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Property profile & analytics
FOR SALE
Retail space
501 West Lincoln Ave Yakima, WA 98902
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0079536
For Sale
1 / 16
$2,400,000
501 West Lincoln Ave, Yakima, WA 98902
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Construction
WOOD
Total area
9,384 SF
Lot
0.63 ac (27,443 SF)
Zoning code
COM
APN
181324-12533
UPID
US90-0079536
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
-
Dollar Tree Discount Store
-
Dollar Stretcher Discount Store
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
Lucky Sun Invesetments INC · 1 yrs held
Lucky Sun Invesetments INC
since 2024
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
COM · Yakima, 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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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
$11,580
Tax year 2024
Assessed value
$1,301,900
Assessed 2024
Previous assessed
$917,500
+41.9% YoY
Effective rate
0.89%
On assessed value
Assessed land
$218,500
Assessed improvement
$1,083,400
Land market value
$218,500
Improvement market value
$1,083,400
Total market value
$1,301,900
Applied tax rate
333.0000
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
For Sale
Year built
1996
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
9,384 SF
Lot
0.63 ac (27,443 SF)
Zoning code
COM
APN
181324-12533
UPID
US90-0079536
Jurisdiction
YAKIMA
Zoning & alternative use
COM · Yakima, WA
Zoning COM · permitted uses
COM · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yakima. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Lucky Sun Invesetments INC
Entity
Mailing address
2355 WESTWOOD BLVD #410, LOS ANGELES, CA 90064-2109
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
—
Bilga Properties LLC
—
Deed
related
$866,653 · American Continental Bank
Aug 6, 2024
$2,100,000
Lucky Sun Invesetments INC
Yakima 18 LLC
Bargain And Sale Deed
$1,000,000 · Umpqua Bank
Oct 28, 2022
$1,400,000
Yakima 18 LLC
Bilga Properties LLC
Warranty Deed
$1,480,000 · Numerica Cu
Jan 28, 2020
—
Bilga Properties LLC
—
Deed
related
$60,000 · North Pearl Holdings LLC
Sep 28, 2018
$106,180
Bilga Properties LLC
Meadowland Investments LLC
Warranty Deed
$944,000 · American Continental Bank
Oct 25, 2013
—
Meadowland Investment LLC
Meadowland Investments LLC
Quit Claim Deed
$565,000 · Bank Of The West
Jan 3, 2006
$1,050,000
Meadowland Investments LLC
C Schultz LLC
Warranty Deed
$650,000 · Umpqua Bank
Aug 31, 2005
—
C Schultz LLC
—
Grant Deed
related
$1,864,000 · J B Sims
Apr 28, 1994
$67,500
Craig R Schultz
Chevron U S A INC
Grant Deed
—
—
—
Craig R Schultz
—
Deed Of Trust
related
$1,000,000 · Pacific Northwest Bank
—
—
Bilga Properties LLC
—
Deed Of Trust
related
$60,000 · North Pearl Holdings LLC
—
—
Bilga Properties LLC
—
Deed Of Trust
related
$600,000 · North Pearl Holdings LLC
—
—
C Schultz LLC
—
Deed Of Trust
related
$500,000 · 2 J Crown Point LLC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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