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Property profile & analytics
OFF-MARKET
Apartment buildings
530 Edison St Kennewick, WA 99336-4954
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1445725
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1976
Construction
CONCRETE
Total area
640 SF
Lot
4.56 ac (198,634 SF)
Zoning code
33
APN
133994020048001
UPID
US90-1445725
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
-
Wildflower Apartments Loan Service
-
Edison Village Green Apartment Apartment Building
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
Wildflowr Kennewick 127 LLC · 4 yrs held
Wildflowr Kennewick 127 LLC
since 2021
Last sale
$33.6M
6 recorded transactions
Zoning & alternative use
33 · Kennewick, 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 Kennewick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennewick 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
$13,109,750
Assessed 2023
Previous assessed
$13,780,050
-4.9% YoY
Assessed land
$1,022,570
Assessed improvement
$12,087,180
Land market value
$1,022,570
Improvement market value
$12,087,180
Total market value
$13,109,750
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
YES
Buildings
2
Stories
2
Total area
640 SF
Lot
4.56 ac (198,634 SF)
Zoning code
33
APN
133994020048001
UPID
US90-1445725
Jurisdiction
BENTON
Zoning & alternative use
33 · Kennewick, WA
Zoning 33 · permitted uses
33 · Kennewick, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennewick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
YES
Stories
2
Buildings
2
Lot
4.56 ac
Current owner
From public records · entity-resolved
Wildflowr Kennewick 127 LLC
Entity
Mailing address
223 10TH ST S, KIRKLAND, WA 98033-6729
Ownership since
2021
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
May 30, 2025
—
Wildflower Kennewick 127 LLC
—
Deed
related
$17,807,000 · Key Bank NA
Dec 1, 2021
$33,632,640
Wildflowr Kennewick 127 LLC
First Edison LLC
Warranty Deed
$16,400,000 · Key Bank NA
Feb 15, 2018
$8,941,300
First Edison LLC
Edison Village LLC
Warranty Deed
$6,400,000 · Boeing Emps Cu
Jun 29, 2016
—
Edison Village LLC
—
Deed
related
$4,000,000 · Wells Fargo Bank NA
Feb 12, 2013
—
Dana R Levitt
Levitt Thomas C
Quit Claim Deed
related
—
Sep 6, 2006
—
Thomas C Levitt
Jeanette F Levitt
Intrafamily Transfer
related
$3,200,000 · Collateral Real Estate Capital LLC
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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