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Property profile & analytics
OFF-MARKET
Strip malls
5325 Rd 68 Pasco, WA 99301-6839
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1647141
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
4,738 SF
Lot
0.93 ac (40,511 SF)
APN
116130032
UPID
US90-1647141
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
-
Teriyaki Grill Restaurant
-
AT&T Store Electronics & Wireless Store Mobile Phone Store
-
Smart Wireless Pasco Mobile Phone Store Electronics & Wireless Store
-
H&R Block Tax Preparation
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
Pasco Coml Invs LLC · 6 yrs held
Pasco Coml Invs LLC
since 2019
7 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 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
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 2021Property tax & assessments
Tax year 2021
Tax billed
$12,158
Tax year 2021
Assessed value
$1,041,300
Assessed 2023
Previous assessed
$1,036,500
+0.5% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,017,500
Assessed improvement
$23,800
Land market value
$1,017,500
Improvement market value
$23,800
Total market value
$1,041,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Heating
YES
Cooling
YES
Stories
1
Total area
4,738 SF
Lot
0.93 ac (40,511 SF)
APN
116130032
UPID
US90-1647141
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
Building & site characteristics
From public records
Year built
2005
Heating
YES
Cooling
Yes
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Pasco Coml Invs LLC
Entity
Mailing address
552 N COLORADO ST STE #101, KENNEWICK, WA 99336-4700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2019
—
Pasco Coml Invs LLC
Mark V Sullivan
Quit Claim Deed
related
—
Oct 17, 2017
—
Vandervert Devs LLC
Pasco Commercial Invs LLC
Quit Claim Deed
related
—
Oct 16, 2017
$2,301,054
Lee A Eickmeyer
Vandervert Devs LLC
Warranty Deed
—
Sep 26, 2017
—
Vandervert Devs LLC
Pasco Commercial Invs LLC
Quit Claim Deed
related
—
Sep 21, 2005
—
Pasco Commercial Invs LLC
Eickmeyer,lee A & Lynne M
Quit Claim Deed
related
—
—
—
Pasco Commercial Invs LLC
—
Deed Of Trust
related
$1,005,000 · Numerica Cu
—
—
Pasco Commercial Invs LLC
—
Deed Of Trust
related
$875,000 · Washington Trust 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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