Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    603 Lincoln St Port Angeles, WA 98362-6111

    • Retail space
    • 22,507 SF
    OFF-MARKET
    Value Estimations
    $1,500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-2898640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Port Angeles Goodwill / Discount Store

    Property Details for 603 Lincoln St

    Property size
    22,507 SF
    Property type
    Retail space
    APN
    630000201002001
    APU
    630000201002001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,616,000
      Market price range: $1.03M - $3.63M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Angeles
    County
    Clallam
    State
    Washington
    Longitude
    -123.435
    Latitude
    48.1131
    CBSA code
    38820
    CBSA name
    PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,738
    $595,000
    $854,603
    $1,449,603
    -
    $595,000
    $854,603
    $1,449,603

    Comparable in this City

    • Value Estimation by Request

      111 Frnt St

      RETAIL STORES (PERSONAL SERVICES)
      111 Frnt St, Port Angeles, WA 98362-2606
      View Details
    • Value Estimation by Request
      3,830 SF

      238 8th St

      RETAIL STORES (PERSONAL SERVICES) • 3,830 SF
      238 8th St, Port Angeles, WA 98362-6015
      View Details
    • Value Estimation by Request
      1,152 SF

      2720 Hwy 101

      RETAIL STORES (PERSONAL SERVICES) • 1,152 SF
      2720 Hwy 101, Port Angeles, WA 98362-8753
      View Details
    • Value Estimation by Request
      2,310 SF

      1327 1st St

      RETAIL STORES (PERSONAL SERVICES) • 2,310 SF
      1327 1st St, Port Angeles, WA 98362-4649
      View Details
    • Value Estimation
      $1,250,000
      1,296 SF

      1116 1st St

      RETAIL STORES (PERSONAL SERVICES) • 1,296 SF
      1116 1st St, Port Angeles, WA 98362
      View Details
    • Value Estimation by Request
      3,206 SF

      114 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 3,206 SF
      114 Frnt St, Port Angeles, WA 98362-2607
      View Details

    Similar Nearby for Sale

    • $187,000

      Established Screen-Printing Business Opportunity

      Thriving screen-printing and embroidery business for sale in Port Angeles.
      114 E Front St, Port Angeles, WA 98362
      View Details
    • $400,000
      2,200 SF

      Turnkey Restaurant Opportunity in Port Angeles

      Established restaurant for sale with strong community ties and equipment.
      205 E 8Th St, Port Angeles, WA 98362
      View Details
    • $319,000
      1,632 SF

      Prime Commercial Property, Port Angeles

      High-visibility commercial property suited for auto-related services.
      833 E 1St St, Port Angeles, WA 98362
      View Details
    • $59,000
      1.19 Acres

      Port Angeles Vacant Land Parcel

      1.19 acre vacant land parcel in Port Angeles, WA.
      999 Largent Ln, Port Angeles, WA 98362
      View Details
    • $85,000
      0.73 Acres

      Residential Lot Near Golf Course

      Residential lot near golf course and Olympic National Park.
      2211 Lindberg Rd, Port Angeles, WA 98362
      View Details
    • $225,000
      2.43 Acres

      Port Angeles Timbered Land Parcel

      2.43-acre timbered parcel ready for development near Port Angeles, WA.
      999 N Bagley Creek Rd, Port Angeles, WA 98362
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,545 SF

      Retail Space Near Highway 101

      Retail space with high visibility and highway access near downtown.
      121 S Del Guzzi Dr, Port Angeles, WA 98362
      View Details
    • $1,000 /Mo
      424 SF

      Downtown Port Angeles Retail/Office Space

      Commercial space in high-visibility HarborTowne building, downtown Port Angeles.
      222 N Lincoln St, Port Angeles, WA 98362
      View Details
    • $1,250 /Mo
      750 SF

      Port Angeles Retail or Office

      Commercial space in downtown Port Angeles near Black Ball Ferry.
      222 N Lincoln St, Port Angeles, WA 98362
      View Details
    • $1,000 /Mo
      400 SF

      Downtown Port Angeles Retail/Office Space

      400 SF commercial space in high-visibility downtown location.
      222 N Lincoln St, Port Angeles, WA 98362
      View Details
    • $12 SF/Yr
      8,800 SF

      Port Angeles Retail Space Available

      8,800 SF retail space for lease in Port Angeles.
      1936 E 1St St, Port Angeles, WA 98362
      View Details
    • $800 /Mo
      520 SF

      Downtown Port Angeles Retail/Office Space

      520 SF commercial space in high-visibility downtown Port Angeles building.
      222 N Lincoln St, Port Angeles, WA 98362
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    603 Lincoln St
    Port Angeles, WA 98362-6111
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.