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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Industrial properties
601 Stover Rd, Grandview, WA 98930-8846
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-1923309
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2020
Construction
METAL FRAME
Total area
11,400 SF
Lot
7 ac (304,920 SF)
Zoning code
M1
APN
230910-33401
UPID
US90-1923309
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
-
Chino Valley Tank Wash LLC Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.40M
Owner & transaction history
Impressa Equipment III LLC · 2 yrs held
Impressa Equipment III LLC
since 2024
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
M1 · Grandview, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+18.1%
Medical building
$1.9M
+14.2%
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 Grandview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grandview 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
$1,395,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
$1,505,000
6.5%
$1,390,000
7%
$1,290,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,675,000
Current use
OFFICE BUILDING
$1,980,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$1,915,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,490,000
Change: -11% · Conversion: Easy
RETAIL STORES
$1,445,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.40M (Jan 18 2024)
Last sale anchor
$1.40M
Jan 18 2024
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
$122 / 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
$10,307
Tax year 2024
Assessed value
$1,195,900
Assessed 2024
Previous assessed
$1,118,600
+6.9% YoY
Effective rate
0.86%
On assessed value
Assessed land
$304,900
Assessed improvement
$891,000
Land market value
$304,900
Improvement market value
$891,000
Total market value
$1,195,900
Applied tax rate
440.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2020
Construction
METAL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
11,400 SF
Lot
7 ac (304,920 SF)
Zoning code
M1
APN
230910-33401
UPID
US90-1923309
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Grandview, WA
Zoning M1 · permitted uses
M1 · Grandview, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grandview. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
7 ac
Current owner
From public records · entity-resolved
Impressa Equipment III LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1289 SEBASTOPOL RD, SANTA ROSA, CA 95407-6834
Ownership since
2024
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
Nov 22, 2024
—
Impressa Equimpment III LLC
—
Deed
related
$2,160,000 · Umpqua Bank
Jan 18, 2024
$1,396,074
Impressa Equipment III LLC
Chino Truck Wash INC
Warranty Deed
—
Jul 9, 2019
—
Chino Valley Truck Wash INC
Port Of Grandview
Warranty Deed
$1,400,000 · Pacific Enterprise 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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