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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Motels
45 Main St, Pacific Beach, WA 98571-5004
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2515359
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1967
Construction
STEEL FRAME
Total area
3,564 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C2
APN
795500800400
UPID
US90-2515359
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$525k
Owner & transaction history
Clipper Services LLC · 2 yrs held
Clipper Services LLC
since 2023
Last sale
$510,000
7 recorded transactions
Zoning & alternative use
C2 · Pacific Beach, WA
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 Pacific Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacific Beach 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
Method
Estimation
Statistic approach
$525,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $510k (Dec 28 2023)
Last sale anchor
$510k
Dec 28 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$147 / SF
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
Tax billed
$5,328
Tax year 2023
Assessed value
$756,406
Assessed 2022
Previous assessed
$520,165
+45.4% YoY
Effective rate
0.70%
On assessed value
Assessed land
$132,000
Assessed improvement
$624,406
Land market value
$132,000
Improvement market value
$624,406
Total market value
$756,406
Applied tax rate
64.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
3,564 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C2
APN
795500800400
UPID
US90-2515359
Jurisdiction
GRAYS HARBOR
Zoning & alternative use
C2 · Pacific Beach, WA
Zoning C2 · permitted uses
C2 · Pacific Beach, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pacific Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Clipper Services LLC
Entity
Mailing address
1325 4TH AVE STE #1700, SEATTLE, WA 98101-2528
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
—
Clipper Services LLC
Stephen Northcutt
Quit Claim Deed
related
—
Dec 27, 2023
—
Stephen Northcutt
Dayenu LLC
Quit Claim Deed
related
—
Nov 1, 2019
$510,000
Dayenu LLC
Top Gallant LLC
Warranty Deed
—
Jun 1, 2016
$375,000
Top Gallant LLC
Robyn Roloff
Warranty Deed
$281,250 · Timberland Bank
Jun 21, 2005
$88,979
Robyn Roloff
Darci Keefer
Quit Claim Deed
related
$275,000 · Dba Premier Financial Services
Jan 15, 2004
$140,000
Christopher Keefer
Glaser,david C & Sharon J
Warranty Deed
$100,000 · David C & Sharon J Glaser
—
—
Douglas B Hughes
—
Deed Of Trust
related
$115,000 · Benjamin Braat
—
—
Robyn Roloff
—
Deed Of Trust
related
$158,116 · Benjamin Braat
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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