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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Warehouses
687 Wallace Way, Grandview, WA 98930-8836
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-3343271
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Construction
METAL FRAME
Total area
2,400 SF
Lot
0.96 ac (41,818 SF)
Zoning code
M1
APN
230915-44410
UPID
US90-3343271
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
$920k
Owner & transaction history
Stash & Store LLC · 3 yrs held
Stash & Store LLC
since 2022
Last sale
$25,000
4 recorded transactions
Zoning & alternative use
M1 · Grandview, WA
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$383 / 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
$2,238
Tax year 2024
Assessed value
$257,700
Assessed 2024
Previous assessed
$63,000
+309.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$84,000
Assessed improvement
$173,700
Land market value
$84,000
Improvement market value
$173,700
Total market value
$257,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Construction
METAL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
2,400 SF
Lot
0.96 ac (41,818 SF)
Zoning code
M1
APN
230915-44410
UPID
US90-3343271
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Grandview, WA
Zoning M1 · permitted uses
M1 · 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.
Building & site characteristics
From public records
Year built
2023
Construction
METAL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Stash & Store LLC
Entity
Free & Clear · 3 yrs held
Mailing address
693 WALLACE WAY, GRANDVIEW, WA 98930-8836
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2022
—
Stash & Store LLC
Branden Matthew Dion
Quit Claim Deed
related
—
Apr 3, 2014
$45,000
Branden M Dion
Dion,ronald D & Deborah A
Dual Purpose Document
$27,000 · Ronald D & Deborah A Dion
Oct 3, 2006
$25,000
Ronald D Dion
Port Of Grandview
Warranty Deed
—
Sep 2, 2004
$76,250
Dan M Wyatt
Port Of Grandview
Warranty Deed
$250,000 · West Coast Bank
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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