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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Warehouses
520 Walker Rd Hoquiam, WA 98550
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2219944
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
STEEL FRAME
Total area
850 SF
Lot
297.25 ac (12,948,210 SF)
Zoning code
G5
APN
191122110000
UPID
US90-2219944
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
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.00M
Owner & transaction history
Jonathan Jones · 2 yrs held
Jonathan Jones
since 2024
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
G5 · Hoquiam, 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 Hoquiam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hoquiam 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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.00M (Apr 8 2024)
Last sale anchor
$3.00M
Apr 8 2024
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
$3,529 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,572
Tax year 2024
Assessed value
$730,246
Assessed 2023
Previous assessed
$730,246
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$711,250
Assessed improvement
$18,996
Land market value
$711,250
Improvement market value
$18,996
Total market value
$730,246
Applied tax rate
28.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Total area
850 SF
Lot
297.25 ac (12,948,210 SF)
Zoning code
G5
APN
191122110000
UPID
US90-2219944
Jurisdiction
GRAYS HARBOR
Zoning & alternative use
G5 · Hoquiam, WAZoning G5 · permitted uses
G5 · Hoquiam, WA
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
1950
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Lot
297.25 ac
Current owner
From public records · entity-resolved
Jonathan Jones
Individual
Mailing address
7360 85TH PL SE, MERCER ISLAND, WA 98040-5719
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2024
$2,999,983
Jonathan Jones
Grays Harbor Green LLC
Warranty Deed
—
Apr 8, 2024
—
Jonathan Jones
Jennifer Jones
Intrafamily Transfer
related
$1,950,000 · Ts Bank
Jul 1, 2014
—
Wells,betty L Trust
Wells James W
Quit Claim Deed
related
—
Jul 1, 2014
$795,000
Grays Harbor Green LLC
Wells Betty L Trust
Grant Deed
—
Jun 25, 2014
—
Wells,betty L Trust
Wells,james L
Quit Claim Deed
related
—
Feb 1, 2011
—
James L Wells
Wells Betty L Trust
Quit Claim Deed
related
—
Nov 23, 2010
—
James L Wells
Wells Betty L E Trust
Quit Claim Deed
—
Nov 18, 2010
—
Betty J Redifer
Wells Betty L E Trust
Grant Deed
related
—
Oct 1, 2007
—
Wells Betty L Exemption Trust
Wells,betty L
Quit Claim Deed
related
—
—
—
Grays Harbor Green LLC
—
Deed Of Trust
related
$820,000 · D Scott Haldan
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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