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Property profile & analytics
OFF-MARKET
Bed & breakfasts
526 Marie Ave South Cle Elum, WA 98943
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1271515
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
2020
Total area
4,800 SF
Lot
0.93 ac (40,511 SF)
Zoning code
SCE-B
APN
944235
UPID
US90-1271515
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
Iron Horse Industries LLC · 8 yrs held
Iron Horse Industries LLC
since 2017
5 recorded transactions
Zoning & alternative use
SCE-B · South Cle Elum, 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 South Cle Elum submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Cle Elum 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
Property tax & assessments
Assessed value
$833,850
Assessed 2024
Previous assessed
$705,690
+18.2% YoY
Assessed land
$158,510
Assessed improvement
$675,340
Land market value
$158,510
Improvement market value
$675,340
Total market value
$833,850
Applied tax rate
30.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
2020
Heating
BASEBOARD
Stories
2
Total area
4,800 SF
Lot
0.93 ac (40,511 SF)
Zoning code
SCE-B
APN
944235
UPID
US90-1271515
Jurisdiction
KITTITAS
Zoning & alternative use
SCE-B · South Cle Elum, WA
Zoning SCE-B · permitted uses
SCE-B · South Cle Elum, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Cle Elum. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
BASEBOARD
Stories
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Iron Horse Industries LLC
Entity
Mailing address
PO BOX 629, SOUTH CLE ELUM, WA 98943-0629
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2026
—
Matthew H Martinson
—
Deed
related
$310,000 · Donald D Martinson & Linda L Martinson
Aug 11, 2021
—
Iron Horse Industries LLC
—
Deed
related
$599,000 · Savibank
Aug 24, 2017
$499,000
Iron Horse Industries LLC
H Douglas Pittis
Warranty Deed
$446,000 · Celtic Bank Corporation
—
—
Pittis H D
—
Deed Of Trust
related
$228,000 · Global Home Mortgage LLC
—
—
Pittis H D
—
Deed Of Trust
related
$52,000 · National City 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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