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Property profile & analytics
OFF-MARKET
Estimated value
$240,000
Retail space
501 Warehouse Ave Sunnyside, WA 98944-1350
Individually Owned
10-yr Hold
Free & Clear
Property ID
US90-0330275
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
WOOD
Total area
2,880 SF
Lot
0.59 ac (25,700 SF)
Zoning code
M1
APN
221025-22556
UPID
US90-0330275
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
-
Jalifi Powersports Repair Shop Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
Joel Gonzalez · 10 yrs held
Joel Gonzalez
since 2015
4 recorded transactions
Zoning & alternative use
M1 · Sunnyside, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zone is to provide locations for small manufacturing, processing, assembly or storage facilities that will strengthen and diversify Sunnysides economic base without conflicting with adjacent land uses.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
538.93 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
Method
Estimation
Statistic approach
by Request
ML approach
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±10%
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 2024Property tax & assessments
Tax year 2024
Tax billed
$782
Tax year 2024
Assessed value
$97,450
Assessed 2024
Previous assessed
$88,250
+10.4% YoY
Effective rate
0.80%
On assessed value
Assessed land
$34,850
Assessed improvement
$62,600
Land market value
$34,850
Improvement market value
$62,600
Total market value
$97,450
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
2,880 SF
Lot
0.59 ac (25,700 SF)
Zoning code
M1
APN
221025-22556
UPID
US90-0330275
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Sunnyside, WAZoning M1 · permitted uses
M1 · 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 locations for small manufacturing, processing, assembly or storage facilities that will strengthen and diversify Sunnysides economic base without conflicting with adjacent land uses.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
538.93 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Joel Gonzalez
Individual
Free & Clear · 10 yrs held
Mailing address
12111 S MISSIMER RD, PROSSER, WA 99350-7212
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2015
$325,100
Joel Gonzalez
Psb Credit Svcs INC
Grant Deed
—
Jul 10, 2015
$425,328
Psb Credit Svcs INC
Simpson Jeffrey R|dosch Allen M
Trustees Deed
related
—
Jun 20, 2013
—
Allen M Dosch
Chavez-reyna Investments LLC
Grant Deed
related
$378,000 · American West Bank
Dec 3, 2007
$140,679
Allen M Dosch
Chavez-reyna Investments LLC
Warranty Deed
$378,000 · American West 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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