Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Motels
511 Elm St Toppenish, WA 98948-1651
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1196682
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1979
Construction
WOOD
Total area
19,382 SF
Lot
1.97 ac (85,813 SF)
Zoning code
B1
APN
201009-12015
UPID
US90-1196682
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
-
Behavioral Health Services Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.86M
CAP Approach
CAP
$2.25M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.81M
Owner & transaction history
Confederated Tribes & Bands · 5 yrs held
Confederated Tribes & Bands
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
B1 · Toppenish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent is to promote local business uses
Zone name
Local Business
General category
COMMERCIAL
Zone area
92.78 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.5M
+104.8%
Commercial (general)
$2.4M
+97.4%
Medical building
$2.3M
+84.6%
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
$1,850,000
ML approach
$1,860,000
CAP Approach
CAP Return
Estimation
6%
$2,430,000
6.5%
$2,245,000
7%
$2,085,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,230,000
Current use
RESTAURANT
$2,520,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,425,000
Change: +97% · Conversion: Difficult
MEDICAL BUILDING
$2,270,000
Change: +85% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,135,000
Change: +74% · Conversion: Difficult
RETAIL STORES
$1,730,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$1,500,000
Change: +22% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,230,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.62M – $1.99M · ±10% · vs last sale $1.54M (Aug 21 2020)
Last sale anchor
$1.54M
Aug 21 2020
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
$93 / 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
$16,721
Tax year 2024
Assessed value
$1,949,100
Assessed 2024
Previous assessed
$1,949,100
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$85,600
Assessed improvement
$1,863,500
Land market value
$85,600
Improvement market value
$1,863,500
Total market value
$1,949,100
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Total area
19,382 SF
Lot
1.97 ac (85,813 SF)
Zoning code
B1
APN
201009-12015
UPID
US90-1196682
Jurisdiction
YAKIMA
Zoning & alternative use
B1 · Toppenish, WAZoning B1 · permitted uses
B1 · 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 local business uses
Zone name
Local Business
General category
COMMERCIAL
Zone area
92.78 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.2M
RESTAURANT
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
HOTEL/MOTEL Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE 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
1979
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
1.97 ac
Current owner
From public records · entity-resolved
Confederated Tribes & Bands
Individual
Mailing address
401 FT RD, TOPPENISH, WA 98948
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
—
Confederated Tribes & Bands
Kandt LLC
Warranty Deed
—
Dec 3, 2013
$2,156,000
Kandt LLC
Nj Properties INC
Warranty Deed
$1,448,000 · Unibank
Jul 1, 2011
—
Nj Properties INC
Rakesh Panchal
Quit Claim Deed
related
$1,503,717 · Cashmere Valley Bank
Oct 6, 2006
$1,240,384
Rakesh Panchal
Nam,ilhong & Jung S
Warranty Deed
$1,175,920 · American West Bank
Jul 30, 1999
$900,000
Il H Nam
Han,kyu Y & Mal S
Grant Deed
$775,000 · Newcourt Small Business Lendin
Jul 25, 1996
$720,000
Kyun Y Han
Kim,young W
Grant Deed
$765,000 · City Bank
Nov 28, 1994
$700,000
Young W Kim
Yi,sang H & Yong J
Grant Deed
$350,000 · City Bank
Apr 11, 1994
$900,000
Sang H Yi
Bahk,jeffrey & Sam
Grant Deed
$445,462 · Seller
—
—
Rakesh Panchal
—
Deed Of Trust
related
$205,650 · Evergreen Business Capital
—
—
Nam Llhong
—
Deed Of Trust
related
$160,000 · Cit Small Business Lending Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 511 Elm St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
