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Property profile & analytics
OFF-MARKET
Estimated value
$4,675,000
Retail space
800 Park Ctra Selah, WA 98942-1173
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-2817882
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,300 SF
Lot
4.95 ac (215,622 SF)
Zoning code
BCOM
APN
181436-21442
UPID
US90-2817882
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
$4.89M
CAP Approach
CAP
$6.60M
Comparable Approach
Comparable
$7.31M
Blend (final)
Blend
$4.68M
Owner & transaction history
G E Hansen Ventures LLC · 4 yrs held
G E Hansen Ventures LLC
since 2021
Last sale
$5.3M
3 recorded transactions
Zoning & alternative use
BCOM · Selah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Ordinances | Selah, WA
Top alternative use upside
Office building
$7.4M
+37.0%
Medical building
$7.1M
+32.5%
Industrial (general)
$6.2M
+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
$4,675,000
ML approach
$4,890,000
CAP Approach
CAP Return
Estimation
6%
$7,150,000
6.5%
$6,600,000
7%
$6,125,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,365,000
Current use
OFFICE BUILDING
$7,350,000
Change: +37% · Conversion: Easy
MEDICAL BUILDING
$7,105,000
Change: +32% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,225,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,530,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$4.68M
Range $4.21M – $5.14M · ±10% · vs last sale $5.32M (Sep 24 2021)
Last sale anchor
$5.32M
Sep 24 2021
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
$111 / 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
$48,712
Tax year 2024
Assessed value
$5,609,000
Assessed 2024
Previous assessed
$5,052,200
+11.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$970,300
Assessed improvement
$4,638,700
Land market value
$970,300
Improvement market value
$4,638,700
Total market value
$5,609,000
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
42,300 SF
Lot
4.95 ac (215,622 SF)
Zoning code
BCOM
APN
181436-21442
UPID
US90-2817882
Jurisdiction
YAKIMA
Zoning & alternative use
BCOM · Selah, WAZoning BCOM · permitted uses
BCOM · 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
$5.4M
OFFICE BUILDING
Est. value
$7.4M
MEDICAL BUILDING
Est. value
$7.1M
INDUSTRIAL (GENERAL)
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.5M
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
4.95 ac
Current owner
From public records · entity-resolved
G E Hansen Ventures LLC
Entity
Mailing address
PO BOX 258, GENOA, NV 89411-0258
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2021
$5,317,763
G E Hansen Ventures LLC
Tkc Cxcviii LLC
Warranty Deed
$3,200,000 · Oak Valley Community Bank
Nov 27, 2019
—
Tkc Cxcvhi LLC
—
Deed
related
$3,832,000 · Branch Banking And Trust Co
—
—
Mcdonald,alan A & Ruby K
—
Deed Of Trust
related
$1,350,000 · Banner Bk
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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