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    20940 Old Highway 99 SW Centralia, WA 98531

    For Sale
    $299,900

    1.38 acre commercial property with shop, home, and additional unit.

    Property size:
    60,113 SF

    Property Features for 20940 Old Highway 99 SW

    General Information

    Size
    60,113 SF

    Building Details

    Year built
    1972

    Source: GREENE COMMERCIAL Agent QUINT NEWELL

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

    Overview

    Versatile Commercial Property on Old Hwy

    This 1.38 acre commercial property is fully fenced and includes two parcels. Anchoring the site is a large 2-bay shop, suitable for storage, service operations, or trades. A 1,536 square foot 1972 manufactured home provides office space or on-site living quarters, while an additional 800 square foot, 1-bedroom unit adds flexibility for guest housing, rental income, or a private office. The property has high-traffic exposure and easy access to I-5, making it a location for a home-based business, contractor headquarters, or future development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Lewis
    State
    Washington
    Longitude
    -123.0109535
    Latitude
    46.7841919

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    FAQs

    What type of property is this?
    Commercial land - 1.38 acre commercial property with shop, home, and additional unit.
    Where is this commercial land located?
    The property is located at 20940 Old Highway 99 SW Centralia, WA.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - 1.38+/- acre commercial property with two parcels.; - Large 2-bay shop suitable for storage, service, or trades.; - High-traffic exposure and easy access to I-5.
    Request Owner's contact information
    20940 Old Highway 99 SW Centralia, WA 98531
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    Centralia, WA 98531
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    Realmo Value Estimation

    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.

    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.

    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
    20940 Old Highway 99 SW Centralia, WA 98531
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