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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Industrial properties
Leavenworth, WA 98826
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-1917373
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
2001
Total area
4,436 SF
Lot
11.87 ac (517,057 SF)
APN
261712410050
UPID
US90-1917373
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$450k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Newell Family LLC · 17 yrs held
Newell Family LLC
since 2009
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$695,000
+10.2%
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
$450,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$630,000
Current use
OFFICE BUILDING
$695,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$625,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$115 / 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
$15,260
Tax year 2023
Assessed value
$1,851,710
Assessed 2022
Previous assessed
$1,346,727
+37.5% YoY
Effective rate
0.82%
On assessed value
Assessed land
$584,411
Assessed improvement
$1,267,299
Land market value
$584,411
Improvement market value
$1,267,299
Total market value
$1,851,710
Applied tax rate
29.0000
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
HEAVY INDUSTRIAL
Status
Off-Market
Year built
2001
Heating
HEAT PUMP
Stories
2
Rooms
11
Bathrooms
3
Total area
4,436 SF
Lot
11.87 ac (517,057 SF)
APN
261712410050
UPID
US90-1917373
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
INDUSTRIAL (GENERAL) Current
Est. value
$630,000
OFFICE BUILDING
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$625,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
2001
Heating
HEAT PUMP
Stories
2
Rooms
11
Bathrooms
3
Lot
11.87 ac
Current owner
From public records · entity-resolved
Newell Family LLC
Entity
Mailing address
19115 CHIWAWA LOOP RD, LEAVENWORTH, WA 98826-9550
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2017
—
Newell Family LLC
—
Loan Modification
related
$2,657,964 · Washington Tr Bk
Mar 7, 2013
—
Newell Family LLC
—
Deed Of Trust
related
$2,457,096 · Washington Trust Bank
Feb 15, 2012
—
Newell Family LLC
—
Deed Of Trust
related
$1,969,162 · Washington Trust Bank
May 22, 2009
—
Newell Family LLC
Newell,william
Quit Claim Deed
related
—
Apr 2, 2009
—
William Newell
Newell Diana
Quit Claim Deed
related
—
—
—
Newell Family LLC
—
Loan Modification
related
$600,000 · Washington Tr Bk
—
—
Newell Family LLC
—
Loan Modification
related
$150,209 · Washington Tr Bk
—
—
William Newell
—
Deed Of Trust
related
$50,000 · Washington Trust Bank
—
—
Newell Family LLC
—
Deed Of Trust
related
$622,500 · Washington Trust 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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