Property profile

415 1st St Winlock, WA 98596

OFF-MARKET
Retail space
Property ID
US90-2562900
672 SF 0.06 ac lot Built 1915
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity in Winlock, WA, presents two adjacent city lots totaling 0.06 acres with an impressive three-street frontage on NE 1st Street and Fir Street. The property includes a 672 square foot commercial building, ideally suited for a variety of uses, including the potential for a drive-through service. The building's strategic positioning maximizes visibility and accessibility. The property's configuration offers significant flexibility. Lot 1 (Parcel 005-894-000-000), encompassing 2,614 square feet, houses the existing commercial building and benefits from frontage on both NE 1st Street and Fir Street. Lot 2 (Parcel 005-894-001-000), also measuring 2,614 square feet, is a vacant lot located behind the building, providing additional space for expansion or independent development. This unique combination of existing structure and ample land presents a rare opportunity for investors seeking a strong foothold in a growing market. The property is priced at $224,900 and is available for viewing by appointment only. This is a chance to acquire a versatile commercial property with significant upside potential. Don't miss this opportunity to secure a prime location in Winlock.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1915
Construction WOOD
Total area 672 SF
Lot 0.06 ac (2,614 SF)
APN 5894000000
UPID US90-2562900

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
  • Training Center

Location

415 1st St Winlock, WA 98596
Winlock metro Census 971501 CENTRALIA, WA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2019
2 recorded transactions
2019
$68,678
2019
$46,994

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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