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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Retail space
909 Ahtanum Rd Union Gap, WA 98903-1538
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0654328
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,072 SF
Lot
0.81 ac (35,284 SF)
Zoning code
COM
APN
181201-23046
UPID
US90-0654328
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
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$831k
Blend (final)
Blend
$720k
Owner & transaction history
Juan Salazar · 8 yrs held
Juan Salazar
since 2017
5 recorded transactions
Zoning & alternative use
COM · Union Gap, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$980,000
+42.4%
Office building
$945,000
+37.1%
Industrial (general)
$825,000
+19.8%
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 Union Gap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Gap 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
by Request
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
RETAIL STORES
$690,000
Current use
MEDICAL BUILDING
$980,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$945,000
Change: +37% · Conversion: Easy
INDUSTRIAL (GENERAL)
$825,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$645,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$142 / 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
$5,082
Tax year 2024
Assessed value
$739,450
Assessed 2024
Previous assessed
$668,250
+10.7% YoY
Effective rate
0.69%
On assessed value
Assessed land
$119,050
Assessed improvement
$620,400
Land market value
$119,050
Improvement market value
$620,400
Total market value
$739,450
Applied tax rate
308.0000
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
5,072 SF
Lot
0.81 ac (35,284 SF)
Zoning code
COM
APN
181201-23046
UPID
US90-0654328
Jurisdiction
YAKIMA
Zoning & alternative use
COM · Union Gap, WA
Zoning COM · permitted uses
COM · Union Gap, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union Gap. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$690,000
MEDICAL BUILDING
Est. value
$980,000
OFFICE BUILDING
Est. value
$945,000
INDUSTRIAL (GENERAL)
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$645,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE 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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
Juan Salazar
Individual
Mailing address
909 AHTANUM RD, UNION GAP, WA 98903-1538
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Dec 21, 2017
$625,000
Juan Salazar
Dgrothaus LLC
Warranty Deed
—
Dec 14, 2017
—
Juan Salazar
—
Deed
related
$494,074 · Banner Bank
Sep 24, 2014
$625,000
Juan Salazar
Dgrothaus LLC
Dual Purpose Document
$620,973 · Dgrothaus LLC
Mar 15, 2011
—
Dgrothaus LLC
Dennis D Grothaus
Quit Claim Deed
related
$302,464 · Cashmere Valley Bank
—
—
Dennis D Grothaus
—
Deed Of Trust
related
$303,450 · Sterling Savings 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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