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Property profile & analytics
OFF-MARKET
Estimated value
$4,330,000
Office buildings
2010 Cooks Hl Rd Centralia, WA 98531-8832
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3232700
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1994
Construction
WOOD
Total area
17,717 SF
Lot
2.15 ac (93,654 SF)
APN
21179002000
UPID
US90-3232700
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
$4.69M
CAP Approach
CAP
$4.68M
Comparable Approach
Comparable
$4.18M
Blend (final)
Blend
$4.33M
Owner & transaction history
Centralia Point Holding Company LLC · 4 yrs held
Centralia Point Holding Company LLC
since 2022
Last sale
$3.8M
5 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
$4,785,000
ML approach
$4,685,000
CAP Approach
CAP Return
Estimation
6%
$5,065,000
6.5%
$4,675,000
7%
$4,340,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,655,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,610,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$4.33M
Range $3.90M – $4.76M · ±10% · vs last sale $3.83M (Feb 8 2022)
Last sale anchor
$3.83M
Feb 8 2022
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
$244 / 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
$34,297
Tax year 2023
Assessed value
$4,182,200
Assessed 2022
Previous assessed
$4,000,000
+4.6% YoY
Effective rate
0.82%
On assessed value
Assessed land
$936,500
Assessed improvement
$3,245,700
Land market value
$936,500
Improvement market value
$3,245,700
Total market value
$4,182,200
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
17,717 SF
Lot
2.15 ac (93,654 SF)
APN
21179002000
UPID
US90-3232700
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
1994
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
2.15 ac
Current owner
From public records · entity-resolved
Centralia Point Holding Company LLC
Entity
Mailing address
1800 BLANKENSHIP RD STE #475, WEST LINN, OR 97068-4248
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2022
$3,825,000
Centralia Point Holding Company LLC
Mcp Cooks Hill Wa Propco LLC
Bargain And Sale Deed
$6,488,000 · Coastalstates Bank
Jul 27, 2020
$1,570,000
Mcp Cooks Hill Wa Propco LLC
Nhp Washington Aef LLC
Bargain And Sale Deed
$44,891,146 · Bmo Harris Bank NA
Jul 27, 2020
—
Senior Svcs Of America III LLC
—
Deed
related
$44,891 · Mcp Cook's Hill Wa Opco LLC
Jul 9, 2007
$5,812,828
Nhp Washington Alf LLC
Svc Investors LLC
Warranty Deed
—
—
—
Senior Svcs Of America III LLC
—
Deed Of Trust
related
$44,891 · Mcp Cook's Hill Wa Opco LLC
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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