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    122 SW Interstate Ave Chehalis, WA 98532
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    Property profile & analytics

    122 SW Interstate Ave Chehalis, WA 98532

    View on Map
    • Hotels
    • 4,032 SF
    • 1.30 lot acres
    For Sale
    $5,595,000
    View Listing →
    Travelodge Hotel Along Interstate 5 For Sale
    $5,595,000
    56,628 SF

    Travelodge Hotel Along Interstate 5

    Nationally branded hotel with high visibility and convenient access.

    122 SW Interstate Ave, Chehalis, WA 98532
    View Listing
    Property ID
    US90-0551999
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 122 SW Interstate Ave

    Year built
    1970
    Construction
    WOOD
    Lot size
    1.30 lot acres
    Property size
    4,032 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    5871071017
    APU
    5871071017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,750,000
      ML approach
      $3,840,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,818,000
      Market price range: $339k - $2.82M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chehalis
    County
    Lewis
    State
    Washington
    Longitude
    -122.956
    Latitude
    46.6456
    CBSA code
    16500
    CBSA name
    CENTRALIA, WA MICROPOLITAN 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
    $21,479
    $566,300
    $2,002,800
    $2,569,100
    -
    $566,300
    $2,002,800
    $2,569,100

    Comparable in this City

    • Value Estimation
      $5,940,000
      1,040 SF

      201 Interstate Ave

      HOTEL/MOTEL • 1,040 SF
      201 Interstate Ave, Chehalis, WA 98532-3701
      View Details
    • Value Estimation by Request

      13th St

      HOTEL/MOTEL
      13th St, Chehalis, WA 98532
      View Details
    • Value Estimation by Request
      5,326 SF

      550 Parkland Dr

      HOTEL/MOTEL • 5,326 SF
      550 Parkland Dr, Chehalis, WA 98532-3708
      View Details
    • Value Estimation by Request

      Nn Frk Rd

      INDUSTRIAL - VACANT LAND
      Nn Frk Rd, Chehalis, WA 98532
      View Details
    • Value Estimation by Request
      240.75 Acres

      Chehalis, WA 98532

      INDUSTRIAL - VACANT LAND • 240.75 Acres
      Chehalis, WA 98532
      View Details
    • Value Estimation by Request
      73.07 Acres

      Chehalis, WA 98532

      INDUSTRIAL - VACANT LAND • 73.07 Acres
      Chehalis, WA 98532
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      56,628 SF

      Travelodge Hotel Along Interstate 5

      Nationally branded hotel with high visibility and convenient access.
      122 SW Interstate Ave, Chehalis, WA 98532
      View Details
    • Contact for pricing
      12,960 SF

      Warehouses and Land with Billboard

      1.95-acre property with warehouses, rail access, and billboard.
      1579 N National Ave, Chehalis, WA 98532
      View Details
    • $350,000

      Chehalis Restaurant Property - High ROI

      Established Restaurant, Long-Term Lease, Great Visibility
      109 Interstate Ave, Chehalis, WA 98532
      View Details
    • Contact for pricing

      1676 Bishop Rd, Chehalis, WA 98532

      Commercial land
      1676 Bishop Rd, Chehalis, WA 98532
      View Details
    • Contact for pricing

      Land for Sale

      Land available for sale in Chehalis, Washington.
      Bishop Rd, Chehalis, WA 98532
      View Details
    • $259,000

      Level Adna Parcel For Sale

      5+ acre level parcel ready for building with views.
      2 Brown Rd, Chehalis, WA 98532
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      29 SF

      Land Parcel for Lease

      Land available for lease in Chehalis, Washington.
      273 Maurin Rd, Chehalis, WA 98532
      View Details
    • Contact for pricing
      3,468 SF

      Chehalis Office Space Available

      Office space available for lease in Chehalis, Washington.
      225 NW Cascade Ave, Chehalis, WA 98532
      View Details
    • Contact for pricing

      Retail Space in Chehalis Center

      Retail space available in high-traffic Chehalis shopping center.
      1349-1565 NW Louisiana Ave, Chehalis, WA 98532
      View Details
    • Contact for pricing
      55,570 SF

      Chehalis Industrial Facility For Lease

      55,570 SF industrial space with highway access.
      208 Maurin Rd, Chehalis, WA 98532
      View Details
    • Contact for pricing
      56,250 SF

      Available Warehouse Space with Yard

      67,500 SF warehouse space with multiple yard options.
      211 Hamilton Rd N, Chehalis, WA 98532
      View Details
    • $0.10 SF/Yr

      Napavine Land For Lease

      11 net usable acres fronting I-5 in Napavine, WA.
      1254 Rush Rd, Napavine, WA 98532
      View Details
    View Listing
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    Chehalis, WA 98532
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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    122 SW Interstate Ave, Chehalis, WA, 98532
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