Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3022 Simpson Ave Hoquiam, WA 98550-3025

    • Grocery and convenience stores
    • 2,486 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Last Sale
    Dec 26, 2024
    $500,000
    Location Intelligence
    Property ID
    US90-3121545
    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

    • Smoke Town / Tobacco Shop
    • NITSUL / Store

    Property Details for 3022 Simpson Ave

    Year built
    1957
    Construction
    STEEL FRAME
    Lot size
    0.14 lot acres
    Property size
    2,486 SF
    Property type
    Grocery and convenience stores
    APN
    52208300400
    APU
    52208300400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hoquiam
    County
    Grays Harbor
    State
    Washington
    Longitude
    -123.855
    Latitude
    46.9749
    CBSA code
    10140
    CBSA name
    ABERDEEN, 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
    $3,109
    $26,775
    $254,453
    $281,228
    -
    $26,775
    $254,453
    $281,228

    Comparable in this City

    • Value Estimation
      $1,095,000
      1,712 SF

      2275 State Rte 109

      CONVENIENCE STORE • 1,712 SF
      2275 State Rte 109, Hoquiam, WA 98550-9626
      View Details
    • Value Estimation
      $235,000
      1,428 SF

      2828 Hoquiam Rd

      GROCERY, SUPERMARKET • 1,428 SF
      2828 Hoquiam Rd, Hoquiam, WA 98550-9108
      View Details
    • Value Estimation
      $470,000
      1,568 SF

      2604 Simpson Ave

      CONVENIENCE STORE • 1,568 SF
      2604 Simpson Ave, Hoquiam, WA 98550-2929
      View Details
    • Value Estimation
      $450,000
      2,690 SF

      223 K St

      CONVENIENCE STORE • 2,690 SF
      223 K St, Hoquiam, WA 98550-3311
      View Details
    • Value Estimation
      $540,000
      1,265 SF

      814 Lincoln St

      CONVENIENCE STORE • 1,265 SF
      814 Lincoln St, Hoquiam, WA 98550-1410
      View Details
    • Value Estimation
      $410,000
      1,808 SF

      600 Simpson Ave

      CONVENIENCE STORE • 1,808 SF
      600 Simpson Ave, Hoquiam, WA 98550-3623
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land on Highway 101

      Commercial land for lease in retail core with drive-thru option.
      2609 Simpson Ave, Hoquiam, WA 98550
      View Details
    • Contact for pricing

      Land for Rent Hoquiam

      Land available for rent at 611 Emerson Ave, Hoquiam, WA.
      611 Emerson Ave, Hoquiam, WA 98550
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3022 Simpson Ave
    Hoquiam, WA 98550-3025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.