Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1308 15th St Clarkston, WA 99403-2461

    • Retail properties & Spaces
    • 960 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-2781629
    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

    • Lazer Heating & A/C / HVAC Service / General Contractor

    Property Details for 1308 15th St

    Lot size
    0.44 lot acres
    Property size
    960 SF
    Property type
    Retail properties & Spaces
    APN
    1-004-33-003-0005
    APU
    1004330030005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarkston
    County
    Asotin
    State
    Washington
    Longitude
    -117.069
    Latitude
    46.405
    CBSA code
    30300
    CBSA name
    LEWISTON, ID-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
    $3,524
    $75,000
    $243,800
    $318,800
    -
    $75,000
    $243,800
    $318,800

    Comparable in this City

    • Value Estimation by Request
      1,054 SF

      731 5th St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,054 SF
      731 5th St, Clarkston, WA 99403-2631
      View Details
    • Value Estimation by Request
      1,014 SF

      608 Chestnut St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,014 SF
      608 Chestnut St, Clarkston, WA 99403-2644
      View Details
    • Value Estimation by Request
      1,440 SF

      3022 Riverside Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,440 SF
      3022 Riverside Dr, Clarkston, WA 99403-9714
      View Details
    • Value Estimation by Request
      4,960 SF

      1801 13th St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,960 SF
      1801 13th St, Clarkston, WA 99403-3006
      View Details
    • Value Estimation by Request
      2,048 SF

      1341 15th St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,048 SF
      1341 15th St, Clarkston, WA 99403-2460
      View Details
    • Value Estimation
      $1,210,000
      33,678 SF

      1313 Brg St

      DEPARTMENT STORE • 33,678 SF
      1313 Brg St, Clarkston, WA 99403-2331
      View Details

    Similar Nearby for Sale

    • $1,360,000
      9,459 SF

      Clarkston Waterfront Restaurant

      Prime Riverfront Restaurant & Retail
      1550 Port Dr, Clarkston, WA 99403
      View Details
    • $5,000,000
      15,256 SF

      Walgreens NNN Investment Opportunity

      Freestanding Walgreens in Clarkston, WA with long-term lease.
      425 Bridge St, Clarkston, WA 99403
      View Details
    • $1,150,000
      7,900 SF

      Clarkson Commercial Property with Equipment

      Commercial building with land, equipment, and ample parking.
      517 Diagonal St, Clarkston, WA 99403
      View Details
    • $5,000,000
      14,550 SF

      Clarkston WA Walgreens NNN Investment

      Freestanding Walgreens in Clarkston, WA with long-term absolute NNN lease.
      425 Bridge St, Clarkston, WA 99403
      View Details
    • $1,150,000
      7,900 SF

      Commercial Building with Shop and Equipment

      Commercial property with shop, equipment, and parking in prime location.
      517 Diagonal St, Clarkston, WA 99403
      View Details
    • $1,750,000
      1,116 SF

      Retail Space in Clarkston, WA

      Retail space available for lease in Clarkston, Washington.
      303 Bridge St, Clarkston, WA 99403
      View Details

    Similar Nearby for Lease

    • $150,000
      5,850 SF

      Established Fine-Dining Restaurant Opportunity

      Turnkey restaurant business for sale in downtown Clarkston.
      900 6Th St, Clarkston, WA 99403
      View Details
    • New
      $185,000
      1,174 SF

      Renovated Commercial Space in Clarkston

      Updated commercial space for business or investment in Clarkston.
      828-1/2 6Th St, Clarkston, WA 99403
      View Details
    • $84,000
      7,900 SF

      Clarkston Commercial Property with Equipment

      Commercial building with land, parking, and equipment for various businesses.
      519 Diagonal St, Clarkston, WA 99403
      View Details
    • New
      $49,140
      4,500 SF

      Clarkston Commercial Space For Lease

      Flexible commercial space in desirable Clarkston Port area.
      1271 Port Dr, Clarkston, WA 99403
      View Details
    • $0.70 SF/Yr

      Industrial Warehouse in Port of Clarkston

      Multi-tenant industrial warehouse with logistical advantages in Clarkston, WA.
      1370 Port Dr, Clarkston, WA 99403
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1308 15th St
    Clarkston, WA 99403-2461
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!