639 Morgan St Davenport, WA 99122
- Banks
- 1.00 lot acres
Current Use by Public Records
- Banks
Property Details for 639 Morgan St
- Lot size
- 1.00 lot acres
- Property type
- Banks
- APN
- 306078001100
- APU
- 306078001100
Description
This meticulously maintained, recently remodeled 1,828 square foot building presents a fantastic opportunity for a single-tenant business. The property boasts ADA accessibility, exposed brick, high ceilings allowing ample natural light, and a convenient drive-thru window. A substantial vault is included, adding to the property's versatility. The building's excellent location is further enhanced by prominent pylon signage, ensuring high visibility. Ample on-site parking is available for both staff and clients. The property's blend of modern updates and charming architectural details creates a unique and inviting space, ideal for a variety of businesses. Its turnkey condition allows for a swift and efficient business launch, minimizing setup time and maximizing operational efficiency. The combination of a desirable location, attractive features, and immediate occupancy potential makes this a truly exceptional commercial property. The property is classified as both retail and office space, suitable for medical or traditional office uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $200,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $165,000
- Mixed-Use
- $165,000
- Hospitality
- $170,000
- Educational
- $210,000
- Residential Income
- $175,000
- Energy
- $165,000
- Income-Based Land
- $165,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Lincoln
- State
- Washington
- Longitude
- -118.151
- Latitude
- 47.6537