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Property profile & analytics
OFF-MARKET
Theaters & concert halls
605 Nelson Rd, Moses Lake, WA 98837-2339
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3165123
Property profile
Verified
Property type
Theaters & concert halls
Use group
ARENA, CONVENTION CENTER
Year built
1904
Total area
1,880 SF
Lot
1.06 ac (46,174 SF)
APN
312020000
UPID
US90-3165123
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
by Request
Owner & transaction history
Bee Dazzling Events LLC · 4 yrs held
Bee Dazzling Events LLC
since 2021
Last sale
$520,000
6 recorded transactions
Zoning & alternative use
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 Moses Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moses Lake 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
Property tax & assessments
Assessed value
$279,303
Assessed 2023
Previous assessed
$511,480
-45.4% YoY
Assessed land
$158,995
Assessed improvement
$120,308
Land market value
$158,995
Improvement market value
$120,308
Total market value
$279,303
Applied tax rate
161.0000
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
Theaters & concert halls
Use group
ARENA, CONVENTION CENTER
Status
Off-Market
Year built
1904
Heating
FORCED AIR
Buildings
2
Stories
2
Rooms
8
Bathrooms
0
Total area
1,880 SF
Lot
1.06 ac (46,174 SF)
APN
312020000
UPID
US90-3165123
Jurisdiction
GRANT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1904
Heating
FORCED AIR
Stories
2
Buildings
2
Rooms
8
Bathrooms
0
Lot
1.06 ac
Current owner
From public records · entity-resolved
Bee Dazzling Events LLC
Entity
Mailing address
338 N SARATOGA WAY, MOSES LAKE, WA 98837-5706
Ownership since
2021
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
Sep 8, 2021
—
Bee Dazzling Events LLC
Sandra Hanson
Quit Claim Deed
related
—
May 1, 2019
$600,000
Sandra H Hanson
Carlos T Tyler
Grant Deed
—
Aug 21, 2008
$520,000
Carlos T Tyler
Crawford,jerry T & Linda M
Grant Deed
—
Aug 16, 2006
$388,000
Jerry T Crawford
Maizena INC
Warranty Deed
$310,240 · Sterling Savings Bank
Dec 22, 2005
—
Maizena INC
Flinders,jeffrey L
Deed In Lieu Of Foreclosure
related
—
—
—
Carlos T Tyler
—
Deed Of Trust
related
$295,000 · Sterling Savings 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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