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Property profile & analytics
OFF-MARKET
Outlet malls
503 Railroad Ave, Ellensburg, WA 98926-2765
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0282597
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1935
Total area
1,766 SF
Lot
0.18 ac (7,632 SF)
Zoning code
EIL
APN
57933
UPID
US90-0282597
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
-
Bellanca Homes Construction Company General Contractor
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
Senior Life Resources Northwest · 1 yrs held
Senior Life Resources Northwest
since 2025
7 recorded transactions
Zoning & alternative use
EIL · Ellensburg, 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 Ellensburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellensburg 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
Property tax & assessments
Assessed value
$201,230
Assessed 2024
Previous assessed
$187,330
+7.4% YoY
Assessed land
$45,780
Assessed improvement
$155,450
Land market value
$45,780
Improvement market value
$155,450
Total market value
$201,230
Applied tax rate
18.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1935
Heating
SPACE
Cooling
WALL UNIT
Stories
1
Total area
1,766 SF
Lot
0.18 ac (7,632 SF)
Zoning code
EIL
APN
57933
UPID
US90-0282597
Jurisdiction
KITTITAS
Zoning & alternative use
EIL · Ellensburg, WA
Zoning EIL · permitted uses
EIL · Ellensburg, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellensburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Senior Life Resources Northwest
Individual
Mailing address
1027 S THORP HWY, ELLENSBURG, WA 98926-8006
Ownership since
2025
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
Jun 16, 2025
$625,909
Senior Life Resources Northwest
Twp Properties LLC
Warranty Deed
—
Jun 6, 2018
$164,150
Twp Properties LLC
Abhold,tara & Gloria
Warranty Deed
—
Jun 6, 2018
—
Twp Properties LLC
Paul,heather
Warranty Deed
—
Apr 30, 2018
—
Tara Abhold
Spool No 72 LLC
Warranty Deed
—
Dec 30, 2014
$132,000
Spool No 72 LLC
Williams,toby & Jaymi
Grant Deed
—
Jun 5, 2009
$105,000
Toby Williams
Culpepper Vannoy
Warranty Deed
$35,000 · Innerdock LLC
—
—
Toby Williams
—
Deed Of Trust
related
$73,648 · Cashmere Valley 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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