Property profile

500 Main St Centralia, WA 98531

OFF-MARKET
Retail properties & Spaces
Property ID
US90-0566131
4,421 SF 0.31 ac lot Built 1940
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,421 SF
Lot 0.31 ac (13,504 SF)
APN 295001000
UPID US90-0566131

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
  • Mediation Service Business Administration Service
  • Training Center
  • Gym & Fitness Center Alternative Medicine Practice
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

500 Main St Centralia, WA 98531-4252
Centralia metro Census 970600 CENTRALIA, WA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$880k
Comparable Approach Comparable
$893k
Blend (final) Blend
$300k

Owner & transaction history

since 2010
7 recorded transactions
2010
$275,000
2009
Price N/A
2007
$479,021
1999
$336,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $910,000 +32.6%

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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