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Property profile & analytics
OFF-MARKET Estimated value $1,740,000
Office Spaces

1635 Olympic N Hwy Shelton, WA 98584-3065

8,091 SF 0.28 ac lot Built 2003
Entity Owned 21-yr Hold Free & Clear
Property ID
US90-0713447
Property summary
AI-generated overview

This single-tenant office space, totaling 112 square feet, is located within a larger 8,091 square foot building at 1635 Olympic Hwy N, Suite 100, Shelton, WA 98584. Built in 2003, this one-story building sits on a 0.28-acre lot and offers convenient access to D Street. The property features a traditional office layout and includes shared amenities such as a conference room and waiting area. Utilities, including water, sewer, and garbage disposal, are included in the lease. While the building does not have an elevator, its single-story design ensures easy accessibility. The location provides easy access to major highways and public transportation, making it convenient for both employees and clients. This space is immediately available. The Assessor's Parcel Number (APN) is 32018-51-28001.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2003
Construction FRAME
Total area 8,091 SF
Lot 0.28 ac (12,197 SF)
APN 32018-51-28001
UPID US90-0713447
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$1.74M
Owner & transaction history
Ocean Floor LLC · 21 yrs held
Ocean Floor LLC
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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