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Property profile & analytics
OFF-MARKET Estimated value $2,050,000
Hotels

14600 468th SE Ave North Bend, WA 98045-8762

18,488 SF 0.93 ac lot Built 1987
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-0740808
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1987
Construction WOOD
Total area 18,488 SF
Lot 0.93 ac (40,511 SF)
Zoning code IC
APN 226750-0110
UPID US90-0740808
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
Current use
Occupant on record · Public records
  • Edgewick Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.05M
Owner & transaction history
Korchina Co INC · 25 yrs held
Korchina Co INC
since 2001
1 recorded transaction
2001
Price N/A
Zoning & alternative use
IC · North Bend, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Interchange Commercial (IC) Interchange Mixed Use (IMU) Business Park (BP) Employment Park (EP) Parks, Open Space and Public Facilities (POSPF) (Ord. 1824 § 5 (App. B), 2024; Ord. 1576 § 1, 2016: Ord. 1325 § 1 (part), 2008: Ord. 1256 § 1 (part), 2006: Ord. 1020 (part), 1997). 18.10.020 Zoning districts - Purposes. In addition to general purposes of the zonin…

Zone name Interchange Commercial
General category COMMERCIAL
Zone area 121.64 ac
Source North Bend Municipal Code
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