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117 Scammel St Aberdeen, WA 98520-6850

Commercial real estate Google Maps
2,760 SF 0.25 ac lot Built 1981
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$330k
Range $297k – $363k (±10%)
Property ID US90-0542589

Property summary

AI-generated overview

This exceptional commercial property located at 117 S Scammel Street in Aberdeen, Washington, presents a unique investment opportunity. The building boasts over 2,750 square feet of commercially zoned space, currently divided into two distinct areas. One area functions as a warehouse, ideal for storage or light manufacturing. The second area offers a practical layout including an office, bathroom, and additional storage, perfect for a small business or office space. The property's significant advantage lies in the substantial additional land available. This extra space provides considerable potential for future expansion of the existing building, creating more usable square footage to meet growing business needs. Alternatively, the extra land could be utilized for increased parking capacity, crucial for attracting customers and employees, or for additional outdoor storage. The asking price of $235,000 represents a compelling value for a property offering such versatility and growth potential in a desirable Aberdeen location. This property is perfect for an owner-occupier seeking a functional space with expansion capabilities or an investor looking for a strong return on investment. The existing building's layout offers immediate usability, while the additional land unlocks significant future development possibilities. Don't miss this chance to acquire a prime commercial property in a thriving area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Construction FRAME
Total area 2,760 SF
Lot 0.25 ac (10,890 SF)
APN 14200900700
UPID US90-0542589

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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