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    Property profile & analytics

    478 Water Tower Rd Othello, WA 99344-9405

    • Retail space
    • 3.53 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 28, 2023
    Location Intelligence
    Property ID
    US90-2078089
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 478 Water Tower Rd

    Construction
    FRAME
    Lot size
    3.53 lot acres
    Property type
    Retail space
    APN
    1-529-03-236-0001
    APU
    1529032360001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Othello
    County
    Adams
    State
    Washington
    Longitude
    -119.053
    Latitude
    46.8434
    CBSA code
    36830
    CBSA name
    OTHELLO, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,668
    $65,200
    $2,132,000
    $2,197,200
    -
    $65,200
    $2,132,000
    $2,197,200

    Comparable in this City

    • Value Estimation by Request
      0.70 Acres

      140 150th 160th S 16th Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.70 Acres
      140 150th 160th S 16th Ave, Othello, WA 99344
      View Details
    • Value Estimation by Request
      972 SF

      55 9th Ave

      RETAIL STORES (PERSONAL SERVICES) • 972 SF
      55 9th Ave, Othello, WA 99344-1414
      View Details
    • Value Estimation by Request
      280 SF

      1624 Broadway Ave

      RETAIL STORES (PERSONAL SERVICES) • 280 SF
      1624 Broadway Ave, Othello, WA 99344
      View Details
    • Value Estimation
      $250,000
      4,718 SF

      65 Broadway Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,718 SF
      65 Broadway Ave, Othello, WA 99344-1363
      View Details
    • Value Estimation
      $420,000
      1,565 SF

      910 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,565 SF
      910 Main St, Othello, WA 99344-1448
      View Details
    • Value Estimation
      $250,000
      1,218 SF

      1010 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,218 SF
      1010 Main St, Othello, WA 99344-1537
      View Details

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    478 Water Tower Rd
    Othello, WA 99344-9405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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