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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Showrooms
1305 Gold St Centralia, WA 98531-3717
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0150874
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,392 SF
Lot
3.2 ac (139,392 SF)
APN
3682476001
UPID
US90-0150874
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
$1.26M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.21M
Owner & transaction history
Christian A Affeldt · 12 yrs held
Christian A Affeldt
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+53.1%
Apartment house (5+ units)
$1.3M
+51.4%
Retail stores
$995,000
+15.5%
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%
$1,365,000
6.5%
$1,260,000
7%
$1,170,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$860,000
Current use
OFFICE BUILDING
$1,320,000
Change: +53% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,305,000
Change: +51% · Conversion: Moderate
RETAIL STORES
$995,000
Change: +15% · Conversion: Easy
RESTAURANT
$935,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±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
$189 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,558
Tax year 2024
Assessed value
$1,919,900
Assessed 2023
Previous assessed
$1,919,900
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$557,600
Assessed improvement
$1,362,300
Land market value
$557,600
Improvement market value
$1,362,300
Total market value
$1,919,900
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
6,392 SF
Lot
3.2 ac (139,392 SF)
APN
3682476001
UPID
US90-0150874
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
COMMERCIAL (GENERAL) Current
Est. value
$860,000
OFFICE BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
RETAIL STORES
Est. value
$995,000
RESTAURANT
Est. value
$935,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
RESTAURANT
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Christian A Affeldt
Individual
Mailing address
8405 SKI VW LN SW, OLYMPIA, WA 98512-1810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2018
—
Cascade West Properties LLC
—
Deed
related
$1,200,000 · Homestreet Bank
May 18, 2016
—
Cascade West Properties LLC
—
Deed
related
$1,460,248 · Bank Of America
Jan 17, 2014
—
Christian A Affeldt
Cheney,kyle
Grant Deed
related
—
Jun 17, 2011
—
Cascade Wester Properties LLC
Cascade West Veterinary Hosp L
Quit Claim Deed
related
—
Jan 25, 2010
$500,000
Christian A Affeldt
Cheney,kyle
Warranty Deed
—
Jan 8, 2010
—
West Veterinary Hosp L Cascade
Affeldt,christian A & Darby
Quit Claim Deed
related
—
Jan 7, 2010
—
West Veterinary Hosp Cascade
—
Trustees Deed
related
$1,963,400 · Timberland Bank
Feb 10, 2009
$500,000
Christian A Affeldt
Cheney,kyle
Grant Deed
—
Feb 23, 2004
$445,000
Kyle Cheney
Seymour,michael S & Marlene C
Warranty Deed
$225,000 · West Coast Bk
—
—
Cascade West Properties LLC
—
Deed Of Trust
related
$1,460,248 · Bank Of America
—
—
Cascade West Properties LLC
—
Deed Of Trust
related
$996,247 · Security State Bank
—
—
Kyle V Cheney
—
Deed Of Trust
related
$135,000 · West Coast Bk
—
—
West Veterinary Hosp L Cascade
—
Deed Of Trust
related
$1,090,799 · Timberland Bank
—
—
West Veterinary Hosp L Cascade
—
Deed Of Trust
related
$867,000 · Northwest Busn Dev Assn
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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