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Property profile & analytics
OFF-MARKET
Estimated value
$1,355,000
Retail space
802 1st Ave Toppenish, WA 98948-1164
Entity Owned
6-yr Hold
Free & Clear
Property ID
US90-1116702
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Construction
METAL FRAME
Total area
22,200 SF
Lot
1.66 ac (72,310 SF)
Zoning code
B2
APN
201009-12409
UPID
US90-1116702
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
-
Las Dos Victorias Tortillerias Bakery Production Facility
-
Farmers Insurance Insurance Agency
-
Farmers Insurance - Pablo Ramirez Insurance Agency
-
MULTIMEX LLC Bank Credit Union
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.36M
Owner & transaction history
M Glez Property LLC · 6 yrs held
M Glez Property LLC
since 2020
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
B2 · Toppenish, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent is to promote general business uses
Zone name
General Business
General category
COMMERCIAL
Zone area
101.35 ac
Source
Realmo
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 Toppenish submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toppenish 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
$1,445,000
ML approach
$1,430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.36M
Range $1.22M – $1.49M · ±10% · vs last sale $1.20M (Aug 5 2020)
Last sale anchor
$1.20M
Aug 5 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
$61 / 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
$8,694
Tax year 2024
Assessed value
$1,013,400
Assessed 2024
Previous assessed
$1,008,000
+0.5% YoY
Effective rate
0.86%
On assessed value
Assessed land
$146,200
Assessed improvement
$867,200
Land market value
$146,200
Improvement market value
$867,200
Total market value
$1,013,400
Applied tax rate
480.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1974
Construction
METAL FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
22,200 SF
Lot
1.66 ac (72,310 SF)
Zoning code
B2
APN
201009-12409
UPID
US90-1116702
Jurisdiction
YAKIMA
Zoning & alternative use
B2 · Toppenish, WAZoning B2 · permitted uses
B2 · Toppenish, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent is to promote general business uses
Zone name
General Business
General category
COMMERCIAL
Zone area
101.35 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1974
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.66 ac
Current owner
From public records · entity-resolved
M Glez Property LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 448, TOPPENISH, WA 98948-0448
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Aug 5, 2020
—
M Glez Property LLC
Ttenda La Tapatia LLC
Quit Claim Deed
related
—
Jan 26, 2012
—
N J Harris LLC
Harris,maryann
Quit Claim Deed
—
Jan 26, 2012
$1,200,000
Tienda La Tapatia LLC
N J Harris LLC
Warranty Deed
$840,000 · N J Harris LLC
Dec 2, 2005
—
Nj Harris LLC
Harris,norman J
Quit Claim Deed
related
—
Jun 29, 2001
—
Lia Hill
Home Security Bank
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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