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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Office buildings
605 16th St, Sunnyside, WA 98944-9695
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0693089
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1992
Construction
WOOD
Total area
5,365 SF
Lot
4.16 ac (181,210 SF)
Zoning code
R2
APN
221024-44486
UPID
US90-0693089
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
-
Inspire Development Center High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$893k
Blend (final)
Blend
$885k
Owner & transaction history
Inspire Dev Centers · 10 yrs held
Inspire Dev Centers
since 2015
3 recorded transactions
Zoning & alternative use
R2 · Sunnyside, 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,015,000
6.5%
$935,000
7%
$870,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$930,000
Current use
MEDICAL BUILDING
$900,000
Change: -3% · Conversion: Easy
INDUSTRIAL (GENERAL)
$790,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$165 / 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
$461
Tax year 2024
Assessed value
$1,641,300
Assessed 2024
Previous assessed
$1,473,700
+11.4% YoY
Effective rate
0.03%
On assessed value
Assessed land
$136,100
Assessed improvement
$1,505,200
Land market value
$136,100
Improvement market value
$1,505,200
Total market value
$1,641,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Total area
5,365 SF
Lot
4.16 ac (181,210 SF)
Zoning code
R2
APN
221024-44486
UPID
US90-0693089
Jurisdiction
YAKIMA
Zoning & alternative use
R2 · Sunnyside, WA
Zoning R2 · permitted uses
R2 · Sunnyside, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$930,000
MEDICAL BUILDING
Est. value
$900,000
INDUSTRIAL (GENERAL)
Est. value
$790,000
OFFICE BUILDING Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1992
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Lot
4.16 ac
Current owner
From public records · entity-resolved
Inspire Dev Centers
Individual
Mailing address
105 S 6TH ST STE B, SUNNYSIDE, WA 98944-1448
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2015
—
Inspire Dev Centers
Community Dev Inst Head Start
Quit Claim Deed
related
—
Sep 12, 2014
$549,061
Community Dev Inst Head Start
Enterprise For Progress Of Cmnty
Grant Deed
—
—
—
For Progress In The Cmnt Epic
—
Deed Of Trust
related
$355,000 · Yakima Valley Farm Workers Cli
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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