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    Property profile & analytics

    216 Railroad Ave Ritzville, WA 99169-2309

    • Retail space
    • 2,500 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $70,000
    Last Sale
    Mar 02, 2022
    $65,000
    Location Intelligence
    Property ID
    US90-1920257
    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

    • Ritzville Adams County Journal / Newspaper Publisher

    Property Details for 216 Railroad Ave

    Year built
    1915
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.08 lot acres
    Property size
    2,500 SF
    Property type
    Retail space
    APN
    1-935-23-050-1013
    APU
    1935230501013

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ritzville
    County
    Adams
    State
    Washington
    Longitude
    -118.381
    Latitude
    47.1261
    CBSA code
    36830
    CBSA name
    OTHELLO, WA MICROPOLITAN 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
    $1,179
    $7,100
    $86,000
    $93,100
    -
    $7,100
    $86,000
    $93,100

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      Railroad Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      Railroad Ave, Ritzville, WA 99169
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    • Value Estimation by Request
      2,762 SF

      104 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 2,762 SF
      104 Washington St, Ritzville, WA 99169-2326
      View Details
    • Value Estimation by Request
      5,000 SF

      101 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      101 Washington St, Ritzville, WA 99169-2310
      View Details
    • Value Estimation
      $220,000
      3,116 SF

      1205 1st Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,116 SF
      1205 1st Ave, Ritzville, WA 99169-2009
      View Details
    • Value Estimation
      $280,000
      6,400 SF

      703 1st Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,400 SF
      703 1st Ave, Ritzville, WA 99169-1925
      View Details
    • Value Estimation by Request
      3.00 Acres

      1401 1st Ave

      RETAIL STORES (PERSONAL SERVICES) • 3.00 Acres
      1401 1st Ave, Ritzville, WA 99169
      View Details

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    • Contact for pricing
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      Prime location, ample storage, great potential.
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    Request Owner's contact information
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    216 Railroad Ave
    Ritzville, WA 99169-2309
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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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