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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Apartment buildings
1101 Scammon Crk Rd Centralia, WA 98531-8803
Individually Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1267218
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2004
Construction
WOOD
Total area
3,196 SF
Lot
4.48 ac (195,149 SF)
APN
22147000000
UPID
US90-1267218
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
$590k
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$475k
Blend (final)
Blend
$515k
Owner & transaction history
Vbc Centralia Housing Lmtd Pts · 23 yrs held
Vbc Centralia Housing Lmtd Pts
since 2002
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$660,000
+1.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Centralia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centralia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
$525,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$650,000
Current use
OFFICE BUILDING
$660,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$161 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$70,960
Tax year 2023
Assessed value
$8,652,800
Assessed 2022
Previous assessed
$5,412,600
+59.9% YoY
Effective rate
0.82%
On assessed value
Assessed land
$1,951,500
Assessed improvement
$6,701,300
Land market value
$1,951,500
Improvement market value
$6,701,300
Total market value
$8,652,800
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
4
Stories
2
Total area
3,196 SF
Lot
4.48 ac (195,149 SF)
APN
22147000000
UPID
US90-1267218
Jurisdiction
LEWIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$650,000
OFFICE BUILDING
Est. value
$660,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Buildings
4
Lot
4.48 ac
Current owner
From public records · entity-resolved
Vbc Centralia Housing Lmtd Pts
Individual
Mailing address
1911 65TH AVE W, TACOMA, WA 98466-6225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2019
—
Vb Cooks Hill LP
—
Deed
related
$5,000,000 · Boeing Emps Cu
Sep 29, 2005
—
Vbc Centralia Housing
—
Deed Of Trust
related
$1,400,000 · Washington Cmnty Reinv Assn
Nov 27, 2002
$200,000
Vbc Centralia Housing Lmtd Pts
Teitge Profit Shar,carl D
Warranty Deed
related
—
—
—
Vb Cooks Hill LP
—
Deed Of Trust
related
$5,000,000 · Boeing Emps Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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