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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Warehouses
550 25th St Washougal, WA 98671-1616
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US90-0533821
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2013
Construction
STEEL FRAME
Total area
3,000 SF
Lot
0.23 ac (10,019 SF)
Zoning code
CC : WAS
APN
076330-000
UPID
US90-0533821
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
-
Dayley Dance Academy Training Center
-
Pro Fillet (Bike/Boat/Book/etc) Store
-
Anchest Auto Glass of Washougal Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$605k
Blend (final)
Blend
$665k
Owner & transaction history
Swell Events · 6 yrs held
Swell Events
since 2020
Last sale
$650,000
3 recorded transactions
Zoning & alternative use
CC : WAS · Washougal, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$930,000
+155.0%
Neighborhood: shopping center
$830,000
+127.8%
Medical building
$805,000
+120.3%
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 Washougal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washougal 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
$805,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
$500,000
6.5%
$460,000
7%
$430,000
Alternative Use
Use
Estimation
RETAIL STORES
$930,000
Change: +155% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$830,000
Change: +128% · Conversion: Moderate
MEDICAL BUILDING
$805,000
Change: +120% · Conversion: Difficult
COMMERCIAL (GENERAL)
$730,000
Change: +100% · Conversion: Difficult
AUTO REPAIR, GARAGE
$590,000
Change: +62% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $650k (Apr 24 2020)
Last sale anchor
$650k
Apr 24 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
$222 / 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
$4,231
Tax year 2023
Assessed value
$466,600
Assessed 2023
Previous assessed
$405,700
+15.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$106,513
Assessed improvement
$360,087
Land market value
$106,513
Improvement market value
$360,087
Total market value
$466,600
Applied tax rate
10,111.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
OTHER
Buildings
2
Stories
1
Total area
3,000 SF
Lot
0.23 ac (10,019 SF)
Zoning code
CC : WAS
APN
076330-000
UPID
US90-0533821
Jurisdiction
CLARK
Zoning & alternative use
CC : WAS · Washougal, WA
Zoning CC : WAS · permitted uses
CC : WAS · Washougal, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washougal. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$930,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$830,000
MEDICAL BUILDING
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$590,000
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
2013
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Buildings
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Swell Events
Individual
Mailing address
550 25TH ST, WASHOUGAL, WA 98671-1616
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2020
$650,000
Swell Events
Flex Teck LLC
Warranty Deed
$714,000 · First Citizens Bank & Trust Co
Oct 17, 2012
$65,000
Flex Teck LLC
Michael H Lewis Construction
Warranty Deed
$175,000 · Wells Fargo Bank NA
Jun 8, 2004
$45,000
Michael H Lewis Construction
Meder,william H & Mary J
Grant Deed
—
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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