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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Hotels
1325 Lakeshore Dr, Centralia, WA 98531-1163
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-3281136
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1959
Construction
WOOD
Total area
6,720 SF
Lot
1.55 ac (67,518 SF)
APN
2253002000
UPID
US90-3281136
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
$500k
CAP Approach
CAP
$795k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Motel Land LLC · 12 yrs held
Motel Land LLC
since 2013
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
$500,000
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$740,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$97 / 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
$11,038
Tax year 2024
Assessed value
$1,687,400
Assessed 2023
Previous assessed
$1,687,400
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$830,600
Assessed improvement
$856,800
Land market value
$830,600
Improvement market value
$856,800
Total market value
$1,687,400
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Total area
6,720 SF
Lot
1.55 ac (67,518 SF)
APN
2253002000
UPID
US90-3281136
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
1959
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
2
Lot
1.55 ac
Current owner
From public records · entity-resolved
Motel Land LLC
Entity
Mailing address
1325 LAKESHORE DR, CENTRALIA, WA 98531-1163
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Sep 30, 2013
$800,000
Motel Land LLC
Wib Properties-traveler Inn Ll
Grant Deed
$630,000 · Argent Bank
May 1, 2013
—
Wib Props-traveler Inn LLC
Whidbey Island Bk
Grant Deed
—
May 1, 2013
$855,000
Whidbey Island Bk
Gilbert Jeffrey P
Trustees Deed
related
—
Mar 20, 2007
$2,075,000
Parmar & Grewal LLC
Kim,un S
Warranty Deed
$1,679,082 · City Bank
Feb 14, 2006
—
Un S Kim
Kim,dong H
Quit Claim Deed
related
—
Mar 31, 2004
$1,100,000
Dong H Kim
Chang,soonam
Warranty Deed
$1,337,978 · City Bank
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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