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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Mobile home & RV parks
802 40th Ave Yakima, WA 98908-2402
Individually Owned
12-yr Hold
Free & Clear
Property ID
US90-0405087
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1973
Lot
10.2 ac (444,312 SF)
Zoning code
R3
APN
181315-31008
UPID
US90-0405087
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
-
Carriage Hill Estates Campground & RV Park
-
SavyInk Tattoo Studio Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Jerry L Blevins · 12 yrs held
Jerry L Blevins
since 2013
7 recorded transactions
Zoning & alternative use
R3 · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Yakima submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yakima 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
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
—
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
$33,444
Tax year 2024
Assessed value
$3,331,000
Assessed 2024
Previous assessed
$3,331,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$555,300
Assessed improvement
$2,775,700
Land market value
$555,300
Improvement market value
$2,775,700
Total market value
$3,331,000
Applied tax rate
335.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Lot
10.2 ac (444,312 SF)
Zoning code
R3
APN
181315-31008
UPID
US90-0405087
Jurisdiction
YAKIMA
Zoning & alternative use
R3 · Yakima, WA
Zoning R3 · permitted uses
R3 · Yakima, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yakima. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Stories
1
Lot
10.2 ac
Current owner
From public records · entity-resolved
Jerry L Blevins
Individual
Free & Clear · 12 yrs held
Mailing address
4620 SCENIC DR, YAKIMA, WA 98908-2219
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
—
Carriage Hill Estates LLC
—
Deed
related
$100,000 · Bank Of Idaho
Sep 12, 2023
—
Carraige Hill Estate LLC
—
Deed
related
$93,978 · Bank Of Idaho
Sep 25, 2020
—
Carriage Hill Estates LLC
—
Deed
related
$1,500,000 · Homestreet Bank
Sep 24, 2013
—
Jerry L Blevins
Blevins,jerry L
Quit Claim Deed
related
—
Oct 25, 2012
—
Jerry L Blevins
Brookens Vernon G
Grant Deed
—
May 28, 2009
—
Yakima National Bank
Blevins,jerry & Marcia L
Grant Deed
related
—
Sep 11, 2001
—
Jerry L Blevins
Pioneer National Bank
Quit Claim Deed
related
—
—
—
Jerry L Blevins
—
Deed Of Trust
related
$50,000 · Yakima National 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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