Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Individual retail properties
2424 Aberdeen Ave Hoquiam, WA 98550-4017
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0370493
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
1962
Construction
STEEL FRAME
Total area
826 SF
Lot
0.43 ac (18,731 SF)
APN
55204800200
UPID
US90-0370493
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
-
Sandstone Motel Hotel & Motel
-
Auto Tech Auto Repair Shop Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
The Moore Wright Group · 3 yrs held
The Moore Wright Group
since 2023
Last sale
$1.2M
7 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 Hoquiam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoquiam 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
$1,235,000
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±10% · vs last sale $1.20M (May 19 2023)
Last sale anchor
$1.20M
May 19 2023
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
$1,447 / 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
$4,110
Tax year 2023
Assessed value
$371,786
Assessed 2022
Previous assessed
$371,786
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$80,325
Assessed improvement
$291,461
Land market value
$80,325
Improvement market value
$291,461
Total market value
$371,786
Applied tax rate
28.0000
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
1962
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
2
Total area
826 SF
Lot
0.43 ac (18,731 SF)
APN
55204800200
UPID
US90-0370493
Jurisdiction
GRAYS HARBOR
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
1962
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
The Moore Wright Group
Entity
Mailing address
1401 SIMPSON AVE, ABERDEEN, WA 98520-4705
Ownership since
2023
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
Jun 13, 2025
—
The Moore Wright Group
—
Deed
related
$6,309,435 · Washington State Department Of Commerce
May 19, 2023
$1,199,967
The Moore Wright Group
Patti Y Kim
Warranty Deed
$1,550,000 · Corporation For Supportive Housing
Jun 17, 2020
$380,000
Patti Y Kim
Howard J Kim
Warranty Deed
related
$315,000 · Unibank
Apr 8, 2016
$249,000
Howard J Kim
Coastal Holdings LLC
Grant Deed
$203,000 · Unibank
Feb 12, 2016
$249,189
Coastal Holdings LLC
Lewis Douglas C|kim,yong S
Trustees Deed
related
—
Nov 15, 2010
$350,100
Yong S Kim
Bank Of Pacific
Grant Deed
$250,000 · Bank Of Pacific
Jul 28, 2010
$466,224
Bank Of Pacific
Natwick Stephen P
Trustees Deed
related
—
Jun 15, 2007
$320,000
Ki C Choi
Hong,dae R & Lisa C
Warranty Deed
$427,500 · Bank Of Pacific
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2424 Aberdeen Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
