
B2
APN
191115-12062
UPID
US90-0700088
Jurisdiction
YAKIMA
Zoning & alternative use
B2 · Wapato, WAZoning B2 · permitted uses
B2 · Wapato, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Local Business District (B-2). 1. The purpose of the local business district is to: a. Provide areas for commercial activities outside the central business district that meet the retail shopping and service needs of the community; and b. Accommodate small-scale commercial uses requiring high visibility and easy access to major arterials. 2. Use characteristics of this district include small retail sales and service establishments. G.
Zone name
Local Business
General category
COMMERCIAL
Zone area
1.40 ac
Building & site characteristics
From public records
Year built
1947
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Angel F Suarez
Individual
Free & Clear · 7 yrs held
Mailing address
1312 S 11TH AVE, YAKIMA, WA 98902-5443
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2018
$240,000
Angel F Suarez
Whitaker,ballard J & Sheila A
Warranty Deed
—
Aug 23, 2017
$240,000
Angel F Suarez
Whitaker,ballard J & Sheila A
Dual Purpose Document
related
$120,000 · Ballard J & Sheila A Whitaker
—
—
Ballard J Whitaker
—
Deed Of Trust
related
$96,408 · America's Wholesale Lender
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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