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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Hotels
926 Commercial St, Leavenworth, WA 98826-1478
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1878090
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1989
Total area
6,993 SF
Lot
0.29 ac (12,632 SF)
APN
241712662170
UPID
US90-1878090
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
$410k
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$665k
Owner & transaction history
Pol Hun LLC · 8 yrs held
Pol Hun LLC
since 2018
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+76.7%
Industrial (general)
$995,000
+60.4%
Auto repair, garage
$990,000
+59.3%
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 Leavenworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leavenworth 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
$410,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$620,000
Current use
OFFICE BUILDING
$1,095,000
Change: +77% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$995,000
Change: +60% · Conversion: Difficult
AUTO REPAIR, GARAGE
$990,000
Change: +59% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$935,000
Change: +51% · Conversion: Difficult
RESTAURANT
$805,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$95 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,540
Tax year 2023
Assessed value
$1,554,460
Assessed 2022
Previous assessed
$1,503,103
+3.4% YoY
Effective rate
0.81%
On assessed value
Assessed land
$378,000
Assessed improvement
$1,176,460
Land market value
$378,000
Improvement market value
$1,176,460
Total market value
$1,554,460
Applied tax rate
606.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1989
Heating
NONE
Buildings
2
Total area
6,993 SF
Lot
0.29 ac (12,632 SF)
APN
241712662170
UPID
US90-1878090
Jurisdiction
CHELAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$620,000
OFFICE BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$990,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$935,000
RESTAURANT
Est. value
$805,000
RETAIL STORES
Est. value
$635,000
HOTEL/MOTEL Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
RETAIL STORES
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
1989
Heating
NONE
Buildings
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Pol Hun LLC
Entity
Mailing address
PO BOX 459, LEAVENWORTH, WA 98826-0459
Ownership since
2018
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
May 18, 2018
$2,600,000
Pol Hun LLC
Pensiona LLC
Warranty Deed
$1,675,000 · Cashmere Valley Bank
Dec 21, 2007
—
Pensiona LLC
Owner Name Unavailable
Grant Deed
related
—
Dec 18, 2007
$1,650,000
Pensiona LLC
Robert S Smith
Warranty Deed
$396,377 · North Cascades 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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