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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Office buildings
510 1st Ave Toppenish, WA 98948-1564
Trust Owned
13-yr Hold
Free & Clear
Property ID
US90-2764343
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,496 SF
Lot
5.17 ac (225,205 SF)
Zoning code
B2
APN
201009-11043
UPID
US90-2764343
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
-
Toppenish Medical-Dental Clinic Medical Clinic
-
Yakima Valley Farm Workers Social Service Agency Charitable Organization
-
Yakima Valley Farm Workers Clinic Medical Clinic
-
Teresa Charvet Physician
-
Annie Chisholm Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.22M
Owner & transaction history
Scheller,marie G Trust · 13 yrs held
Scheller,marie G Trust
since 2012
3 recorded transactions
Zoning & alternative use
B2 · Toppenish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent is to promote general business uses
Zone name
General Business
General category
COMMERCIAL
Zone area
101.35 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 Toppenish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toppenish 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,420,000
6.5%
$1,310,000
7%
$1,215,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,300,000
Current use
MEDICAL BUILDING
$1,260,000
Change: -3% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,105,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±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
$163 / 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
$6
Tax year 2024
Assessed value
$10,788,800
Assessed 2024
Previous assessed
$9,650,900
+11.8% YoY
Effective rate
0.00%
On assessed value
Assessed land
$676,000
Assessed improvement
$10,112,800
Land market value
$676,000
Improvement market value
$10,112,800
Total market value
$10,788,800
Applied tax rate
480.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
7,496 SF
Lot
5.17 ac (225,205 SF)
Zoning code
B2
APN
201009-11043
UPID
US90-2764343
Jurisdiction
YAKIMA
Zoning & alternative use
B2 · Toppenish, WAZoning B2 · permitted uses
B2 · Toppenish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent is to promote general business uses
Zone name
General Business
General category
COMMERCIAL
Zone area
101.35 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
5.17 ac
Current owner
From public records · entity-resolved
Scheller,marie G Trust
Trust
Free & Clear · 13 yrs held
Mailing address
PO BOX 190, TOPPENISH, WA 98948-0190
Ownership since
2012
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
Jan 16, 2015
—
Yakima Valley Farm Workers Cli
—
Grant Deed
related
$14,250,000 · Private Individual
Dec 18, 2012
—
Scheller,marie G Trust
Scheller Trust
Quit Claim Deed
related
—
Dec 18, 2012
$650,000
Yakima Valley Farm Workers Cli
Morse Janet M Trust
Warranty Deed
—
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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