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    Property profile & analytics

    1217 3rd Ave Longview, WA 98632-3206

    • Retail space
    • 2,880 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Mar 17, 2021
    $425,000
    Location Intelligence
    Property ID
    US90-0841304
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Scythe Brewing Co. / Brewery / Restaurant

    Property Details for 1217 3rd Ave

    Year built
    2021
    Lot size
    0.48 lot acres
    Property size
    2,880 SF
    Property type
    Retail space
    APN
    10043
    APU
    10043

    Description

    This exceptional 23,900-square-foot mixed-use commercial property, located at 1217 3rd Ave in Longview, Washington, presents a unique opportunity for businesses seeking a prominent location. Built in 2021, the entire building is currently vacant, offering complete flexibility for a single tenant or multiple occupants. The property sits on a sizable 1.4-acre lot, providing ample space for parking, loading, and potential future expansion. The minimum divisible space is 3,150 square feet, allowing for adaptability to various business needs, while the maximum contiguous space available is the entire 23,900 square feet. This build-to-suit property offers a blank canvas for creating a customized commercial space tailored to specific requirements. Its central Longview location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in this thriving community. The property is situated in Cowlitz County, Washington, with a zip code of 98632. This is a rare opportunity to secure a large, modern, and versatile commercial space in a desirable location. The property's size and flexibility make it suitable for a wide range of commercial uses.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $365,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $415,000
      Mixed-Use
      $390,000
      Hospitality
      $340,000
      Educational
      $375,000
      Residential Income
      $390,000
      Energy
      $420,000
      Income-Based Land
      $410,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.924
    Latitude
    46.1338
    CBSA code
    31020
    CBSA name
    LONGVIEW, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,794
    $84,000
    $3,513,300
    $3,597,300
    -
    $84,000
    $3,513,300
    $3,597,300

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      1134 Washington Way

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      1134 Washington Way, Longview, WA 98632
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    • Value Estimation by Request
      5,000 SF

      520 7th Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      520 7th Ave, Longview, WA 98632-1605
      View Details
    • Value Estimation by Request
      7,500 SF

      1322 Commerce Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,500 SF
      1322 Commerce Ave, Longview, WA 98632-3718
      View Details
    • Value Estimation by Request
      135,152 SF

      2850 Ocean Bch Hwy

      RETAIL STORES (PERSONAL SERVICES) • 135,152 SF
      2850 Ocean Bch Hwy, Longview, WA 98632-3512
      View Details
    • Value Estimation
      $1,325,000
      12,000 SF

      1256 12th Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      1256 12th Ave, Longview, WA 98632
      View Details
    • Value Estimation by Request
      12,000 SF

      1051 14th Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      1051 14th Ave, Longview, WA 98632-2369
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

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    1217 3rd Ave
    Longview, WA 98632-3206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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