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Property profile & analytics
OFF-MARKET
Medical Office Space
400 8th St, Hoquiam, WA 98550-3600
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-3229404
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Construction
STEEL FRAME
Total area
5,311 SF
Lot
0.55 ac (23,958 SF)
APN
51804801400
UPID
US90-3229404
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Quinault TANF Office Corporate Office
-
H M Johnson Family Practice Medical Clinic
-
Professional Psychological Services Physician Medical Clinic
-
TANF Association / Organization
-
Bowers Sandy Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Quinault Indian Nation · 10 yrs held
Quinault Indian Nation
since 2016
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hoquiam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoquiam submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$602,067
Assessed 2022
Previous assessed
$449,115
+34.1% YoY
Assessed land
$102,000
Assessed improvement
$500,067
Land market value
$102,000
Improvement market value
$500,067
Total market value
$602,067
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
5,311 SF
Lot
0.55 ac (23,958 SF)
APN
51804801400
UPID
US90-3229404
Jurisdiction
GRAYS HARBOR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Quinault Indian Nation
Individual
Mailing address
PO BOX 189, TAHOLAH, WA 98587-0189
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2016
$200,000
Quinault Indian Nation
Pinnacle Properties II LLC
Warranty Deed
—
Jan 21, 2004
$275,000
Pinnacle Properties II LLC
Nelson,jane W
Warranty Deed
$220,000 · Bank Of Pacific
Jan 15, 2004
—
Bryan Trust 91-6527041
Bryant,lila
Quit Claim Deed
related
—
—
—
Pinnacle Properties 11 LLC
—
Deed Of Trust
related
$213,000 · Bank Of The Pacific
—
—
Pinnacle Properties II LLC
—
Deed Of Trust
related
$42,000 · Bank Of Pacific
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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