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Property profile & analytics
OFF-MARKET
Estimated value
$4,045,000
Office buildings
1305 Alexander St Centralia, WA 98531-1305
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1692982
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1970
Construction
WOOD
Total area
33,768 SF
Lot
2.94 ac (128,066 SF)
APN
3485011001
UPID
US90-1692982
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.26M
Blend (final)
Blend
$4.05M
Owner & transaction history
1305 Alexander Propco LLC · 1 yrs held
1305 Alexander Propco LLC
since 2025
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.05M
Range $3.64M – $4.45M · ±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
$120 / 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
$13,968
Tax year 2023
Assessed value
$1,703,200
Assessed 2022
Previous assessed
$1,155,000
+47.5% YoY
Effective rate
0.82%
On assessed value
Assessed land
$512,300
Assessed improvement
$1,190,900
Land market value
$512,300
Improvement market value
$1,190,900
Total market value
$1,703,200
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
ELECTRIC
Stories
1
Total area
33,768 SF
Lot
2.94 ac (128,066 SF)
APN
3485011001
UPID
US90-1692982
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
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
ELECTRIC
Stories
1
Lot
2.94 ac
Current owner
From public records · entity-resolved
1305 Alexander Propco LLC
Entity
Mailing address
PO BOX 814390, HOLLYWOOD, FL 33081-4390
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
—
1305 Alexander Propco LLC
1305 Alexander LLC
Special Warranty Deed
$79,300,000 · Oxford Finance LLC
Aug 25, 2023
—
1305 Alexander LLC
—
Deed
related
$78,467,027 · Computershare Trust Company NA
May 18, 2021
—
1305 Alexander LLC
Fce Riverside LLC
Bargain And Sale Deed
$114,000,000 · Capital Funding
Apr 19, 2019
—
Fce Riverside LLC
—
Loan Modification
related
$60,000,000 · Wo Healthco-3 LLC
Jul 6, 2015
—
Fce Riverside LLC
Homes Re 1 LLC
Grant Deed
—
Nov 3, 2006
—
Homes Re 1 LLC
Extendicare Homes INC
Warranty Deed
$500,000 · Lehman Brothers Bank Fsb
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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