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    Property profile & analytics

    351 3rd Rivers Dr Kelso, WA 98626-3129

    • Retail space
    • 457,991 SF
    • 45.15 lot acres
    OFF-MARKET
    Value Estimation
    $18,240,000
    Last Sale
    Nov 08, 2024
    $17,999,978
    Location Intelligence
    Property ID
    US90-1161607
    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

    • Fresh Attitude Dance Studio / Dance School
    • The Family Room LLC / Indoor Playground / Playground
    • Lighthouse Gifts & Imports / Gift Shop
    • Magic Pop Shop / Game Store / Hobby Store
    • Rusty Rose LLC / Antique Store / Record Store

    Property Details for 351 3rd Rivers Dr

    Year built
    1987
    Lot size
    45.15 lot acres
    Property size
    457,991 SF
    Property type
    Retail space
    APN
    24024
    APU
    24024

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $18,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $17,195,000
      6.5%
      $17,350,000
      7%
      $17,370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $20,280,000
      Geo Method
      $18,545,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $20,840,000
      Retail
      $16,745,000
      Mixed-Use
      $16,960,000
      Hospitality
      $16,625,000
      Educational
      $21,200,000
      Residential Income
      $16,615,000
      Energy
      $18,220,000
      Income-Based Land
      $20,040,000
      Food Service
      $17,850,000

    Location Insight

    • Map
    • Local Demand
    City
    Kelso
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.901
    Latitude
    46.1394
    CBSA code
    31020
    CBSA name
    LONGVIEW, WA METROPOLITAN 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
    2024
    $72,430
    $5,500,000
    $520,000
    $6,020,000
    -
    $5,500,000
    $520,000
    $6,020,000

    Comparable in this City

    • Value Estimation
      $630,000
      2,370 SF

      211 Pne St

      RETAIL STORES (PERSONAL SERVICES) • 2,370 SF
      211 Pne St, Kelso, WA 98626-2307
      View Details
    • Value Estimation
      $295,000
      2.79 Acres

      1635 Westside Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2.79 Acres
      1635 Westside Hwy, Kelso, WA 98626-1871
      View Details
    • Value Estimation
      $125,000
      3,750 SF

      118 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,750 SF
      118 2nd Ave, Kelso, WA 98626-1340
      View Details
    • Value Estimation by Request
      5,000 SF

      413 4th Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      413 4th Ave, Kelso, WA 98626-2322
      View Details
    • Value Estimation
      $190,000
      1,320 SF

      209 Allen St

      RETAIL STORES (PERSONAL SERVICES) • 1,320 SF
      209 Allen St, Kelso, WA 98626-3403
      View Details
    • Value Estimation
      $285,000
      2,880 SF

      401 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      401 Main St, Kelso, WA 98626-1117
      View Details

    Similar Nearby for Sale

    • $550,000
      8,000 SF

      Downtown Kelso Storefront Retail

      8,000 SF Multi-Tenant Retail Building
      314 Academy St, Kelso, WA 98626
      View Details
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      Downtown Kelso Building For Sale

      8,000 SF building in downtown Kelso with visibility.
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    • New
      $200,000
      0.20 Acres

      Kelso Commercial Investment Opportunity

      C-1 zoned corner lot suitable for drive-through or retail.
      809 Westside Hwy, Kelso, WA 98626
      View Details
    • $2,500,000
      5,812 SF

      Kelso Retail Center: Prime Location

      High-Cap Retail Investment Opportunity in Kelso, WA
      1613 Westside Hwy, Kelso, WA 98626
      View Details
    • $498,000

      Downtown Kelso Commercial Building

      Prime Location, 8000 SF, High Visibility
      314 Academy St, Kelso, WA 98626
      View Details
    • $375,000

      Kelso Industrial Land - Huge Potential

      Rare Acre+ Industrial Site, Zoned for Many Uses
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      View Details

    Similar Nearby for Lease

    • $991 /Mo
      792 SF

      Retail Space in Kelso Location

      Retail spaces available in Kelso, ranging from 792-4,544 SF.
      351 Three Rivers Dr, Kelso, WA 98626
      View Details
    • $90 SF/Yr
      2,400 SF

      Downtown Kelso Office Space

      Updated Office, Prime Location, 66 sq ft Available
      208 Vine St, Kelso, WA 98626
      View Details
    • Contact for pricing
      1,400,000 SF

      Mid I-5 Industrial Park: Huge Opportunity

      ±82-acre I-5 industrial park, 1M+ sq ft.
      0 Kelso Wa, Kelso, WA 98626
      View Details
    • $1,000 /Mo
      800 SF

      Downtown Kelso Office Space

      Move-in ready office space in downtown Kelso for lease.
      206 Vine St, Kelso, WA 98626
      View Details
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    Kelso, WA 98626-3129
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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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