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    Turnkey Inn Hospitality Property Title is generated by Realmo AI

    711 Carlsborg Road, Sequim, WA 98382

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    Claim this Listing
    For Sale
    $1,295,000

    COMMERCIAL - Sequim, WA

    Property size:
    1,173 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $1,104/SF
    Added:
    Apr 24, 2026
    Days on Market:
    41
    Last Refresh:
    Jun 3 at 10:06 pm

    Property Features for 711 Carlsborg Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Parking features
    Guest
    Interior features
    Smoke Detector
    Appliances
    Cooktop, Dryer, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    4301550902
    Size
    1,173 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    2458

    Utilities

    Heating system
    Ductless (Heating), Heat Pump (Heating)

    Building Details

    Flooring type
    Vinyl
    Roof type
    Metal

    We can help!

    Listing Contact
    Josh Haller

    Listing agent Josh Haller License #22010859

    Listing office Brickhouse Real Estate 51 Stone Farm Road, Sequim, WA

    Listing date Apr 24, 2026

    MLS# 400474

    Copyright © 2026 Olympic Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Newly remodeled commercial property currently operating as an inn with established short‑term rental units
    • Flexible hospitality setup for use as an inn, boutique hotel, vacation rental, or hybrid hospitality business
    • Metal roof and vinyl flooring
    • Heating includes heat pump and ductless heating system
    • Appliances include cooktop, microwave, refrigerator, washer, and dryer
    • Includes smoke detector and guest parking

    Overview

    This newly remodeled hospitality property is currently operating as an inn and includes multiple well-appointed accommodations designed for guest comfort and privacy. The layout is flexible and supports continued use as an inn or alternative lodging formats, including boutique hotel, vacation rental property, or a hybrid hospitality business. As presented, it is offered as a turnkey opportunity for an investor or owner-operator seeking an established short-term rental operating model.

    The property is located at 711 Carlsborg Road in Sequim, Washington, within commercial zoning. With an established focus on guest stays, the accommodations are positioned for travelers seeking convenient access to local dining and outdoor recreation, along with nearby attractions.

    For buyers, this configuration can fit an operator looking to take over an in-place hospitality concept while maintaining the option to adjust unit mix and operating format over time. For investors, the property’s existing short-term rental operations and turnkey presentation may appeal to those who want lodging income tied to an established accommodation setup. The commercial zoning and flexible use profile offer practical pathways for continued hospitality use as well as potential refinement of how the property is marketed and operated within the lodging segment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sequim
    County
    Clallam
    State
    Washington
    Longitude
    -123.173152
    Latitude
    48.090094

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    FAQs

    What type of property is this?
    Hotel - Newly remodeled inn with flexible lodging units suited for short-term or hybrid hospitality operations.
    Where is this hotel located?
    The property is located at 711 Carlsborg Road Sequim, WA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Newly remodeled commercial property currently operating as an inn with established short‑term rental units; Flexible hospitality setup for use as an inn, boutique hotel, vacation rental, or hybrid hospitality business; Metal roof and vinyl flooring
    (360) 500-3880
    We can help!
    Listing Contact
    Josh Haller
    Real Estate License ID: 22010859
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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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    711 Carlsborg Road, Sequim, WA 98382
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