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Property profile & analytics
OFF-MARKET Estimated value $2,060,000
Manufacturing properties

109 Sears Rd Chehalis, WA 98532-8719

77,160 SF 5.52 ac lot Built 1968
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US90-0127495
Property summary
AI-generated overview

This exceptional industrial warehouse sublease opportunity in Chehalis, Washington presents a significant space for various commercial and industrial uses. Located at 109 Sears Rd, Napavine, WA 98532, this single-tenant property boasts a substantial 78,928 square feet of warehouse space within a larger building. Built in 1990 and renovated in 1998, the property features a single story with a generous 20-foot ceiling height, ideal for accommodating various storage and operational needs. The property sits on a 5.52-acre lot and benefits from heavy power capabilities, making it suitable for energy-intensive operations. The CI zoning allows for a wide range of commercial and industrial uses. The property's location in Lewis County provides convenient access to transportation routes and other essential infrastructure. The Assessor's Parcel Number (APN) is 017697-001-002. This is a ready-to-occupy space, currently available for sublease. The property's size, power capacity, and zoning make it an attractive option for businesses seeking a well-maintained and functional warehouse in a strategic location. Interested parties should inquire for further details and availability.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1968
Construction METAL FRAME
Total area 77,160 SF
Lot 5.52 ac (240,451 SF)
APN 17697001002
UPID US90-0127495
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$2.06M
Owner & transaction history
Garrett Street Properties LLC · 4 yrs held
Garrett Street Properties LLC
since 2022
Last sale
$2.2M
6 recorded transactions
2023
Price N/A
2022
Price N/A
2020
Price N/A
2015
$2.2M
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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