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Property profile & analytics
OFF-MARKET
Retail space
617 Elm St Tieton, WA 98947
Individually Owned
18-yr Hold
Free & Clear
Property ID
US90-1787779
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,750 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C1
APN
171418-24422
UPID
US90-1787779
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
Jorge L Lopez · 18 yrs held
Jorge L Lopez
since 2008
4 recorded transactions
Zoning & alternative use
C1 · Tieton, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C1 zone is intended to provide suitable area for commercial business and to preserve town square as the central business district. This area will be promoted and maintained for retail and service oriented uses.
Zone name
Commercial
General category
COMMERCIAL
Zone area
10.86 ac
Source
Realmo
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 Tieton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tieton 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
$595
Tax year 2024
Assessed value
$67,150
Assessed 2024
Previous assessed
$59,850
+12.2% YoY
Effective rate
0.89%
On assessed value
Assessed land
$7,450
Assessed improvement
$59,700
Land market value
$7,450
Improvement market value
$59,700
Total market value
$67,150
Applied tax rate
500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
1,750 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C1
APN
171418-24422
UPID
US90-1787779
Jurisdiction
YAKIMA
Zoning & alternative use
C1 · Tieton, WAZoning C1 · permitted uses
C1 · Tieton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C1 zone is intended to provide suitable area for commercial business and to preserve town square as the central business district. This area will be promoted and maintained for retail and service oriented uses.
Zone name
Commercial
General category
COMMERCIAL
Zone area
10.86 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Jorge L Lopez
Individual
Free & Clear · 18 yrs held
Mailing address
PO BOX 324, TIETON, WA 98947-0324
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2008
—
Jorge L Lopez
Ellis,roger R & Sally M
Warranty Deed
—
Mar 16, 2007
$80,000
Michael Longyear
Lopez,jorge L & Maria V
Warranty Deed
—
—
—
Jorge L Lopez
—
Deed Of Trust
related
$25,000 · Usda Farm Service Agency
—
—
Jorge L Lopez
—
Deed Of Trust
related
$20,000 · Farm Service Agency
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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