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Property profile & analytics
OFF-MARKET
Estimated value
$3,790,000
Warehouses
5800 Ocean Bch Hwy, Longview, WA 98632-9232
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US90-0524550
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2009
Total area
54,200 SF
Lot
9.13 ac (397,703 SF)
APN
10604
UPID
US90-0524550
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
-
Ocean Beach Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.63M
Blend (final)
Blend
$3.79M
Owner & transaction history
Ocean Beach Plaza INC · 15 yrs held
Ocean Beach Plaza INC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.2M
+57.1%
Retail stores
$5.2M
+32.9%
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
WAREHOUSE, STORAGE
$3,930,000
Current use
OFFICE BUILDING
$6,170,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$5,220,000
Change: +33% · Conversion: Moderate
Blend value · Realmo final
$3.79M
Range $3.41M – $4.17M · ±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
$70 / 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
$29,627
Tax year 2023
Assessed value
$3,351,790
Assessed 2022
Previous assessed
$2,866,490
+16.9% YoY
Effective rate
0.88%
On assessed value
Assessed land
$925,290
Assessed improvement
$2,426,500
Land market value
$925,290
Improvement market value
$2,426,500
Total market value
$3,351,790
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
2009
Heating
HEAT PUMP
Stories
1
Total area
54,200 SF
Lot
9.13 ac (397,703 SF)
APN
10604
UPID
US90-0524550
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
WAREHOUSE, STORAGE Current
Est. value
$3.9M
OFFICE BUILDING
Est. value
$6.2M
RETAIL STORES
Est. value
$5.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
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
2009
Heating
HEAT PUMP
Stories
1
Lot
9.13 ac
Current owner
From public records · entity-resolved
Ocean Beach Plaza INC
Entity
Mailing address
220 TRIANGLE SHOPPING CTR #220, LONGVIEW, WA 98632-4652
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2011
$205,000
Ocean Beach Plaza INC
Hio Storage LLC
Warranty Deed
—
Jul 21, 2009
$2,750,000
Hio Storage LLC
Ocean Beach Plaza INC
Warranty Deed
$1,959,771 · Red Canoe Cu
—
—
Ocean Beach Plaza INC
—
Deed Of Trust
related
$250,000 · Columbia State Bank
—
—
Ocean Beach Plaza INC
—
Deed Of Trust
related
—
—
—
Ocean Beach Plaza INC
—
Deed Of Trust
related
$625,000 · Columbia State Bank
—
—
Ocean Beach Plaza INC
—
Deed Of Trust
related
$1,260,000 · Columbia State Bank
—
—
Ocean Beach Plaza INC
—
Deed Of Trust
related
$125,000 · Columbia State 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.
Try Rey
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