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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Community centers
5238 Outlet Dr Pasco, WA 99301-8969
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1334682
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1995
Total area
32,016 SF
Lot
10.98 ac (478,289 SF)
APN
115502016
UPID
US90-1334682
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
-
Silent Majority Foundation Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.74M
Owner & transaction history
Padadise 3941 LLC · 2 yrs held
Padadise 3941 LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.4M
+37.3%
Restaurant
$4.3M
+33.6%
Auto repair, garage
$3.9M
+23.3%
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,195,000
Current use
MEDICAL BUILDING
$4,385,000
Change: +37% · Conversion: Difficult
RESTAURANT
$4,270,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,935,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$3,560,000
Change: +11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,105,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.74M
Range $2.46M – $3.01M · ±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
$85 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$40,175
Tax year 2021
Assessed value
$10,880,000
Assessed 2023
Previous assessed
$10,880,000
+0.0% YoY
Effective rate
0.37%
On assessed value
Assessed land
$1,728,000
Assessed improvement
$9,152,000
Land market value
$1,728,000
Improvement market value
$9,152,000
Total market value
$10,880,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1995
Heating
CENTRAL
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
32,016 SF
Lot
10.98 ac (478,289 SF)
APN
115502016
UPID
US90-1334682
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$4.4M
RESTAURANT
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.9M
RETAIL STORES
Est. value
$3.6M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1995
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
10.98 ac
Current owner
From public records · entity-resolved
Padadise 3941 LLC
Entity
Mailing address
3701 MT DIABLO BLVD STE #200, LAFAYETTE, CA 94549-3546
Ownership since
2024
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
Mar 27, 2024
—
Padadise 3941 LLC
Gaylon C Patterson
Bargain And Sale Deed
—
Sep 29, 2022
—
Gary L Patterson
Gary L Patterson
Intrafamily Transfer
related
—
Jul 5, 2022
$608,055
Gaylon C Patterson
Andrew J Branagh
Warranty Deed
—
Jul 25, 2019
—
Branagh Survivors Trust
Branagh 2000 Family Trust
Quit Claim Deed
related
—
Sep 17, 2013
—
Gary L Patterson
Patterson,elizabeth
Quit Claim Deed
related
$13,377,200 · Bank Of America
Dec 5, 2012
—
Kimberly L Branagh
Dion,philip J
Grant Deed
related
—
Jan 5, 2010
—
Gary L Patterson
Klp Properties INC
Quit Claim Deed
related
—
Dec 22, 2009
—
Patterson Family Trust
Klp Props
Quit Claim Deed
related
—
Jul 27, 2007
$3,650,000
Patterson 2000 Family Trust
Western United Life Assurance
Grant Deed
—
Feb 16, 2005
—
United Life Assurance Western
Metropolitan Mtg & Securities
Trustees Deed
related
—
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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