Property profile

401 Tower Ave Centralia, WA 98531

OFF-MARKET
Office Spaces
Property ID
US90-1528918
3,546 SF 0.09 ac lot Built 1935
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1935
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,546 SF
Lot 0.09 ac (3,920 SF)
APN 1973000000
UPID US90-1528918

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Photography Service (Bike/Boat/Book/etc) Store

Location

401 Tower Ave Centralia, WA 98531-4611
Centralia metro Census 970400 CENTRALIA, WA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
$700k
Comparable Approach Comparable
$588k
Blend (final) Blend
$635k

Owner & transaction history

since 2022
Last sale
$675,000
4 recorded transactions
2022
$675,000
2013
Price N/A
2011
$227,528
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $730,000 +53.1%
Retail stores $550,000 +15.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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