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Property profile & analytics
OFF-MARKET
Retail space
225 22nd St Washougal, WA 98671-2461
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0522790
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Construction
WOOD
Total area
1,152 SF
Lot
0.11 ac (5,000 SF)
Zoning code
TC-C : WAS
APN
075055-000
UPID
US90-0522790
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
Current use
Occupant on record · Public records
-
Gather Community Kitchen Food Processing Plant
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
Lone Wolf Dev LLC · 14 yrs held
Lone Wolf Dev LLC
since 2011
7 recorded transactions
Zoning & alternative use
TC-C : WAS · Washougal, WA
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 Washougal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washougal 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,067
Tax year 2023
Assessed value
$116,700
Assessed 2023
Previous assessed
$101,500
+15.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$60,720
Assessed improvement
$55,980
Land market value
$60,720
Improvement market value
$55,980
Total market value
$116,700
Applied tax rate
10,111.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
1,152 SF
Lot
0.11 ac (5,000 SF)
Zoning code
TC-C : WAS
APN
075055-000
UPID
US90-0522790
Jurisdiction
CLARK
Zoning & alternative use
TC-C : WAS · Washougal, WA
Zoning TC-C : WAS · permitted uses
TC-C : WAS · Washougal, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washougal. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Lone Wolf Dev LLC
Entity
Mailing address
2131 MAIN ST, WASHOUGAL, WA 98671-4113
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2011
$152,000
Lone Wolf Dev LLC
Buch,eric R & Ginny
Warranty Deed
—
Aug 19, 2003
$165,000
Eric R Buch
Allen,thomas J & Barbara L
Grant Deed
$132,000 · Washington Mutual Fsb
Dec 24, 2002
—
Thomas J Allen
Federal National Mortgage Assn
Grant Deed
$86,600 · Merchant National Bank
Sep 3, 2002
$138,099
Federal National Mortgage Assn
Wade,tamara A & Robert L
Trustees Deed
related
—
Dec 15, 1995
$145,000
Tamara A Wade
Hulse,m M
Grant Deed
—
Apr 9, 1993
$120,000
M Moiselle Hulse
Unknown
Grant Deed
—
—
—
M M Hulse
—
Deed Of Trust
related
$100,000 · Home Lending Assoc INC
—
—
Tamara A Wade
—
Deed Of Trust
related
$10,000 · Northwest National Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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