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Property profile & analytics
OFF-MARKET
Estimated value
$3,855,000
Outlet malls
6705 Chapel Hl Blvd Pasco, WA 99301-4196
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2691965
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2018
Total area
1,891 SF
Lot
3 ac (130,680 SF)
APN
117420158
UPID
US90-2691965
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
-
Co•op Critter Club Pet Wash Pet Grooming Service
-
Bleyhl Co-op Hotel & Motel Resort
-
Wilco Farm Store Pet Store & Service
-
Great Harvest Bread Co. Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.86M
Owner & transaction history
Wilco Farmes · 4 yrs held
Wilco Farmes
since 2022
Last sale
$4.3M
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
$3,385,000
ML approach
$3,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.86M
Range $3.47M – $4.24M · ±10% · vs last sale $4.30M (Apr 4 2022)
Last sale anchor
$4.30M
Apr 4 2022
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
$2,039 / 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
$26,162
Tax year 2021
Assessed value
$3,339,800
Assessed 2023
Previous assessed
$3,339,800
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$1,034,700
Assessed improvement
$2,305,100
Land market value
$1,034,700
Improvement market value
$2,305,100
Total market value
$3,339,800
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
3
Total area
1,891 SF
Lot
3 ac (130,680 SF)
APN
117420158
UPID
US90-2691965
Jurisdiction
FRANKLIN
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
2018
Heating
NONE
Buildings
3
Lot
3 ac
Current owner
From public records · entity-resolved
Wilco Farmes
Individual
Mailing address
PO BOX 258, MOUNT ANGEL, OR 97362-0258
Ownership since
2022
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
Apr 4, 2022
$4,300,000
Wilco Farmes
Bleyhl Farm Service INC
Warranty Deed
—
Nov 3, 2021
—
Bleyhl Fam Service INC
—
Deed
related
$7,712,392 · Banner Bank
Dec 28, 2018
—
Bleyhl Farm Servic INC
—
Deed
related
$3,990,000 · Columbia State Bank
May 30, 2018
—
Bleyhl Farm Service INC
—
Grant Deed
related
$6,275,000 · Columbia St Bk
Mar 30, 2017
$752,236
Bleyhl Farm Service INC
Liberty Bankers Life Ins Co
Warranty Deed
—
—
—
Bleyhl Farm Service INC
—
Deed Of Trust
related
$6,275,000 · Columbia St 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.
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