Back to Search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
Nwnw Mnr Rd Wapato, WA 98951
Individually Owned
10-yr Hold
Free & Clear
Property ID
US90-2278019
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2017
Construction
WOOD
Total area
1,392 SF
Lot
4.03 ac (175,547 SF)
Zoning code
GC
APN
191110-34023
UPID
US90-2278019
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kip R Ramsey · 10 yrs held
Kip R Ramsey
since 2016
7 recorded transactions
Zoning & alternative use
GC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,158
Tax year 2024
Assessed value
$1,634,050
Assessed 2024
Previous assessed
$1,621,500
+0.8% YoY
Effective rate
0.87%
On assessed value
Assessed land
$339,250
Assessed improvement
$1,294,800
Land market value
$339,250
Improvement market value
$1,294,800
Total market value
$1,634,050
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
1,392 SF
Lot
4.03 ac (175,547 SF)
Zoning code
GC
APN
191110-34023
UPID
US90-2278019
Jurisdiction
YAKIMA
Zoning & alternative use
GC · Wapato, WA
Zoning GC · permitted uses
GC · 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
2017
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
4.03 ac
Current owner
From public records · entity-resolved
Kip R Ramsey
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 577, WHITE SWAN, WA 98952-0577
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2021
—
Kip R Ramsey
—
Deed
related
$8,500,000 · Key Bank NA
Nov 20, 2019
—
Lupine INC
—
Deed
related
—
Nov 16, 2018
—
Lupine INC
—
Deed
related
—
Oct 13, 2017
—
Kip R Ramsey
—
Loan Modification
related
$2,080,000 · Keybank USA
Sep 14, 2017
—
Lupine INC
—
Deed
related
—
May 11, 2017
—
Kip R Ramsey
—
Loan Modification
related
$1,500,000 · Keybank USA
Jan 26, 2017
—
Kip R Ramsey
—
Deed
related
$4,000,000 · Keybank USA
Apr 4, 2016
—
Kip R Ramsey
Curtis,lavilla R
Quit Claim Deed
related
—
Mar 15, 2016
$250,000
Lavilla R Curtis
Hallauer Carol E
Warranty Deed
—
—
—
Lupine INC
—
Loan Modification
related
—
—
—
Lupine INC
—
Loan Modification
related
—
—
—
Kip R Ramsey
—
Deed Of Trust
related
$4,000,000 · Keybank USA
—
—
Lupine INC
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Nwnw Mnr Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
