Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    1110 Alaska St Longview, WA 98632

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,045,440

    Commercial land with high visibility and utility access in Longview.

    Lot size:
    3.00 Acres

    Property Features for 1110 Alaska St

    General Information

    Standard status
    Active
    Lot size
    3.00 Acres

    We can help!

    Listing Contact
    Jordan Willis
    Source: Exprealty

    Listing Agency: re/max premier group Listing Agent: Jordan Willis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Longview Business Park Lot

    Lot 3 of the Longview Business Park is a commercial vacant land lot offering visibility and flexibility. It has direct access to Alaska Street, with construction completed in Spring 2022, and California Way. This lot is located in Cowlitz County and presents an investment opportunity. All utilities, including water, sewer, storm water, electricity, and gas, are installed in the street. Opportunity Zone advantages are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Department Store Kitchen & Bath Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Cowlitz
    State
    Washington
    Longitude
    -123.064
    Latitude
    46.2098

    Nearby Similar for Sale

    • $469,900

      Longview Multifamily Investment Opportunity

      Multifamily property with long-term tenants in a prime location.
      823 8Th Ave, Longview, WA 98632
      View Details
    • $1,075,000
      4,600 SF

      Remodeled Longview Fourplex For Sale

      Income-producing fourplex with remodeled units and strong returns.
      263 20Th Ave, Longview, WA 98632
      View Details
    • $1,075,000
      4,600 SF

      New Longview Fourplex For Sale

      New, fully occupied fourplex in Longview, WA with strong returns.
      257 20Th Ave, Longview, WA 98632
      View Details
    • $1,075,000
      4,600 SF

      New Longview Fourplex For Sale

      New fourplex in Longview, WA, fully occupied and income-producing.
      259 20Th Ave, Longview, WA 98632
      View Details
    • $1,075,000
      4,600 SF

      New Income-Producing Longview Fourplex

      Newly built, fully occupied fourplex in Longview, WA. Strong returns.
      285 22Nd Ave, Longview, WA 98632
      View Details
    • $498,000
      4,998 SF

      Versatile Mixed-Use Commercial Property

      Two-story, 5,050 SF commercial property with live-work potential.
      537 14Th Ave, Longview, WA 98632
      View Details
    • $2,900,000
      20,540 SF

      Mixed-Use Warehouses with Retail Potential

      Three warehouses with showroom, storage, and large laydown areas.
      638 Commerce Ave, Longview, WA 98632
      View Details
    • $299,000
      2,850 SF

      Versatile Mixed-Use Commercial/Industrial Property

      2,850 SF mixed-use property near I-5 and Oregon border.
      551 14Th Ave, Longview, WA 98632
      View Details
    • $498,000

      Versatile Mixed-Use Commercial/Industrial Property

      Two-story commercial property with mixed-use zoning, ideal for various business.
      537 14Th Ave, Longview, WA 98632
      View Details
    • $184,900

      Belfair Condo in West Longview

      Spacious 2 bed, 1.5 bath condo with updated features.
      2005 Tibbetts Dr, Longview, WA 98632
      View Details
    • $1,600,000

      Longview Commercial Income Property

      Commercial property with long-term tenants and development potential.
      5708 Ocean Beach Hwy, Longview, WA 98632
      View Details
    • $1,059,000

      Fully Occupied Office/Medical Building

      Office/medical building with low vacancy and investment potential.
      1106 Douglas St, Longview, WA 98632
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high visibility and utility access in Longview.
    Where is this commercial land located?
    The property is located at 1110 Alaska St Longview, WA.
    What is the asking price?
    The asking price for this property is $1,045,440.
    What are key features of this property?
    This property features: - Premier lot with great visibility and flexibility.; - Direct access to Alaska Street and California Way.; - One of the best remaining investment opportunities in Cowlitz County.
    (360) 636-7378
    Request Owner's contact information
    1110 Alaska St Longview, WA 98632
    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.
    1110 Alaska St
    Longview, WA 98632
    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
    1110 Alaska St Longview, WA 98632
    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

    We can help!
    Listing Contact
    Jordan Willis
    (360) 636-7378
    Learn more
    Google sign-in failed. Please try again or use another login method.