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    Property profile & analytics

    318 Morton Rd Morton, WA 98356

    • Manufacturing properties
    • 1,652 SF
    • 4.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1846409
    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

    • Manufacturing properties

    Property Details for 318 Morton Rd

    Year built
    1992
    Construction
    WOOD
    Lot size
    4.50 lot acres
    Property size
    1,652 SF
    Property type
    Manufacturing properties
    APN
    8697000000
    APU
    8697000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morton
    County
    Lewis
    State
    Washington
    Longitude
    -122.276
    Latitude
    46.5615
    CBSA code
    16500
    CBSA name
    CENTRALIA, 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
    $135,642
    $362,400
    $19,213,400
    $19,575,800
    -
    $362,400
    $19,213,400
    $19,575,800

    Comparable in this City

    • Value Estimation by Request

      Mineral Crk Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE)
      Mineral Crk Rd, Morton, WA 98356
      View Details
    • Value Estimation by Request
      0.21 Acres

      State Rte 7th 7

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 0.21 Acres
      State Rte 7th 7, Morton, WA 98356
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    • Value Estimation by Request
      1.90 Acres

      320 2nd St

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 1.90 Acres
      320 2nd St, Morton, WA 98356
      View Details
    • Value Estimation
      $620,000
      2,779 SF

      247 Priest Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 2,779 SF
      247 Priest Rd, Morton, WA 98356-9404
      View Details
    • Value Estimation by Request
      0.71 Acres

      State Rte 7th 7

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 0.71 Acres
      State Rte 7th 7, Morton, WA 98356
      View Details
    • Value Estimation
      $415,000
      2,400 SF

      324 Davis Lk Rd

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 2,400 SF
      324 Davis Lk Rd, Morton, WA 98356-9414
      View Details

    Similar Nearby for Sale

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      Land with Hill Views

      Large land parcel with potential for timber or future home.
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      Morton Commercial Building For Sale

      3,200 SF commercial building in Morton, Washington.
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    318 Morton Rd
    Morton, WA 98356
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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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