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    Property profile & analytics

    609 1st Ave Odessa, WA 99159-9821

    • Hotels
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-1364780
    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

    • La Collage Inn / Motel / Hotel

    Property Details for 609 1st Ave

    Property type
    Hotels
    Property subtype
    Motels
    APN
    507002001000
    APU
    507002001000

    Description

    This exceptional 5,220 square foot commercial property located at 609 E 1st Ave, Odessa, WA presents a unique investment opportunity. The building, originally constructed in 1952 and extensively renovated in 1989, boasts twelve individual rooms, each ranging in size from 221 to 255 square feet. Recent improvements include a new roof installed in 2023 and an updated electrical panel in 2022, ensuring the property is well-maintained and ready for immediate operation. The property sits on a 1.45-acre lot, offering significant expansion potential. Interestingly, the north-facing parcel received permitting and approval for RV sites in 1999, though this plan was never implemented. Currently operating as a motel, this property is the only hospitality option in Odessa, providing a significant competitive advantage. Adding to its appeal is a spacious 1,500 square foot, two-bedroom apartment with a full kitchen and an upstairs loft, ideal for an owner/manager to reside on-site. This presents a rare chance to acquire a twelve-unit motel with virtually no competition in a thriving market. The motivated seller is eager to find the right buyer for this promising investment. The asking price is $599,900.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Lincoln
    State
    Washington
    Longitude
    -118.679
    Latitude
    47.3331

    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
    2024
    $2,328
    $20,000
    $160,000
    $180,000
    -
    $20,000
    $160,000
    $180,000

    Comparable in this City

    • Value Estimation by Request

      12 4th Ave

      HOTEL/MOTEL
      12 4th Ave, Odessa, WA 99159
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      5,152 SF

      3 Division St

      HOTEL/MOTEL • 5,152 SF
      3 Division St, Odessa, WA 99159
      View Details
    • Value Estimation by Request

      Odessa, WA 99159

      VACANT COMMERCIAL LAND
      Odessa, WA 99159
      View Details
    • Value Estimation by Request

      111 1st St

      RETAIL STORES (PERSONAL SERVICES)
      111 1st St, Odessa, WA 99159
      View Details
    • Value Estimation by Request
      1.60 Acres

      3980 State Rte 21st N

      VACANT COMMERCIAL LAND • 1.60 Acres
      3980 State Rte 21st N, Odessa, WA 99159
      View Details
    • Value Estimation by Request
      4,736 SF

      6 1st Ave

      MINI-WAREHOUSE, STORAGE • 4,736 SF
      6 1st Ave, Odessa, WA 99159-7007
      View Details
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    609 1st Ave
    Odessa, WA 99159-9821
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    Realmo Value Estimation

    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.

    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.

    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
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