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Property profile & analytics
OFF-MARKET
Estimated value
$2,880,000
Auto shops
5665 Nelpar Dr, East Wenatchee, WA 98802-8004
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1981985
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2003
Construction
METAL FRAME
Total area
5,388 SF
Lot
23.55 ac (1,025,838 SF)
Zoning code
RR-20
APN
23201110002
UPID
US90-1981985
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
$3.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.88M
Owner & transaction history
H R Spinner Corporation · 4 yrs held
H R Spinner Corporation
since 2021
Last sale
$2.9M
3 recorded transactions
Zoning & alternative use
RR-20 · East Wenatchee, 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 East Wenatchee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Wenatchee 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
$2,835,000
ML approach
$3,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.88M
Range $2.59M – $3.17M · ±10% · vs last sale $2.90M (Sep 3 2021)
Last sale anchor
$2.90M
Sep 3 2021
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
$535 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$32,334
Tax year 2023
Assessed value
$3,843,800
Assessed 2023
Previous assessed
$1,211,300
+217.3% YoY
Effective rate
0.84%
On assessed value
Assessed land
$520,600
Assessed improvement
$3,323,200
Land market value
$520,600
Improvement market value
$3,323,200
Total market value
$3,843,800
Applied tax rate
55.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2003
Construction
METAL FRAME
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Total area
5,388 SF
Lot
23.55 ac (1,025,838 SF)
Zoning code
RR-20
APN
23201110002
UPID
US90-1981985
Jurisdiction
DOUGLAS
Zoning & alternative use
RR-20 · East Wenatchee, WA
Zoning RR-20 · permitted uses
RR-20 · East Wenatchee, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Wenatchee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
23.55 ac
Current owner
From public records · entity-resolved
H R Spinner Corporation
Entity
Free & Clear · 4 yrs held
Mailing address
115 S 1ST AVE, YAKIMA, WA 98902-3400
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
$2,900,000
H R Spinner Corporation
Granite Northwest INC
Warranty Deed
—
Feb 22, 2008
—
Granite Northwest INC
Granite Grado Ventures-project
Quit Claim Deed
related
—
Apr 2, 2007
$1,200,000
Granite Grado Ventures-project
Baker Flats Dev LLC
Warranty 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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