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    Tolt Ave Carnation, WA 98014

    • Retail properties
    • 15,287 SF
    For Sale
    View listing
    $1,250,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Tolt Ave

    Year built
    2025
    Property size
    15,287 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional mixed-use building presents a compelling investment opportunity in the heart of Carnation, WA. The 15,287 square foot, three-story building, constructed in 2025, boasts 11,456 square feet of net rentable space across eight units. The property features two street-level retail spaces, three second-floor offices, and three top-floor apartments, each with a 650+ sq ft rooftop deck. A central entryway and elevator provide convenient access to all units. The building includes seven parking stalls, one designated for handicap accessibility, and common bathrooms on the main and middle floors. Located on Tolt Ave in the CBD, this fee-simple property sits on an 8,940 sq ft lot (APN: 8658302065). With fully approved plans and a shovel-ready status, this property is perfectly positioned to capitalize on the significant growth in Carnation, fueled by over 200 new homes currently under construction. This keystone property offers a unique blend of retail, office, and residential spaces, promising strong rental income and significant appreciation potential. The asking price is $1,250,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carnation
    County
    King
    State
    Washington
    Longitude
    -121.914
    Latitude
    47.6482

    Comparable in this City

    • Value Estimation
      $775,000
      2,980 SF

      4645 Tolt Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,980 SF
      4645 Tolt Ave, Carnation, WA 98014-5051
      View Details
    • Value Estimation
      $400,000
      1,125 SF

      4468 Tolt Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,125 SF
      4468 Tolt Ave, Carnation, WA 98014-5050
      View Details
    • Value Estimation by Request
      1,100 SF

      4563 Tolt Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,100 SF
      4563 Tolt Ave, Carnation, WA 98014-7627
      View Details
    • Value Estimation
      $380,000
      1,704 SF

      4534 Tolt Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,704 SF
      4534 Tolt Ave, Carnation, WA 98014-7627
      View Details
    • Value Estimation
      $235,000
      1,855 SF

      4475 Tolt Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,855 SF
      4475 Tolt Ave, Carnation, WA 98014-5050
      View Details
    • Value Estimation
      $710,000
      560 SF

      4764 Tolt Ave

      RETAIL STORES (PERSONAL SERVICES) • 560 SF
      4764 Tolt Ave, Carnation, WA 98014-5052
      View Details

    Similar Nearby for Sale

    • $1,250,000
      15,287 SF

      Confluence Building: Carnation, WA

      Downtown Carnation Mixed-Use Investment
      0 Tolt Ave, Carnation, WA 98014
      View Details
    • $2,100,000
      15,165 SF

      Two Carnation Commercial Properties

      Two adjacent buildings with retail and warehouse space for sale.
      4521 Tolt Ave, Carnation, WA 98014
      View Details
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    Tolt Ave
    Carnation, WA 98014
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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
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