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Property profile & analytics
FOR LEASE
Medical Office Space
7425 Wrigley Dr Pasco, WA 99301
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0835953
For Lease
1 / 8
$30 SF/Yr
7425 Wrigley Dr, Pasco, WA 99301
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Total area
32,808 SF
Lot
2.45 ac (106,722 SF)
APN
116140036
UPID
US90-0835953
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
-
Prevent Dental Plans Dental Office
-
Lourdes Anticoagulation Clinic Medical Clinic
-
Michael Adling, DO Pediatrician Physician
-
Johnson Quentin W MD Pediatrician Physician
-
Joe Schiavo, PA-C Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.60M
Owner & transaction history
Wrigley Medical Center LLC · 7 yrs held
Wrigley Medical Center LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.9M
+31.3%
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 Pasco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pasco 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,495,000
Current use
COMMERCIAL (GENERAL)
$5,900,000
Change: +31% · Conversion: Easy
RESTAURANT
$4,375,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,035,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$3,650,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.60M
Range $3.24M – $3.95M · ±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
$110 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$100,452
Tax year 2021
Assessed value
$12,315,800
Assessed 2023
Previous assessed
$12,315,800
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$2,668,100
Assessed improvement
$9,647,700
Land market value
$2,668,100
Improvement market value
$9,647,700
Total market value
$12,315,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2009
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
2
Total area
32,808 SF
Lot
2.45 ac (106,722 SF)
APN
116140036
UPID
US90-0835953
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$5.9M
RESTAURANT
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$4.0M
RETAIL STORES
Est. value
$3.7M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2009
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
2.45 ac
Current owner
From public records · entity-resolved
Wrigley Medical Center LLC
Entity
Mailing address
2701 NW VAUGHN ST STE #323, PORTLAND, OR 97210-5355
Ownership since
2019
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
May 15, 2019
$13,961,000
Wrigley Medical Center LLC
Red Head Investments LLC
Trustees Deed
$8,340,000 · Miscellaneous Ins Co
Dec 13, 2018
—
Red Head Investments LLC
—
Deed
related
$6,200,000 · Banner Bank
Oct 3, 2008
—
Red Head Investments LLC
C 1031 Properties INC
Quit Claim Deed
related
—
May 13, 2008
—
C 1031 Properties INC
—
Trustees Deed
related
$6,745,000 · Bank Of Whitman
Feb 21, 2008
$963,869
C 1031 Properties INC
Our Lady Of Lourdes Hosp Of Pasco
Warranty Deed
$720,375 · Columbia River Bank
Sep 28, 2006
$392,040
Our Lady Of Lourdes Hosp Of Pasco
Tower West LLC
Warranty Deed
—
Sep 28, 2006
—
Our Lady Of Lourdes Hosp Of Pasco
Our Lady Of Lourdes Hosp Of Pasco
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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