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    Woodland Storage Facility For Sale Title is generated by Realmo AI

    1320 West Scott Avenue, Woodland, WA 98674

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    2005-vintage self-storage facility with value-add potential in Woodland, Washington.

    Type:Self Storage
    Property size:
    18,576 SF
    Lot size:
    3.50 Acres
    Price / SF:
    $123/SF
    Added:
    May 18, 2026
    Days on Market:
    11
    Last Refresh:
    May 20 at 4:59 am

    Property Features for 1320 West Scott Avenue

    General Information

    Standard status
    Active
    Size
    18,576 SF
    Lot size
    3.50 Acres
    Property subtype
    Self Storage

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    Jim Lewis
    Jim Lewis

    Listing agent Jim Lewis License #OR 200412086

    Listing office Cushman & Wakefield - Portland, Oregon

    Listing date May 18, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Portland, Oregon

    HighLights

    • Immediate value‑add potential through rent increases (30% discount).
    • High current occupancy (~89%) indicates strong demand.
    • Favorable supply‑and‑demand fundamentals with limited new competition.
    • Located along the I‑5 corridor, providing access to the Portland‑Vancouver MSA.
    • Opportunity to increase rentable square footage through capital improvements.
    • Efficient, all drive‑up unit mix.

    Overview

    Stor‑A‑Wile Storage is a self‑storage facility built in 2005, featuring 102 drive‑up, non‑climate storage units. The units total 18,576 net rentable square feet, complemented by 71 surface parking spaces, totaling 172 spaces, on approximately 3.5 acres. An onsite office is included. The storage units are approximately 89% physically occupied with below‑market rents, averaging about $0.93 per square foot, which is a 30% discount to the estimated weighted market rent of approximately $1.34 per square foot. The property offers value‑add potential through rent increases and professional revenue management. Capital improvements could lead to more efficient operations, enhanced visual appeal, and increased rentable square footage. Located along the I‑5 corridor in Woodland, Washington, it is about 20 miles north of Vancouver, WA, providing access to the greater Portland–Vancouver MSA. The Woodland submarket has favorable supply‑and‑demand fundamentals and limited new competitive development.

    Financial Insights

    Value Estimation Calculated for Industrial

    Conservative
    $1.92M
    NOI $172,688 @ 9.00% cap · cautious / downside scenario
    Moderate
    $2.47M
    NOI $172,688 @ 7.00% cap · market / base-case scenario
    Aggressive
    $3.45M
    NOI $172,688 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Industrial

    Component $ $/SF
    Gross rent $265.3k $14.28
    − Vacancy −$18.6k −$1.00
    EGI $246.7k $13.28
    − OpEx −$74.0k −$3.98
    NOI $172.7k $9.30
    18,576 SF · lease $14.28/SF/yr · vacancy 7.00% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Industrial
    $2.47M
    $2.16M – $2.88M (±1% cap)
    NOI $172,688 @ 7.0% cap · market cap 7.51%
    Second Best
    Self Storage
    $2.26M
    $1.97M – $2.63M (±1% cap)
    NOI $157,911 @ 7.0% cap · market cap 6.87%
    Theoretical Best
    Office A
    $6.12M
    $5.36M – $7.14M (±1% cap)
    NOI $428,419 @ 7.0% cap · market cap 18.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Store-A-Wile Storage, LLC Storage Facility RJ Yard Landscape ... Landscaping

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodland
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.7573052
    Latitude
    45.9144438

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    FAQs

    What type of property is this?
    Self storage facility - 2005-vintage self-storage facility with value-add potential in Woodland, Washington.
    Where is this self storage facility located?
    The property is located at 1320 West Scott Avenue Woodland, WA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Immediate value‑add potential through rent increases (30% discount).; High current occupancy (~89%) indicates strong demand.; Favorable supply‑and‑demand fundamentals with limited new competition.
    (503) 279-1743 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jim Lewis
    Jim Lewis
    Real Estate License ID: OR 200412086
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    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.

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