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Property profile & analytics
OFF-MARKET
Retail space
602 3rd St Yakima, WA 98901-3222
Individually Owned
1-yr Hold
Free & Clear
Property ID
US90-0086313
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
WOOD
Total area
1,763 SF
Lot
0.15 ac (6,534 SF)
Zoning code
COM
APN
191319-34472
UPID
US90-0086313
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
-
Jevons Property Management Apartment Complex
-
Carniceria 2 estados Grocery & Convenience Store Specialty Food Shop
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
Lauren W Dobbs · 1 yrs held
Lauren W Dobbs
since 2025
7 recorded transactions
Zoning & alternative use
COM · Yakima, 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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,511
Tax year 2024
Assessed value
$169,100
Assessed 2024
Previous assessed
$155,350
+8.9% YoY
Effective rate
0.89%
On assessed value
Assessed land
$44,400
Assessed improvement
$124,700
Land market value
$44,400
Improvement market value
$124,700
Total market value
$169,100
Applied tax rate
331.0000
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
1987
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
1,763 SF
Lot
0.15 ac (6,534 SF)
Zoning code
COM
APN
191319-34472
UPID
US90-0086313
Jurisdiction
YAKIMA
Zoning & alternative use
COM · Yakima, WA
Zoning COM · permitted uses
COM · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yakima. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Lauren W Dobbs
Individual
Free & Clear · 1 yrs held
Mailing address
602 S 3RD ST, YAKIMA, WA 98901-3222
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
—
Lauren W Dobbs
Brenda Mae Pineda
Deed
related
—
Nov 22, 2013
—
Carniceria 2 Estados LLC
Nunez,mayra V
Quit Claim Deed
related
—
May 3, 2013
—
Carniceria 2 Estados LLC
Martinez,saul C
Quit Claim Deed
related
—
Oct 30, 2012
$160,000
Saul C Martinez
Rosales,jesus E & Gabriela P
Dual Purpose Document
$120,000 · Jesus E & Gabriela P Rosales
Dec 23, 2010
$129,000
Jesus E Rosales
Orozco,roman C & Alma
Warranty Deed
$130,000 · Rural Cmnty Dev Resources
Jan 23, 2007
$125,000
Roman Orozco
Dobbs Lauren W
Warranty Deed
—
May 5, 2005
$125,000
Carniceria Labarata
Duran,fidel & Cherie A
Grant Deed
—
Feb 4, 2000
$89,000
Money Teller Caseta De Cambio
Lauren W Dobbs Trustee
Grant Deed
$72,000 · Seller
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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