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Property profile & analytics
OFF-MARKET
Estimated value
$5,540,000
Distribution centers
521 Midvale Rd Sunnyside, WA 98944-1401
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1975510
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
47,500 SF
Lot
8.32 ac (362,332 SF)
Zoning code
M2
APN
220901-23402
UPID
US90-1975510
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
-
Mountain View Equipment Company Big Box & Wholesale Store Agricultural Supply
-
Portable Storage Rental Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.54M
Owner & transaction history
Mountain View Equipment Co · 11 yrs held
Mountain View Equipment Co
since 2015
1 recorded transaction
Zoning & alternative use
M2 · Sunnyside, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zone is to provide areas for major manufacturing assembly and processing plants where railroad facilities are available and industrial sewerage treatment is available through the port facilities.
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
806.51 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 Sunnyside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyside 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%
$7,620,000
6.5%
$7,035,000
7%
$6,530,000
Blend value · Realmo final
$5.54M
Range $4.99M – $6.09M · ±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
$117 / 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
$13,969
Tax year 2024
Assessed value
$1,742,500
Assessed 2024
Previous assessed
$1,595,900
+9.2% YoY
Effective rate
0.80%
On assessed value
Assessed land
$235,200
Assessed improvement
$1,507,300
Land market value
$235,200
Improvement market value
$1,507,300
Total market value
$1,742,500
Applied tax rate
460.0000
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 centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Total area
47,500 SF
Lot
8.32 ac (362,332 SF)
Zoning code
M2
APN
220901-23402
UPID
US90-1975510
Jurisdiction
YAKIMA
Zoning & alternative use
M2 · Sunnyside, WAZoning M2 · permitted uses
M2 · Sunnyside, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zone is to provide areas for major manufacturing assembly and processing plants where railroad facilities are available and industrial sewerage treatment is available through the port facilities.
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
806.51 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Lot
8.32 ac
Current owner
From public records · entity-resolved
Mountain View Equipment Co
Entity
Mailing address
700 W OVERLAND RD, MERIDIAN, ID 83642-6510
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2015
$2,000,000
Mountain View Equipment Co
Curfman Ronald L & Melody K
Warranty Deed
$1,602,630 · Ronald L & Melody K Curfman
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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