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Property profile & analytics
OFF-MARKET
Estimated value
$290,000
Retail space
601 Edison Ave Sunnyside, WA 98944-2201
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0534720
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,880 SF
Lot
0.15 ac (6,534 SF)
Zoning code
B3
APN
221025-31425
UPID
US90-0534720
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
-
MP FURNITURE AND MORE/Corona Furniture & More LLC Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$290k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$290k
Owner & transaction history
Jose L Morales · 10 yrs held
Jose L Morales
since 2015
6 recorded transactions
Zoning & alternative use
B3 · Sunnyside, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zone is to provide for the high-density grouping of businesses with similar and complementary location needs. These include retail business, government services, and recreational or cultural activities.
Zone name
Retail Core
General category
CIVIC_INSTITUTIONAL
Zone area
60.60 ac
Source
Realmo
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 Sunnyside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyside 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
$290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$290k
Range $261k – $319k · ±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
$33 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,512
Tax year 2024
Assessed value
$188,500
Assessed 2024
Previous assessed
$170,900
+10.3% YoY
Effective rate
0.80%
On assessed value
Assessed land
$39,400
Assessed improvement
$149,100
Land market value
$39,400
Improvement market value
$149,100
Total market value
$188,500
Applied tax rate
460.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
2
Total area
8,880 SF
Lot
0.15 ac (6,534 SF)
Zoning code
B3
APN
221025-31425
UPID
US90-0534720
Jurisdiction
YAKIMA
Zoning & alternative use
B3 · Sunnyside, WAZoning B3 · permitted uses
B3 · Sunnyside, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zone is to provide for the high-density grouping of businesses with similar and complementary location needs. These include retail business, government services, and recreational or cultural activities.
Zone name
Retail Core
General category
CIVIC_INSTITUTIONAL
Zone area
60.60 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Jose L Morales
Individual
Mailing address
808 W EDISON RD, SUNNYSIDE, WA 98944-9266
Ownership since
2015
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
Oct 20, 2015
$150,000
Jose L Morales
Nwrp LLC
Grant Deed
$150,000 · Community Dev Commission
Aug 16, 2011
—
Northwest Retail Props LLC
601 East Edison Avenue LLC
Quit Claim Deed
related
—
Nov 24, 2010
$100,000
601 East Edison Avenue LLC
Jrp Ventures LLC
Warranty Deed
—
Aug 3, 2006
$292,500
Jrp Ventures LLC
Filicetti,frank & Genevieve
Warranty Deed
$303,750 · Frank & Genevieve Filicetti
Dec 6, 1989
$89,000
Filicetti,& Widdows Et Al
Unknown
Grant Deed
—
—
—
Northwest Retail Props LLC
—
Deed Of Trust
related
$161,250 · Baker Boyer National 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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