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Property profile & analytics
OFF-MARKET
Estimated value
$10,940,000
Manufacturing properties
627 Railex Rd Burbank, WA 99323-9709
Entity Owned
2-yr Hold
Free & Clear
Property ID
US90-2749594
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
2006
Total area
201,434 SF
Lot
64.96 ac (2,829,745 SF)
APN
310834530046
UPID
US90-2749594
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
$10.94M
Blend (final)
Blend
$10.94M
Owner & transaction history
Tri Cities Intermodal LLC · 2 yrs held
Tri Cities Intermodal LLC
since 2023
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.2M
+38.6%
Auto repair, garage
$13.8M
+26.2%
Apartment house (5+ units)
$13.6M
+24.5%
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 Burbank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burbank 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,940,000
Current use
RESTAURANT
$15,165,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,805,000
Change: +26% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$13,615,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,385,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$12,020,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$10.94M
Range $9.85M – $12.03M · ±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
$54 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$17,645
Tax year 2021
Applied tax rate
328.0000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
2006
Heating
GRAVITY
Stories
2
Total area
201,434 SF
Lot
64.96 ac (2,829,745 SF)
APN
310834530046
UPID
US90-2749594
Jurisdiction
WALLA WALLA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.9M
RESTAURANT
Est. value
$15.2M
AUTO REPAIR, GARAGE
Est. value
$13.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.6M
COMMERCIAL (GENERAL)
Est. value
$12.4M
RETAIL STORES
Est. value
$12.0M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RETAIL STORES
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
2006
Heating
GRAVITY
Stories
2
Lot
64.96 ac
Current owner
From public records · entity-resolved
Tri Cities Intermodal LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5750 W 95TH ST STE #320, OVERLAND PARK, KS 66207-2974
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
—
Tri Cities Intermodal LLC
Union Pacific Railroad Company
Lease
—
Jun 19, 2017
—
Union Pacific Railroad Company
Up Wallula Washington LLC
Bargain And Sale Deed
—
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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