1400 Down River DrWoodland, WA 98674

Property Details for 1400 Down River Dr

Year built

1976

Lot size

0.95 AC

Property size (Sq ft)

5,016 SF

Property type

Retail properties

Property subtype

Auto shops

APN

5060002

APU

5060002

Description

This exceptional 7,916 square foot warehouse, situated on a 0.95-acre lot (41,382 square feet) in Woodland, Washington, presents a unique owner-user opportunity. Located minutes from Interstate 5, this light industrial (LI) zoned property boasts six grade-level loading doors, providing convenient access for loading and unloading. The building, constructed in 1976, features impressive 12-14 foot ceiling heights and 3-phase power, catering to a variety of industrial needs. The property includes substantial laydown yards on both sides of the building, offering ample outdoor storage space. Historically used to accommodate two tenants, this versatile space allows for continued rental income, partial occupancy with rental of the remaining space, or complete sole occupancy. The building will be vacant by July 15th, 2024. The property's Assessed Parcel Number (APN) is 5060002. This prime location and flexible layout make this a highly desirable investment, ideal for businesses seeking expansion or a strategic location near major transportation routes. Don't miss this chance to acquire a well-maintained warehouse with significant potential.

• CAP approach

  CAP return

  Valuation

  6%

  $2,025,211

  6.5%

  $1,869,426

  7%

  $1,735,895

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,434,273

  Geo Method

  $2,434,273

• Alternative Use

  Use

  Valuation

  Residential

  $1,576,930

  Hospitality

  $1,444,460

  Educational

  $1,201,774

  Medical

  $1,243,104

  Retail

  $1,869,426

Location Insight

City

Woodland

County

Cowlitz

State

Washington

Latitude

45.9117

Longitude

-122.752

CBSA code

31020

CBSA name

LONGVIEW, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.