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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Commercial real estate
45 Marion Rd Elma, WA 98541-9104
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-3339389
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1995
Construction
STEEL FRAME
Total area
14,388 SF
Lot
1.67 ac (72,745 SF)
APN
47002300002
UPID
US90-3339389
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
$995k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$855k
Owner & transaction history
Three Os LLC · 5 yrs held
Three Os LLC
since 2021
Last sale
$750,000
7 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 Elma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elma 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
$935,000
ML approach
$995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $750k (Jun 28 2021)
Last sale anchor
$750k
Jun 28 2021
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
$59 / 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
$16,202
Tax year 2023
Assessed value
$1,715,611
Assessed 2022
Previous assessed
$785,916
+118.3% YoY
Effective rate
0.94%
On assessed value
Assessed land
$62,625
Assessed improvement
$1,652,986
Land market value
$62,625
Improvement market value
$1,652,986
Total market value
$1,715,611
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Total area
14,388 SF
Lot
1.67 ac (72,745 SF)
APN
47002300002
UPID
US90-3339389
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
1995
Construction
STEEL FRAME
Heating
NONE
Lot
1.67 ac
Current owner
From public records · entity-resolved
Three Os LLC
Entity
Mailing address
940 POPLAR ST SE, OLYMPIA, WA 98501-2131
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2021
$750,000
Three Os LLC
Gary Eugene Frey
Warranty Deed
$500,000 · Umpqua Bank
Mar 11, 2019
—
Gary E Frey
—
Deed
related
$452,000 · Us Bk
Apr 12, 2005
—
Michael J Lang
Cramer,ray L
Quit Claim Deed
related
—
Apr 12, 2005
$564,673
Gary Eugene Frey
Michael J Lang
Warranty Deed
$452,000 · Us Bank NA
—
—
Gary E Frey
—
Loan Modification
related
$452,000 · Us Bk
—
—
Gary E Frey
—
Deed Of Trust
related
$300,000 · Anchor Mutual Savings Bank
—
—
Gary E Frey
—
Deed Of Trust
related
$700,000 · Anchor Mutual Savings Bank
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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