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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Distribution properties
512 194th St Ridgefield, WA 98642-5500
Entity Owned
5-yr Hold
Property ID
US90-3358278
Property profile
Verified
Property type
Distribution properties
Use group
COM AUTO TRANS/STORAGE
Year built
2023
Total area
73,993 SF
Lot
1.31 ac (57,064 SF)
Zoning code
IL : CLK
APN
117470-000
UPID
US90-3358278
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
-
Park and Store Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Tds Partners LLC · 5 yrs held
Tds Partners LLC
since 2020
7 recorded transactions
Zoning & alternative use
IL : CLK · Ridgefield, 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 Ridgefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgefield 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
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$11 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$33,553
Tax year 2023
Assessed value
$3,785,272
Assessed 2023
Previous assessed
$164,780
+2,197.2% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,063,472
Assessed improvement
$2,721,800
Land market value
$1,063,472
Improvement market value
$2,721,800
Total market value
$3,785,272
Applied tax rate
10,332.0000
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
Distribution properties
Use group
COM AUTO TRANS/STORAGE
Status
Off-Market
Year built
2023
Heating
HEAT PUMP
Buildings
4
Stories
1
Bathrooms
2
Total area
73,993 SF
Lot
1.31 ac (57,064 SF)
Zoning code
IL : CLK
APN
117470-000
UPID
US90-3358278
Jurisdiction
CLARK
Zoning & alternative use
IL : CLK · Ridgefield, WA
Zoning IL : CLK · permitted uses
IL : CLK · Ridgefield, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgefield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Heating
HEAT PUMP
Stories
1
Buildings
4
Bathrooms
2
Lot
1.31 ac
Current owner
From public records · entity-resolved
Tds Partners LLC
Entity
Mailing address
PO BOX 820910, VANCOUVER, WA 98682-0021
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
—
Tds Partners LLC
—
Deed
related
$6,102,131 · Hapo Community Cu
Dec 21, 2020
$820,000
Tds Partners LLC
Brian Haberman
Warranty Deed
$410,000 · Security State Bank
Jun 20, 2017
$450,000
Brian Haberman
Sicklesteel Dev LLC
Warranty Deed
$350,000 · Sickelsteel Dev LLC
Mar 3, 2006
$665,000
Sicklesteel Dev LLC
Roberts,dave B & Tammy A
Warranty Deed
$520,000 · Horizon Bank
Sep 22, 2004
—
Dave B Roberts
Goecks,barbara J
Warranty Deed
related
—
Feb 24, 1988
—
Barbara J Goecks
Unknown
Grant Deed
related
—
—
—
Barbara J Goecks
—
Deed Of Trust
related
$57,950 · Department Of Human
—
—
Dave B Roberts
—
Deed Of Trust
related
$94,250 · Riverview Community 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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