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Property profile & analytics
OFF-MARKET
Estimated value
$13,885,000
Retail space
540 7th Ave Longview, WA 98632-1605
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-0223774
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Total area
160,069 SF
Lot
20.68 ac (900,821 SF)
APN
10086
UPID
US90-0223774
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
Current use
Occupant on record · Public records
-
Walmart Money Center Check Cashing
-
Walmart Pharmacy Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Walmart Business Center Tech Support Center (Bike/Boat/Book/etc) Store
-
ecoatm Electronics Vending Machine
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.35M
Blend (final)
Blend
$13.89M
Owner & transaction history
Wal-mart Real Estate Busn · 17 yrs held
Wal-mart Real Estate Busn
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$19.8M
+28.6%
Office building
$18.2M
+18.3%
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 Longview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longview 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$15,410,000
Current use
AUTO REPAIR, GARAGE
$19,825,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$18,225,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$13.89M
Range $12.50M – $15.27M · ±10%
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
$87 / 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
$157,800
Tax year 2023
Assessed value
$17,858,550
Assessed 2022
Previous assessed
$17,338,010
+3.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$4,324,610
Assessed improvement
$13,533,940
Land market value
$4,324,610
Improvement market value
$13,533,940
Total market value
$17,858,550
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
2010
Heating
HEAT PUMP
Total area
160,069 SF
Lot
20.68 ac (900,821 SF)
APN
10086
UPID
US90-0223774
Jurisdiction
COWLITZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$15.4M
AUTO REPAIR, GARAGE
Est. value
$19.8M
OFFICE BUILDING
Est. value
$18.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2010
Heating
HEAT PUMP
Lot
20.68 ac
Current owner
From public records · entity-resolved
Wal-mart Real Estate Busn
Individual
Mailing address
2001 SE 10TH ST, BENTONVILLE, AR 72712-6489
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2008
$4,925,982
Wal-mart Real Estate Busn
Reo Property Management INC
Warranty Deed
—
Oct 24, 2008
—
Wal-mart Trse LLC
Wal-mart R/e Busn Trust
Quit Claim Deed
—
Jul 24, 2008
—
Reo Property Management INC
Reo Property Management INC
Quit Claim Deed
related
—
Jun 30, 2005
$1,752,000
Reo Property Management INC
Pacific Coast Investment
Warranty Deed
$1,752,000 · Pacific Coast Investment Co
Dec 7, 2004
$2,436,764
Pacific Coast Investment Co
Reed Longyear Malnati & Ahrens
Trustees Deed
—
Oct 1, 2004
—
Pacific Coast Investment Co
Seco Financial Group INC
Quit Claim Deed
related
—
Jan 1, 2000
—
Seco Financial Group INC
—
Warranty Deed
related
—
—
—
Reo Property Management INC
—
Deed Of Trust
related
$572,009 · Heritage 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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