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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Retail space
707 Test Dr Ln Selah, WA 98942-1762
Entity Owned
4-yr Hold
Property ID
US90-1442628
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2023
Construction
METAL FRAME
Total area
6,004 SF
Lot
2.31 ac (100,624 SF)
Zoning code
B2
APN
181301-32001
UPID
US90-1442628
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
$720k
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$825k
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Ordinances | Selah, WA
Top alternative use upside
Office building
$1.0M
+37.0%
Medical building
$1.0M
+32.5%
Industrial (general)
$885,000
+16.0%
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
$825,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$1,015,000
6.5%
$935,000
7%
$870,000
Alternative Use
Use
Estimation
RETAIL STORES
$760,000
Current use
OFFICE BUILDING
$1,045,000
Change: +37% · Conversion: Easy
MEDICAL BUILDING
$1,010,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$885,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$785,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$825k
Range $680k – $752k · vs last sale $750k (Jun 2 2022)
Last sale anchor
$750k
Jun 2 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
$137 / 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
$15,472
Tax year 2024
Assessed value
$1,780,700
Assessed 2024
Previous assessed
$553,500
+221.7% YoY
Effective rate
0.87%
On assessed value
Assessed land
$679,200
Assessed improvement
$1,101,500
Land market value
$679,200
Improvement market value
$1,101,500
Total market value
$1,780,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2023
Construction
METAL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
6,004 SF
Lot
2.31 ac (100,624 SF)
Zoning code
B2
APN
181301-32001
UPID
US90-1442628
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$760,000
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$785,000
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2023
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
City Of Selah
Entity
Mailing address
1280 GORE RD, SELAH, WA 98942-8885
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
7 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
—
Dec 23, 2002
—
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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