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Property profile & analytics
OFF-MARKET
Industrial properties
515 Legacy Rnch Ln, Chelan, WA 98816-7702
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-2707059
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
2019
Total area
1,684 SF
Lot
10.1 ac (439,956 SF)
APN
272219210000
UPID
US90-2707059
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
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
Izzy B Fromm · 7 yrs held
Izzy B Fromm
since 2018
6 recorded transactions
Zoning & alternative use
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 Chelan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelan 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,332
Tax year 2023
Assessed value
$743,953
Assessed 2022
Previous assessed
$455,598
+63.3% YoY
Effective rate
0.72%
On assessed value
Assessed land
$50,052
Assessed improvement
$693,901
Land market value
$50,052
Improvement market value
$693,901
Total market value
$743,953
Applied tax rate
34.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
2019
Heating
HEAT PUMP
Stories
2
Bathrooms
1
Total area
1,684 SF
Lot
10.1 ac (439,956 SF)
APN
272219210000
UPID
US90-2707059
Jurisdiction
CHELAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2019
Heating
HEAT PUMP
Stories
2
Bathrooms
1
Lot
10.1 ac
Current owner
From public records · entity-resolved
Izzy B Fromm
Individual
Mailing address
PO BOX 2888, CHELAN, WA 98816-2888
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2018
—
Izzy B Fromm
Fromm,brandon J
Quit Claim Deed
related
$230,225 · Legacy Group Cap
May 25, 2018
—
Izzy B Fromm
Barth,donald M
Quit Claim Deed
related
—
May 1, 2012
—
North Cascades Natl Bk
Bear Mountain Ranch Holdings L
Deed In Lieu Of Foreclosure
related
—
Jun 30, 2009
—
Mountain Ranch Holdings L Bear
—
Deed Of Trust
related
$3,170,000 · North Cascades Nat'l Bank
—
—
Izzy Barth
—
Loan Modification
related
$250,225 · Other Institutional Lenders
—
—
Donald M Barth
—
Deed Of Trust
related
$233,500 · North Cascades Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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