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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Office buildings
1541 11th Ave Longview, WA 98632-4122
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0342243
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1958
Total area
7,288 SF
Lot
0.41 ac (18,000 SF)
APN
402
UPID
US90-0342243
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
-
Diamond Residential Mortgage Corporation Loan Service Bank
-
Prime Lending Loan Service Bank
-
All Ways Caring HomeCare - Longview, Washington Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$793k
Blend (final)
Blend
$835k
Owner & transaction history
Mirabella Trust · 9 yrs held
Mirabella Trust
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+45.8%
Auto repair, garage
$905,000
+8.8%
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 Longview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longview 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$830,000
Current use
RESTAURANT
$1,210,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$905,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$700,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$115 / 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
$6,918
Tax year 2023
Assessed value
$781,510
Assessed 2022
Previous assessed
$781,510
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$144,000
Assessed improvement
$637,510
Land market value
$144,000
Improvement market value
$637,510
Total market value
$781,510
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
1958
Heating
HEAT PUMP
Stories
1
Total area
7,288 SF
Lot
0.41 ac (18,000 SF)
APN
402
UPID
US90-0342243
Jurisdiction
COWLITZ
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
OFFICE BUILDING Current
Est. value
$830,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$905,000
RETAIL STORES
Est. value
$700,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1958
Heating
HEAT PUMP
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Mirabella Trust
Trust
Mailing address
PO BOX 32, LONGVIEW, WA 98632-7021
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
—
Vince Penta
—
Deed
related
$1,050,000 · Fibre FCU
Dec 29, 2016
—
Mirabella Trust
Penta,vince & Karen
Quit Claim Deed
related
—
Nov 14, 2012
—
Vince Penta
Contract Management Services LLC
Quit Claim Deed
related
$1,098,000 · Fibre FCU
Jun 9, 2005
—
Contract Management Svcs LLC
Penta,vince & Karen
Quit Claim Deed
related
$1,164,000 · Riverview Community Bank
Dec 30, 2004
$245,000
Vince Penta
Gmac Commercial Mortgage Corp
Grant Deed
$250,000 · Klein Trust (tr)
May 25, 2004
$224,999
Gmac Commercial Mortgage Corp
Fps Trustee Services INC
Trustees Deed
related
—
May 25, 1993
$990,000
International Health Care Prop
—
Warranty Deed
related
—
—
—
Contract Management Svcs LLC
—
Deed Of Trust
related
$536,000 · Northwest Busn Dev Assn
—
—
Contract Management Svcs LLC
—
Deed Of Trust
related
—
—
—
Vince Penta
—
Deed Of Trust
related
$250,000 · Riverview Community Bank
—
—
Contract Management Svcs LLC
—
Deed Of Trust
related
$100,000 · Riverview Community 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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