Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    White Pass Hwy, WA

    • Mobile home & RV parks
    • 1,260 SF
    • 1.90 lot acres
    OFF-MARKET
    Value Estimations
    $255,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-2258894
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for White Pass

    Year built
    1956
    Construction
    WOOD FRAME
    Lot size
    1.90 lot acres
    Property size
    1,260 SF
    Zone code
    FW
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds
    APN
    151424-21002
    APU
    15142421002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

    • Alternative Use

      Use
      Estimation
      CAMPGROUND, RV PARK
      $240,000
      Current use
      COMMERCIAL (GENERAL)
      $290,000
      Change: +19% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hwy
    County
    Yakima
    State
    Washington
    Longitude
    -120.905
    Latitude
    46.6931
    CBSA code
    49420
    CBSA name
    YAKIMA, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $46,000
    $149,100
    $195,100
    -
    $46,000
    $149,100
    $195,100

    Comparable in this City

    • Value Estimation
      $125,000
      88.98 Acres

      Buswell Rd, WA

      CAMPGROUND, RV PARK • 88.98 Acres
      Buswell Rd, WA
      View Details
    • Value Estimation
      $255,000
      880 SF

      Tieton Rd, WA

      CAMPGROUND, RV PARK • 880 SF
      14830, Tieton Rd, WA
      View Details
    • Value Estimation
      $305,000
      1,176 SF

      Tieton Reservoir Rd, WA

      CAMPGROUND, RV PARK • 1,176 SF
      13260, Tieton Reservoir Rd, WA
      View Details
    • Value Estimation
      $140,000
      312 SF

      Highway

      CAMPGROUND, RV PARK • 312 SF
      Highway, 410, WA
      View Details
    • Value Estimation
      $270,000
      924 SF

      9124th 215th St Ct

      MOBILE HOME PARK, TRAILER PARK • 924 SF
      9124th 215th St Ct, E, WA
      View Details
    • Value Estimation
      $365,000
      1,680 SF

      233rd St Ct

      MOBILE HOME PARK, TRAILER PARK • 1,680 SF
      233rd St Ct, E, WA
      View Details

    Similar Nearby for Sale

    • $1,500,000
      4,091 SF

      Soap Lake Waterfront Multifamily Opportunity

      Waterfront property with multiple units and potential for expansion.
      21058 Hwy N, Soap Lake, WA
      View Details
    • $3,750,000
      12,258 SF

      Gateway Inn Near Mt. Rainier

      37-key lodging asset near Mt. Rainier National Park entrance.
      38820 Hwy 706 E, Ashford, WA
      View Details
    • $3,200,000
      12,708 SF

      Sultan Motel and Residential Income

      2.39 acre lot with motel, homes, and redevelopment potential.
      101 Dutch Cup Ln, Sultan, WA
      View Details
    • $1,399,900

      Self-Sufficient Mountain Resort Opportunity

      Resort with multiple income streams near Yakima and Seattle.
      8590 Hwy, Naches, WA
      View Details
    • $769,000

      Highway Frontage Investment Opportunity

      Two-acre property with rental home and RV storage business.
      41109 Sr 2, Gold Bar, WA
      View Details
    • $1,800,000
      5,872 SF

      Fall City Mixed-Use Investment Property

      Mixed-use property with established restaurants and apartment in Fall City.
      33723-33731 SE Redmond-Fall City Rd, Fall City, WA
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      196,101 SF

      New Industrial Manufacturing Project

      High-image industrial/manufacturing space for rent, delivery in Q1 2025.
      18712 Bothell-Everett Hwy, Bothell, WA
      View Details
    • $22 SF/Yr
      21,290 SF

      Lacey Office Space For Rent

      Office space available for lease in Lacey, Washington.
      640 Woodland Sq Lp SE, Lacey, WA
      View Details
    • $1,800 /Mo
      2,228 SF

      Ferndale Flexspace Condominium For Rent

      2,228 SF flexspace with easy I-5 access.
      1915 Baltic Way, Ferndale, WA
      View Details
    • $12 SF/Yr
      35,769 SF

      Retail Space in Oak Harbor

      Junior anchor space in busy retail center on State Route 20.
      32185-32209 Hwy, Oak Harbor, WA
      View Details
    • $18 SF/Yr
      1,100 SF

      Gig Harbor Office/Flex Space Available

      Office and flex spaces available for lease in Gig Harbor.
      137th Ave Ct NW 11901, Gig Harbor, WA
      View Details
    • Contact for pricing

      Spokane Land For Lease

      Land available for lease in Spokane, Washington.
      1721 S Technology Blvd, Spokane, WA
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    White Pass
    Hwy, WA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.