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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Retail space
4608 Central Park Dr Aberdeen, WA 98520-7005
Individually Owned
7-yr Hold
Free & Clear
Property ID
US90-0106580
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
FRAME
Total area
3,840 SF
Lot
3.58 ac (155,945 SF)
Zoning code
C2
APN
170912420020
UPID
US90-0106580
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
$530k
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$510k
Owner & transaction history
Lawrence G Angell · 7 yrs held
Lawrence G Angell
since 2019
Last sale
$420,000
6 recorded transactions
Zoning & alternative use
C2 · Aberdeen, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$640,000
+85.6%
Commercial (general)
$625,000
+80.9%
Auto repair, garage
$475,000
+36.6%
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 Aberdeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aberdeen 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
$540,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$660,000
Alternative Use
Use
Estimation
RETAIL STORES
$345,000
Current use
OFFICE BUILDING
$640,000
Change: +86% · Conversion: Easy
COMMERCIAL (GENERAL)
$625,000
Change: +81% · Conversion: Easy
AUTO REPAIR, GARAGE
$475,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $420k (Jan 28 2020)
Last sale anchor
$420k
Jan 28 2020
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
$133 / 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
$5,177
Tax year 2023
Assessed value
$457,102
Assessed 2022
Previous assessed
$361,135
+26.6% YoY
Effective rate
1.13%
On assessed value
Assessed land
$64,440
Assessed improvement
$392,662
Land market value
$64,440
Improvement market value
$392,662
Total market value
$457,102
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
NONE
Total area
3,840 SF
Lot
3.58 ac (155,945 SF)
Zoning code
C2
APN
170912420020
UPID
US90-0106580
Jurisdiction
GRAYS HARBOR
Zoning & alternative use
C2 · Aberdeen, WA
Zoning C2 · permitted uses
C2 · Aberdeen, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aberdeen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$345,000
OFFICE BUILDING
Est. value
$640,000
COMMERCIAL (GENERAL)
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$475,000
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
NONE
Lot
3.58 ac
Current owner
From public records · entity-resolved
Lawrence G Angell
Individual
Free & Clear · 7 yrs held
Mailing address
PO BOX 550, MONTESANO, WA 98563-0550
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2022
—
Harbor Auto Investment Properties L
—
Deed
related
$1,200,000 · South State Bank NA
Jan 31, 2019
$180,125
Lawrence G Angell
Lpsl Corp Services INC|treasure Harbor LLC
Trustees Deed
related
—
Aug 23, 2016
$100,000
Kenneth C Mroczek
Treasure Harbor LLC
Dual Purpose Document
$100,000 · Treasure Harbor LLC
Apr 30, 2014
$170,000
Treasure Harbor LLC
Gilroy Family Trust
Grant Deed
$110,000 · Juniper Loan Servicing
Oct 25, 2013
$411,941
Juniper Loan Servicing Corp
Anderson Hunter Law Firm
Trustees Deed
related
—
Apr 6, 2004
$370,000
Central Park West I LLC
Hoss,robert W
Warranty Deed
$261,250 · Olympic Coast Investment INC
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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