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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Industrial properties
81 Trak Rd Wapato, WA 98951-9811
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-0664064
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
METAL FRAME
Total area
14,870 SF
Lot
1.12 ac (48,787 SF)
Zoning code
RS
APN
191229-12693
UPID
US90-0664064
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
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$510k
Owner & transaction history
Omega Vision LLC · 3 yrs held
Omega Vision LLC
since 2023
Last sale
$518,850
3 recorded transactions
Zoning & alternative use
RS · Wapato, 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 Wapato submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wapato 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
$525,000
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $519k (Jan 18 2023)
Last sale anchor
$519k
Jan 18 2023
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
$34 / 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
$1,931
Tax year 2024
Assessed value
$221,700
Assessed 2024
Previous assessed
$218,500
+1.5% YoY
Effective rate
0.87%
On assessed value
Assessed land
$49,400
Assessed improvement
$172,300
Land market value
$49,400
Improvement market value
$172,300
Total market value
$221,700
Applied tax rate
562.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1984
Construction
METAL FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
14,870 SF
Lot
1.12 ac (48,787 SF)
Zoning code
RS
APN
191229-12693
UPID
US90-0664064
Jurisdiction
YAKIMA
Zoning & alternative use
RS · Wapato, WA
Zoning RS · permitted uses
RS · Wapato, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wapato. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.12 ac
Current owner
From public records · entity-resolved
Omega Vision LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2564TH COUNTY RD QQ, WAUPACA, WI 54981-9701
Ownership since
2023
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
Jan 18, 2023
—
Omega Vision LLC
Waupaca Northwoods LLC
Quit Claim Deed
related
—
Jul 19, 2005
—
Waupaca Northwoods LLC
—
Deed Of Trust
related
$8,118,115 · Wells Fargo Bank
Oct 29, 1998
$518,850
Waupaca Northwoods LLC
Pace International LP
Grant Deed
$16,500,000 · Fleet Capital Corp Ttee
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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