Property profile

607 Yakima Ave Yakima, WA 98901

OFF-MARKET
Hotels
Property ID
US90-1085605
43,550 SF 4.37 ac lot Built 1968
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 43,550 SF
Lot 4.37 ac (190,357 SF)
Zoning code CBD
APN 191319-12561
UPID US90-1085605

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Atm
  • Bar & Pub Nightclub

Location

607 Yakima Ave Yakima, WA 98901-2548
Yakima metro Census 100 YAKIMA, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$1.70M

Owner & transaction history

since 2014
7 recorded transactions
2022
Price N/A
2017
Price N/A
2017
Price N/A
2014
Price N/A
2014
$3.7M
2003
Price N/A
1991
$4.0M

Zoning & alternative use

CBD · Yakima, WA
Zoning description

The purpose of the central business district is to preserve the business district of the city of Yakima as the regions center of commerce, finance, government, industry, recreation, and culture.

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 607 Yakima Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message