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Property profile & analytics
OFF-MARKET
Estimated value
$8,790,000
Manufacturing properties
7075 5th St, Ridgefield, WA 98642-7120
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2382836
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2017
Construction
STEEL FRAME
Total area
52,938 SF
Lot
3.93 ac (171,191 SF)
Zoning code
E : RGF
APN
215444-002
UPID
US90-2382836
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
$9.02M
CAP Approach
CAP
$6.14M
Comparable Approach
Comparable
$10.82M
Blend (final)
Blend
$8.79M
Owner & transaction history
Triple J Holdings LLC · 1 yrs held
Triple J Holdings LLC
since 2025
Last sale
$8.5M
5 recorded transactions
Zoning & alternative use
E : RGF · Ridgefield, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$14.2M
+38.4%
Commercial (general)
$12.9M
+25.5%
Auto repair, garage
$10.5M
+1.8%
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 Ridgefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgefield 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
$9,050,000
ML approach
$9,015,000
CAP Approach
CAP Return
Estimation
6%
$6,650,000
6.5%
$6,140,000
7%
$5,700,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,265,000
Current use
MEDICAL BUILDING
$14,200,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,880,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,450,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$8.79M
Range $7.91M – $9.67M · ±10% · vs last sale $8.55M (May 8 2025)
Last sale anchor
$8.55M
May 8 2025
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
$166 / 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
$62,718
Tax year 2023
Assessed value
$7,560,000
Assessed 2023
Previous assessed
$6,872,700
+10.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$1,035,748
Assessed improvement
$6,524,252
Land market value
$1,035,748
Improvement market value
$6,524,252
Total market value
$7,560,000
Applied tax rate
10,319.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
52,938 SF
Lot
3.93 ac (171,191 SF)
Zoning code
E : RGF
APN
215444-002
UPID
US90-2382836
Jurisdiction
CLARK
Zoning & alternative use
E : RGF · Ridgefield, WA
Zoning E : RGF · permitted uses
E : RGF · Ridgefield, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgefield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$14.2M
COMMERCIAL (GENERAL)
Est. value
$12.9M
AUTO REPAIR, GARAGE
Est. value
$10.5M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
COMMERCIAL (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
2017
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
3.93 ac
Current owner
From public records · entity-resolved
Triple J Holdings LLC
Entity
Mailing address
1 N LA SALLE ST STE #2100, CHICAGO, IL 60602-3918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2025
$8,545,000
Triple J Holdings LLC
Kcp Nnn II Fee Owner 2 LLC
Special Warranty Deed
$5,130,000 · Columbia Community Cu
Oct 8, 2019
—
Kcp Nnn II Fee Owner 2 LLC
—
Deed
related
$78,000,000 · Citi Real Estate Funding INC
Apr 29, 2019
$13,885,000
Kcp Nnn II Fee Owner 2 LLC
Idv Urs LP
Special Warranty Deed
$100,000,000 · Citibank NA
Nov 1, 2016
$925,000
Idv Urs LP
Hard Investments LLC
Special Warranty Deed
$8,766,834 · Bank Of Texas
Feb 11, 2008
$1,018,079
Hard Investments LLC
Pioneer Estates LLC
Warranty Deed
$907,000 · Regents 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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