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Property profile & analytics
OFF-MARKET
Estimated value
$17,420,000
Manufacturing properties
3000 Galvin Rd Centralia, WA 98531-9059
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1147193
Property profile
Verified
Property type
Manufacturing properties
Use group
MILL (FEED, GRAIN, LUMBER, TEXTILE)
Year built
1970
Construction
WOOD FRAME
Total area
129,242 SF
Lot
11.91 ac (518,800 SF)
APN
21105007000
UPID
US90-1147193
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
$15.85M
Comparable Approach
Comparable
$18.99M
Blend (final)
Blend
$17.42M
Owner & transaction history
Northwest Hardwoods INC · 14 yrs held
Northwest Hardwoods INC
since 2011
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.3M
+64.3%
Auto repair, garage
$16.0M
+61.4%
Office building
$15.5M
+57.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,165,000
6.5%
$15,845,000
7%
$14,710,000
Alternative Use
Use
Estimation
RESTAURANT
$16,255,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,960,000
Change: +61% · Conversion: Easy
OFFICE BUILDING
$15,530,000
Change: +57% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$12,660,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,415,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$11,830,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$17.42M
Range $15.68M – $19.16M · ±10%
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
$135 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$293,027
Tax year 2024
Assessed value
$44,797,550
Assessed 2023
Previous assessed
$7,991,900
+460.5% YoY
Effective rate
0.65%
On assessed value
Assessed land
$2,230,800
Assessed improvement
$42,566,750
Land market value
$2,230,800
Improvement market value
$42,566,750
Total market value
$44,797,550
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
Manufacturing properties
Use group
MILL (FEED, GRAIN, LUMBER, TEXTILE)
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
129,242 SF
Lot
11.91 ac (518,800 SF)
APN
21105007000
UPID
US90-1147193
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
RESTAURANT
Est. value
$16.3M
AUTO REPAIR, GARAGE
Est. value
$16.0M
OFFICE BUILDING
Est. value
$15.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.7M
COMMERCIAL (GENERAL)
Est. value
$12.4M
RETAIL STORES
Est. value
$11.8M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RETAIL STORES
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
1970
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
11.91 ac
Current owner
From public records · entity-resolved
Northwest Hardwoods INC
Entity
Free & Clear · 14 yrs held
Mailing address
2600 NETWORK BLVD STE #600, FRISCO, TX 75034-6015
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
—
Northwest Hardwoods INC
—
Deed
related
$110,000,000 · Alter Domus Us LLC
Aug 3, 2011
$845,208
Northwest Hardwoods INC
Weyerhaeuser Nr Co
Warranty Deed
—
Jan 5, 2009
—
Weyerhaeuser Nr Co
Weyerhaeuser
Quit Claim Deed
related
—
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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