Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    315 Michigan St Aberdeen, WA 98520

    • Office buildings
    • 17,795 SF
    • 0.90 lot acres
    For Sale
    View listing
    $1,150,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-0778822
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 315 Michigan St

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.90 lot acres
    Property size
    17,795 SF
    Property type
    Office buildings
    APN
    29408000700
    APU
    29408000700

    Description

    This exceptional commercial property, located at 315 S Michigan Street in Aberdeen, WA, offers a unique investment or owner-user opportunity. Spanning a substantial 19,065 square feet, this flex space sits on a generous 1.12-acre lot. The property's dual-parcel configuration provides significant flexibility for a variety of business uses. Its prime location within Aberdeen ensures high visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the local market. The expansive square footage allows for diverse layouts and configurations, catering to businesses with varying operational needs. Whether you're looking to establish a new enterprise or expand an existing one, this property's versatility and strategic location offer a compelling proposition. The substantial lot size also presents potential for future expansion or development, adding further value to this already attractive investment. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property and its significant opportunities. The asking price is $1,150,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $410,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $420,000
      Mixed-Use
      $330,000
      Hospitality
      $345,000
      Educational
      $365,000
      Residential Income
      $340,000
      Energy
      $455,000
      Income-Based Land
      $410,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Grays Harbor
    State
    Washington
    Longitude
    -123.823
    Latitude
    46.9695
    CBSA code
    10140
    CBSA name
    ABERDEEN, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,240
    $336,960
    $773,253
    $1,110,213
    -
    $336,960
    $773,253
    $1,110,213

    Comparable in this City

    • Value Estimation by Request
      0.44 Acres

      Aberdeen, WA 98520

      PROFESSIONAL BUILDING • 0.44 Acres
      Aberdeen, WA 98520
      View Details
    • Value Estimation by Request
      15,118 SF

      2720 Sumner Ave

      OFFICE BUILDING • 15,118 SF
      2720 Sumner Ave, Aberdeen, WA 98520-4321
      View Details
    • Value Estimation
      $5,635,000
      0.24 Acres

      954 Anderson Dr

      PROFESSIONAL BUILDING • 0.24 Acres
      954 Anderson Dr, Aberdeen, WA 98520-1001
      View Details
    • Value Estimation
      $350,000
      1,440 SF

      109 Broadway St

      OFFICE BUILDING • 1,440 SF
      109 Broadway St, Aberdeen, WA 98520-6211
      View Details
    • Value Estimation
      $280,000
      2,720 SF

      601 Curtis St

      OFFICE BUILDING • 2,720 SF
      601 Curtis St, Aberdeen, WA 98520-7622
      View Details
    • Value Estimation
      $340,000
      2,310 SF

      601 Wishkah St

      OFFICE BUILDING • 2,310 SF
      601 Wishkah St, Aberdeen, WA 98520-6031
      View Details

    Similar Nearby for Sale

    • $399,000
      2,750 SF

      Office Space with Street Presence

      2750 SF office space with parking in Aberdeen, WA.
      400 W Wishkah St, Aberdeen, WA 98520
      View Details
    • $1,150,000
      19,064 SF

      Aberdeen Office Building: Prime Location

      19,064 SF Office Building, Great Investment
      315 Michigan St, Aberdeen, WA 98520
      View Details
    • $989,500

      Aberdeen Medical Building - Prime Location

      Exceptional medical facility, move-in ready.
      1220 Basich Blvd, Aberdeen, WA 98520
      View Details
    • $369,900

      Aberdeen Commercial Building - Huge Potential

      Large warehouse, office space, great location.
      2200 Commerce St, Aberdeen, WA 98520
      View Details
    • Contact for pricing

      Aberdeen Residential Building Lot

      Prime Aberdeen lot, stunning views possible.
      816 Terrace Ave, Aberdeen, WA 98520
      View Details
    • $799,000

      Aberdeen Commercial Gem - High Visibility

      Versatile 8000 sq ft commercial space, prime location.
      400 Wishkah St, Aberdeen, WA 98520
      View Details

    Similar Nearby for Lease

    • $1,750 /Mo
      871 SF

      Office Space Available For Lease

      871 SF office space with high visibility, near amenities.
      323 W Heron St, Aberdeen, WA 98520
      View Details
    • Contact for pricing
      16,570 SF

      Retail Space on Highway 101

      Prominent corner retail location on high traffic Highway 101.
      301 E Wishkah St, Aberdeen, WA 98520
      View Details
    • $2,000 /Mo
      1,600 SF

      Retail Space on Hwy 101

      Retail space with open floor plan and highway visibility.
      301 N Park St, Aberdeen, WA 98520
      View Details
    • $4,500 /Mo
      6,288 SF

      Uptown Plaza Retail/Restaurant Space

      Prime location in Uptown Plaza, suitable for retail or restaurant.
      2701 Sumner Ave, Aberdeen, WA 98520
      View Details
    Request Owner's contact information
    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.
    315 Michigan St
    Aberdeen, WA 98520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.