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Property profile & analytics
OFF-MARKET
Estimated value
$12,770,000
Hotels
802 Yakima Ave Yakima, WA 98901-2552
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1667321
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2009
Construction
WOOD
Total area
73,917 SF
Lot
1.01 ac (43,996 SF)
Zoning code
CBD
APN
191319-12534
UPID
US90-1667321
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
-
8th Street Bistro Restaurant
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Cardtronics Atm
-
WW Studio @ Holiday Inn Yakima Weight Loss Service Wellness Center
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.43M
CAP Approach
CAP
$8.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.77M
Owner & transaction history
Bap Group LLC · 4 yrs held
Bap Group LLC
since 2022
Last sale
$15.7M
7 recorded transactions
Zoning & alternative use
CBD · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$20.5M
+347.2%
Restaurant
$9.2M
+99.8%
Medical building
$9.1M
+97.9%
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
$10,425,000
CAP Approach
CAP Return
Estimation
6%
$9,270,000
6.5%
$8,555,000
7%
$7,945,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$20,520,000
Change: +347% · Conversion: Difficult
RESTAURANT
$9,170,000
Change: +100% · Conversion: Difficult
MEDICAL BUILDING
$9,080,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$8,185,000
Change: +78% · Conversion: Difficult
Blend value · Realmo final
$12.77M
Range $11.49M – $14.05M · ±10% · vs last sale $15.75M (Jun 3 2022)
Last sale anchor
$15.75M
Jun 3 2022
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
$173 / 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
$116,524
Tax year 2024
Assessed value
$13,714,300
Assessed 2024
Previous assessed
$13,714,300
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$350,900
Assessed improvement
$13,363,400
Land market value
$350,900
Improvement market value
$13,363,400
Total market value
$13,714,300
Applied tax rate
331.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2009
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
5
Total area
73,917 SF
Lot
1.01 ac (43,996 SF)
Zoning code
CBD
APN
191319-12534
UPID
US90-1667321
Jurisdiction
YAKIMA
Zoning & alternative use
CBD · Yakima, WA
Zoning CBD · permitted uses
CBD · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$20.5M
RESTAURANT
Est. value
$9.2M
MEDICAL BUILDING
Est. value
$9.1M
OFFICE BUILDING
Est. value
$8.2M
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
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
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
5
Lot
1.01 ac
Current owner
From public records · entity-resolved
Bap Group LLC
Entity
Mailing address
179 HERITAGE LN, LYNDEN, WA 98264-9237
Ownership since
2022
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
Apr 7, 2026
—
Bap Group LLC
—
Deed
related
$150,000 · Mountain Pacific Bank
Aug 8, 2022
—
Bap Group LLC
—
Deed
related
$4,464,000 · Northwest Business Development Associati
Jun 3, 2022
$15,746,000
Bap Group LLC
S & S Yakima LLC
Warranty Deed
$14,172,000 · Coastal Commerce Bank
Jan 31, 2018
$5,082,022
S S Yakima LLC
Yakima Hospitality LLC
Warranty Deed
$8,860,000 · Peoples Bank
Aug 31, 2016
—
Yakima Hospitality LLC
—
Deed
related
—
Nov 15, 2007
$1,620,000
Yakima Hospitality LLC
Roose,gary M & Janice
Warranty Deed
—
—
—
Gary M Roose
—
Deed Of Trust
related
$950,000 · Safeco Life Insurance Co
—
—
Yakima Hospitality LLC
—
Loan Modification
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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