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    Property profile & analytics

    1563 Olympia Way Longview, WA 98632-3008

    • Office buildings
    • 2,026 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US90-1285437
    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

    • Edward Jones - Financial Advisor: Mike Wachtendorf, CFP®|AAMS™ / Financial Consultant / Finance Broker
    • 2022 Democratic Headquarters, Cowlitz County / Political Party Office

    Property Details for 1563 Olympia Way

    Year built
    1947
    Lot size
    0.08 lot acres
    Property size
    2,026 SF
    Property type
    Office buildings
    APN
    1691
    APU
    1691

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $215,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $215,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $170,000
      Mixed-Use
      $185,000
      Hospitality
      $165,000
      Educational
      $160,000
      Residential Income
      $180,000
      Energy
      $190,000
      Income-Based Land
      $210,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.938
    Latitude
    46.1377
    CBSA code
    31020
    CBSA name
    LONGVIEW, 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
    $2,382
    $35,090
    $232,970
    $268,060
    -
    $35,090
    $232,970
    $268,060

    Comparable in this City

    • Value Estimation
      $585,000
      3,698 SF

      855 11th Ave Ste A

      PROFESSIONAL BUILDING • 3,698 SF
      855 11th Ave Ste A, Longview, WA 98632-2461
      View Details
    • Value Estimation by Request
      6,252 SF

      950 12th Ave

      PROFESSIONAL BUILDING • 6,252 SF
      950 12th Ave, Longview, WA 98632-2552
      View Details
    • Value Estimation by Request
      8,064 SF

      1555 3rd Ave

      PROFESSIONAL BUILDING • 8,064 SF
      1555 3rd Ave, Longview, WA 98632-3266
      View Details
    • Value Estimation by Request
      6,000 SF

      1323 Broadway St

      PROFESSIONAL BUILDING • 6,000 SF
      1323 Broadway St, Longview, WA 98632-3711
      View Details
    • Value Estimation by Request
      139,660 SF

      1516 Douglas St

      PROFESSIONAL BUILDING • 139,660 SF
      1516 Douglas St, Longview, WA 98632-2348
      View Details
    • Value Estimation
      $1,415,000
      15,632 SF

      1516 Hudson St

      PROFESSIONAL BUILDING • 15,632 SF
      1516 Hudson St, Longview, WA 98632-3083
      View Details

    Similar Nearby for Sale

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    • $785,000
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      Prime Commercial/Industrial Lot in Longview, WA
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      Prime Commercial/Industrial Lot in Longview, WA
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    Similar Nearby for Lease

    • Contact for pricing
      5,800 SF

      Ocean Beach Hwy Retail/Office Space

      Prime Longview Location, New Construction
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    • $1.65 SF/Yr
      16,613 SF

      Modern Office Suite in Longview

      Exceptional office suite with abundant natural light and modern design.
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    • Contact for pricing
      755 SF

      Office Space in Longview, WA

      755 SF office space available for rent in Longview.
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      View Details
    • $4,500 /Mo
      10,480 SF

      Longview Warehouse with Showroom/Office

      Two-story warehouse with showroom/office space for lease in Longview.
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    • $1,016 /Mo
      847 SF

      Move-in Ready Office Suite

      Configured office suite in high-visibility Park Plaza.
      1717 Olympia Way, Longview, WA 98632
      View Details
    • $9 SF/Yr
      3,500 SF

      Longview Corner Building - 3500 SF

      Versatile Retail/Office Space - Longview, WA
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      View Details
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    Longview, WA 98632-3008
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    Realmo Value Estimation

    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.

    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.

    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
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