Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Showrooms
7 Riverside Pl Rock Island, WA 98850-9588
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1920249
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1999
Construction
METAL FRAME
Total area
12,480 SF
Lot
5.27 ac (229,561 SF)
Zoning code
RR-2
APN
41600002002
UPID
US90-1920249
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
-
E-Z Access Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$945k
Blend (final)
Blend
$715k
Owner & transaction history
Douglas County · 2 yrs held
Douglas County
since 2023
7 recorded transactions
Zoning & alternative use
RR-2 · Rock Island, 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 Rock Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rock Island 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
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$57 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,379
Tax year 2023
Assessed value
$1,828,200
Assessed 2023
Previous assessed
$1,793,400
+1.9% YoY
Effective rate
0.84%
On assessed value
Assessed land
$369,600
Assessed improvement
$1,458,600
Land market value
$369,600
Improvement market value
$1,458,600
Total market value
$1,828,200
Applied tax rate
55.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1999
Construction
METAL FRAME
Heating
NONE
Buildings
12
Stories
1
Total area
12,480 SF
Lot
5.27 ac (229,561 SF)
Zoning code
RR-2
APN
41600002002
UPID
US90-1920249
Jurisdiction
DOUGLAS
Zoning & alternative use
RR-2 · Rock Island, WAZoning RR-2 · permitted uses
RR-2 · Rock Island, WA
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
1999
Construction
METAL FRAME
Heating
NONE
Stories
1
Buildings
12
Lot
5.27 ac
Current owner
From public records · entity-resolved
Douglas County
Entity
Mailing address
215 ELDORADO WAY, CHELAN, WA 98816-9544
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2023
—
Douglas County
R & D Ventures LLC
Warranty Deed
—
Aug 16, 2022
—
R & D Ventures LLC
—
Deed
related
$3,858,781 · Cache Valley Bank
Mar 29, 2021
—
Earl L Wilson
R & D Ventures LLC
Quit Claim Deed
related
—
May 20, 2019
—
R & D Ventrues LLC
—
Deed
related
$3,100,000 · Cashmere Valley Bank
May 9, 2019
—
R & D Ventures LLC
Wilson,earl & Barbara
Quit Claim Deed
related
—
May 8, 2008
—
R & D Ventures LLC
—
Trustees Deed
related
$489,600 · Banner Bank
—
—
R & D Ventures LLC
—
Deed Of Trust
related
$163,200 · Banner Bank
—
—
R & D Ventures LLC
—
Deed Of Trust
related
$2,010,400 · Banner Bank
—
—
R & D Ventures LLC
—
Deed Of Trust
related
$408,277 · Ncw Community Bank
—
—
R & D Ventures LLC
—
Deed Of Trust
related
$120,000 · Ncw Community 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7 Riverside Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
