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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    372 Chehalis Ave Chehalis, WA 98532-2034

    • Automotive properties
    • 7,308 SF
    • 0.22 lot acres
    OFF-MARKET
    Last Sale
    Mar 05, 2024
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-3279097
    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

    • Automotive properties

    Property Details for 372 Chehalis Ave

    Year built
    1941
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.22 lot acres
    Property size
    7,308 SF
    Property type
    Automotive properties
    APN
    3814001000
    APU
    3814001000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chehalis
    County
    Lewis
    State
    Washington
    Longitude
    -122.97
    Latitude
    46.6639
    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
    $1,977
    $127,000
    $109,500
    $236,500
    -
    $127,000
    $109,500
    $236,500

    Comparable in this City

    • Value Estimation by Request
      5.03 Acres

      261 Hamilton N Rd

      VEHICLE SALES, RENTALS • 5.03 Acres
      261 Hamilton N Rd, Chehalis, WA 98532-8993
      View Details
    • Value Estimation
      $2,940,000
      30,310 SF

      1950 Louisiana Ave

      VEHICLE SALES, RENTALS • 30,310 SF
      1950 Louisiana Ave, Chehalis, WA 98532-1715
      View Details
    • Value Estimation
      $865,000
      5,850 SF

      36 Market Blvd

      VEHICLE SALES, RENTALS • 5,850 SF
      36 Market Blvd, Chehalis, WA 98532-2622
      View Details
    • Value Estimation by Request
      1,386 SF

      166 Market Blvd

      VEHICLE SALES, RENTALS • 1,386 SF
      166 Market Blvd, Chehalis, WA 98532-3038
      View Details
    • Value Estimation by Request
      9,936 SF

      19 Market Blvd

      VEHICLE SALES, RENTALS • 9,936 SF
      19 Market Blvd, Chehalis, WA 98532-3035
      View Details
    • Value Estimation by Request
      1,300 SF

      1730 Hwy 603

      VEHICLE SALES, RENTALS • 1,300 SF
      1730 Hwy 603, Napavine, WA 98532-7715
      View Details

    Similar Nearby for Sale

    • $1,880,000
      12,267 SF

      Chehalis Restaurant - Turnkey Operation

      Established Restaurant, High Cash Flow, Full Sale
      576 Main St, Chehalis, WA 98532
      View Details
    • Contact for pricing

      Chehalis Restaurant and Grocery Location

      Turnkey restaurant and grocery opportunity in Chehalis, Washington.
      576 W Main St, Chehalis, WA 98532
      View Details
    • $200,000

      15 Acres Private Lake Opportunity

      15-acre lake property with private water rights near Willapa Hills.
      Sw Hillburger Rd, Chehalis, WA 98532
      View Details
    • $169,900

      14.50 Acre Riverfront Land Parcel

      Prime riverfront property with pastureland, ideal for recreation.
      Chehalis, WA 98532
      View Details
    • $249,900

      5 Acres on Chehalis River

      5 acres with 200 feet of Chehalis River frontage.
      3898 State Route 6, Chehalis, WA 98532
      View Details
    • $1,250,000

      Chehalis Commercial Land - $1.25M

      Prime 1.91-acre commercial lot, ready to build.
      1676 Bishop Rd, Chehalis, WA 98532
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      138,466 SF

      Twin City Town Center Retail Space

      Prime I-5 Retail, High Traffic Location
      1349-1565 Louisiana Ave, Chehalis, WA 98532
      View Details
    • $17 SF/Yr
      2,602 SF

      Retail Space in Chehalis Center

      Retail space available in high-traffic Chehalis shopping center.
      1331 NW Louisiana Ave, Chehalis, WA 98532
      View Details
    • $0.10 SF/Yr

      Napavine Land For Lease

      11 net usable acres fronting I-5 in Napavine, WA.
      1254 Rush Rd, Napavine, WA 98532
      View Details
    • Contact for pricing
      67,500 SF

      Available Warehouse Space with Yard

      67,500 SF warehouse space with multiple yard options.
      209 Hamilton Rd N, Chehalis, WA 98532
      View Details
    • Contact for pricing
      3,468 SF

      Chehalis Office Space Available

      Office space available for rent in Chehalis, Washington.
      225 NW Cascade Ave, Chehalis, WA 98532
      View Details
    • Contact for pricing
      55,570 SF

      Chehalis Industrial Facility For Lease

      55,570 SF industrial space with highway access.
      208 Maurin Rd, Chehalis, WA 98532
      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.
    372 Chehalis Ave
    Chehalis, WA 98532-2034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    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.