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Property profile & analytics
FOR SALE
Retail space
614 Wine Country Rd Grandview, WA 98930
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-2691906
For Sale
1 / 7
$269,675
614 Wine Country Rd, Grandview, WA 98930
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,020 SF
Lot
1.07 ac (46,609 SF)
Zoning code
COM
APN
230924-22431
UPID
US90-2691906
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
-
River valley Fruit plant 2 Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$1.49M
Owner & transaction history
Grandview Commercial LLC · 5 yrs held
Grandview Commercial LLC
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
COM · Grandview, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+37.0%
Medical building
$1.5M
+32.4%
Industrial (general)
$1.3M
+16.0%
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
$1,400,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,525,000
6.5%
$1,405,000
7%
$1,305,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,145,000
Current use
OFFICE BUILDING
$1,565,000
Change: +37% · Conversion: Easy
MEDICAL BUILDING
$1,515,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,325,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,180,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10% · vs last sale $1.59M (May 21 2021)
Last sale anchor
$1.59M
May 21 2021
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
$14,457
Tax year 2024
Assessed value
$1,684,700
Assessed 2024
Previous assessed
$1,500,300
+12.3% YoY
Effective rate
0.86%
On assessed value
Assessed land
$232,200
Assessed improvement
$1,452,500
Land market value
$232,200
Improvement market value
$1,452,500
Total market value
$1,684,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
9,020 SF
Lot
1.07 ac (46,609 SF)
Zoning code
COM
APN
230924-22431
UPID
US90-2691906
Jurisdiction
YAKIMA
Zoning & alternative use
COM · Grandview, WA
Zoning COM · permitted uses
COM · 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
RETAIL STORES Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
Grandview Commercial LLC
Entity
Mailing address
2900 NE 232ND AVE, CAMAS, WA 98607-9278
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2023
—
Grandview Commercial LLC
—
Deed
related
$1,050,000 · Gesa Cu
May 21, 2021
$1,594,000
Grandview Commercial LLC
Granddollar LLC
Warranty Deed
$895,000 · Bank Of The West
Oct 6, 2017
$92,500
Hogback Grandview I LLC
Jwa Investments LLC
Warranty Deed
—
Aug 26, 2016
—
Granddollar LLC
—
Deed
related
$770,000 · First Republic Bk
Dec 15, 2015
—
Granddollar LLC
Snoey,lucas A
Warranty Deed
—
May 15, 2015
—
Snoey Peter A Trust|snoey Lucas A
Snoey Peter A
Quit Claim Deed
related
—
May 1, 2015
$1,535,000
Peter A Snoey
Hogback Grandview I LLC
Warranty Deed
$770,000 · First Republic Bank
—
—
Granddollar LLC
—
Loan Modification
related
$770,000 · First Republic Bk
—
—
Hogback Grandview I LLC
—
Deed Of Trust
related
$1,683,500 · Cashmere Vly Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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