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Property profile & analytics
FOR SALE
Assisted living facilities
211 Pioneer Rd W, Long Beach, WA 98631
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-1950183
For Sale
1 / 5
$1,275,000
211 Pioneer Rd W, Long Beach, WA 98631
View Listing →
Property summary
AI-generated overview
Exceptional investment opportunity: a 20,715-square-foot medical office building in Long Beach, WA, listed at $3,250,000. This single-story, wood-frame building, constructed in 1976 and renovated in 2013, sits on a 1.97-acre lot. Previously operating as a licensed 50-bed Klean Drug and Alcohol Treatment Center, the property is currently vacant and offers significant potential for various medical uses. The building features 25 units and abundant off-street parking. It boasts a fully sprinklered system and is zoned R3R by the City of Long Beach. The property's location offers convenient access, being a short walk to the beach. Detailed county records are available. The asking price is $171.41 per square foot, or $130,000 per unit. The owner is open to both sale and lease options, with a lease rate of $20,000 per month, NNN. This property presents a rare chance to acquire a substantial medical facility in a desirable location. Serious inquiries are encouraged.
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1976
Total area
18,960 SF
Lot
1.06 ac (46,174 SF)
APN
10110932112
UPID
US90-1950183
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lowcal Industries · 14 yrs held
Lowcal Industries
since 2011
2 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 Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,214
Tax year 2024
Assessed value
$1,976,300
Assessed 2024
Previous assessed
$1,976,300
+0.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$287,600
Assessed improvement
$1,688,700
Land market value
$287,600
Improvement market value
$1,688,700
Total market value
$1,976,300
Applied tax rate
34.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
For Sale
Year built
1976
Heating
NONE
Stories
1
Total area
18,960 SF
Lot
1.06 ac (46,174 SF)
APN
10110932112
UPID
US90-1950183
Jurisdiction
PACIFIC
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Lowcal Industries
Individual
Mailing address
2885 SANFORD AVE SW STE #13000, GRANDVILLE, MI 49418-1342
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2011
$1,250,000
Lowcal Industries
Ocean View Partners
Warranty Deed
$1,000,750 · Ocean View Partners
—
—
Lowcal Industries LLC
—
Deed Of Trust
related
$3,000,000 · Benjamin Landa
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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