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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office buildings
601 Mtn Vw Ave, Ellensburg, WA 98926
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1155456
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1969
Total area
3,386 SF
Lot
0.55 ac (23,958 SF)
Zoning code
ERO
APN
437933
UPID
US90-1155456
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
$650k
Owner & transaction history
Community Health Of Ctrl Washingt · 10 yrs held
Community Health Of Ctrl Washingt
since 2016
6 recorded transactions
Zoning & alternative use
ERO · Ellensburg, 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 Ellensburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellensburg 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
$192 / 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
Property tax & assessments
Assessed value
$323,500
Assessed 2024
Previous assessed
$285,410
+13.3% YoY
Assessed land
$214,200
Assessed improvement
$109,300
Land market value
$214,200
Improvement market value
$109,300
Total market value
$323,500
Applied tax rate
18.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1969
Heating
ELECTRIC
Cooling
REFRIGERATOR
Stories
1
Bathrooms
1
Total area
3,386 SF
Lot
0.55 ac (23,958 SF)
Zoning code
ERO
APN
437933
UPID
US90-1155456
Jurisdiction
KITTITAS
Zoning & alternative use
ERO · Ellensburg, WA
Zoning ERO · permitted uses
ERO · Ellensburg, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellensburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
ELECTRIC
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Community Health Of Ctrl Washingt
Individual
Mailing address
501 S 5TH AVE, YAKIMA, WA 98902-3550
Ownership since
2016
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 1, 2018
—
Community Health Of Ctrl Washi
—
Grant Deed
related
$1,750,000 · Miscellaneous Govt Agcy
Apr 13, 2018
—
Community Health Of Ctrl Washingt
—
Deed
related
$2,500,000 · Private Individual
Feb 25, 2016
$203,400
Community Health Of Ctrl Washingt
Fraternal Order Eagles I 2220
Warranty Deed
—
Sep 4, 2013
$185,000
Fraternal Order Eagles I 2220
Washington St Jaycee Charities
Warranty Deed
$105,000 · Washington St Jaycee Charities
—
—
Fraternal Order Of Eagles I 2220
—
Deed Of Trust
related
$10,250 · Jay Reid
—
—
Community Health Of Ctrl Washingt
—
Deed Of Trust
related
$2,500,000 · Private Individual
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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