Financial
Distress signals
Property profile

605 Point Brown Ave NW Ocean Shores, WA 98569

FOR SALE
Motels
Property ID
US90-3293956
4,600 SF 0.92 ac lot Built 1983
Last sale Jul 2021 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2022$1.99M
Assessed land$198k
Assessed improvement$1.80M
Effective rate0.65%

Value estimate

· Sep 2026
$1.25M
$1.12M – $1.37M
AI approach$1.38M
Submarket $/SF estimate$1.04M
NOI build-up
Gross scheduled income$407k
Vacancy & credit loss−$20k
Operating expenses−$174k
NOI · 5.38% cap applied$212k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$384/SF
County average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$143 – $619

Cap rate analysis

How does the asset earn?
5.38%
$212k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRAYS HARBOR

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.8
Auto Parts Store9.6
Auto Repair Shop9.5

Location

605 Point Brown Ave NW Ocean Shores, WA 98569
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
799 Ocean Shrs NW, Ocean Shores, WA 98569-8708 $1,399,967 Jul 2023 7,800 SF
839 Ocean Shrs NW, Ocean Shores, WA 98569-9593 $1,250,000 Jun 2022 4,521 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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