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    Property profile & analytics

    316 8th St Hoquiam, WA 98550-3606

    • Drug stores
    • 8,828 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US90-0009493
    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

    • Harbor Drug & Gifts / Pharmacy
    • Joanne M. Reynvaan, RPH / Pharmacy

    Property Details for 316 8th St

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    8,828 SF
    Property type
    Drug stores
    APN
    51804900900
    APU
    51804900900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $505,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $505,000
      Retail
      $485,000
      Mixed-Use
      $470,000
      Hospitality
      $470,000
      Educational
      $480,000
      Residential Income
      $400,000
      Energy
      $515,000
      Income-Based Land
      $505,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Hoquiam
    County
    Grays Harbor
    State
    Washington
    Longitude
    -123.885
    Latitude
    46.9769
    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
    $5,378
    $75,013
    $411,496
    $486,509
    -
    $75,013
    $411,496
    $486,509

    Comparable in this City

    • Value Estimation
      $8,935,000
      17,384 SF

      3130 Simpson Ave

      DRUG STORE, PHARMACY • 17,384 SF
      3130 Simpson Ave, Hoquiam, WA 98550-3027
      View Details
    • Value Estimation by Request
      288 SF

      525 1st St

      LAUNDROMAT (SELF-SERVICE) • 288 SF
      525 1st St, Hoquiam, WA 98550-2303
      View Details
    • Value Estimation by Request
      1,004 SF

      210 6th St

      RETAIL STORES (PERSONAL SERVICES) • 1,004 SF
      210 6th St, Hoquiam, WA 98550-2514
      View Details
    • Value Estimation by Request
      1,448 SF

      2840 Sumner Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,448 SF
      2840 Sumner Ave, Hoquiam, WA 98550-3013
      View Details
    • Value Estimation
      $1,420,000
      3,650 SF

      425 Wynooche

      RETAIL STORES (PERSONAL SERVICES) • 3,650 SF
      425 Wynooche, Hoquiam, WA 98550
      View Details
    • Value Estimation
      $260,000
      1,419 SF

      428 10th St

      RETAIL STORES (PERSONAL SERVICES) • 1,419 SF
      428 10th St, Hoquiam, WA 98550-3804
      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

    Property Visit Statistics

    • Visits by month
      4.4k
    • Visitors by month
      2.8k
    • Avg Time on site
      13 min
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    316 8th St
    Hoquiam, WA 98550-3606
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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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