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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Commercial land
703 Test Dr Ln Selah, WA 98942-1762
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US90-2560513
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.16 ac (6,970 SF)
Zoning code
B2
APN
181301-32404
UPID
US90-2560513
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
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
City Of Selah · 4 yrs held
City Of Selah
since 2022
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
B2 · Selah, WA
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 Selah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selah 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
$905,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $750k (Jan 28 2020)
Last sale anchor
$750k
Jan 28 2020
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
—
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
$613
Tax year 2024
Assessed value
$69,700
Assessed 2024
Previous assessed
$69,700
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$69,700
Land market value
$69,700
Total market value
$69,700
Applied tax rate
400.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.16 ac (6,970 SF)
Zoning code
B2
APN
181301-32404
UPID
US90-2560513
Jurisdiction
YAKIMA
Zoning & alternative use
B2 · Selah, WAZoning B2 · permitted uses
B2 · Selah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinances | Selah, WA
Building & site characteristics
From public records
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
City Of Selah
Entity
Mailing address
1280 GORE RD, SELAH, WA 98942-8885
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
—
Frontier Country Investments LLC
—
Deed
related
$2,700,000 · Ready Capital Corp
Jun 2, 2022
—
City Of Selah
Frontier Country Investments LLC
Quit Claim Deed
related
—
Nov 4, 2020
—
Frontler Country Investments LLC
—
Deed
related
$375,000 · Wheatland Bank
Jan 28, 2020
$750,000
Frontier Cntry Invs LLC
Jackie R Mclain
Warranty Deed
$375,000 · Jackie R & Deborah S Mclain
Sep 17, 2014
—
Jackie R Mclain
Mclain,deborah
Quit Claim Deed
related
—
Sep 15, 2014
—
Deborah Mclain
Sommers Juanita F
Quit Claim Deed
related
—
Jan 17, 2013
—
Jackie R Mclain
Sommers,juanita F
Quit Claim Deed
related
—
Feb 16, 2012
—
Jackie R Mclain
Sommers,juanita F
Quit Claim Deed
related
—
Feb 3, 2009
—
Jackie R Mclain
Sommers,juanita F
Quit Claim Deed
related
—
Jan 23, 2008
—
Jackie R Mclain
Sommers,juanita F
Quit Claim Deed
related
—
Jan 24, 2007
—
Jackie R Mclain
Sommers,juanita F
Quit Claim Deed
related
—
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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